Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data 21Shares Ethereum ETF files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
Operating expenses
0.06
Interest income
0
Net income
1.38
Balance sheet
FY2025
Total assets
31.3
Accrued liabilities
0
Paid-in capital
25.5
Retained earnings
5.76
Shareholders' equity
31.3
Total equity
31.3
Cash flow statement
FY2025
Net income
1.38
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $13.36 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-56.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Market cap + total debt - cash - short-term investments.
P/B
1.68x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.68x
Market cap / tangible book value, when positive.
Earnings yield
-33.7%
Net income / market cap (the inverse of P/E).
Was 21Shares Ethereum ETF profitable in fiscal 2025?
Yes. Net income was $1.4M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.