21Shares’ Ethereum ETF TETH reports $48.4 million in H1 2026 redemptions while 86.42% of ETH remains staked
21Shares’ Ethereum ETF (TETH) reported $48.426 million in redemptions in the first half of 2026, exceeding $42.174 million of new contributions by $6.251 million. To meet cash redemptions, the trust sold 21,125.2745 ETH during the period. Net assets fell to $12.917 million by June 30 from $31.298 million at the end of December, while NAV per share dropped to $7.88 from $14.83. Even so, 86.42% of the fund’s ETH holdings remained staked as of June 30, according to a quarterly filing dated Aug. 14.