ETHZilla (ETHZ)
Market Price (2/9/2026): $3.57 | Market Cap: $44.3 MilSector: Health Care | Industry: Biotechnology
ETHZilla (ETHZ)
Market Price (2/9/2026): $3.57Market Cap: $44.3 MilSector: Health CareIndustry: Biotechnology
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Crypto & Blockchain, and Digital & Alternative Assets. Themes include Cryptocurrency Exchanges, Blockchain Enterprise Solutions, Show more. | Weak multi-year price returns2Y Excs Rtn is -131%, 3Y Excs Rtn is -168% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -227 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -5534% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1148% | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 5084% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -471%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -471% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -528% | ||
| High stock price volatilityVol 12M is 962% | ||
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22% | ||
| Key risksETHZ key risks include [1] high financial exposure to ETH price volatility impacting its financial reporting and stock price and [2] a lack of established and consistent revenue generation following its recent pivot to an Ethereum treasury strategy. |
| Megatrend and thematic driversMegatrends include Crypto & Blockchain, and Digital & Alternative Assets. Themes include Cryptocurrency Exchanges, Blockchain Enterprise Solutions, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -131%, 3Y Excs Rtn is -168% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -227 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -5534% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1148% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 5084% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -471%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -471% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -528% |
| High stock price volatilityVol 12M is 962% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22% |
| Key risksETHZ key risks include [1] high financial exposure to ETH price volatility impacting its financial reporting and stock price and [2] a lack of established and consistent revenue generation following its recent pivot to an Ethereum treasury strategy. |
Qualitative Assessment
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ETHZilla (ETHZ) stock has lost about 80% since 10/31/2025 because of the following key factors:
1. Fundamental Financial Weakness.
ETHZilla has been characterized by a persistent pre-revenue phase and unprofitability, coupled with unexpectedly high operating expenses, creating significant financial strain.
2. Cryptocurrency Market Downturn and Volatility.
As an Ethereum treasury firm, ETHZilla's stock performance is highly susceptible to the broader cryptocurrency market. The period saw significant market-wide deleveraging after Bitcoin's steep fall, triggering liquidations and pulling down major altcoins like Ethereum, directly impacting ETHZilla's underlying asset value.
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1. Fundamental Financial Weakness.
ETHZilla has been characterized by a persistent pre-revenue phase and unprofitability, coupled with unexpectedly high operating expenses, creating significant financial strain.
2. Cryptocurrency Market Downturn and Volatility.
As an Ethereum treasury firm, ETHZilla's stock performance is highly susceptible to the broader cryptocurrency market. The period saw significant market-wide deleveraging after Bitcoin's steep fall, triggering liquidations and pulling down major altcoins like Ethereum, directly impacting ETHZilla's underlying asset value.
Show more
Stock Movement Drivers
Fundamental Drivers
The -82.4% change in ETHZ stock from 10/31/2025 to 2/8/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2082026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.64 | 3.46 | -82.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 4 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 10.5 | |
| Shares Outstanding (Mil) | 1 | 12 | -95.4% |
| Cumulative Contribution | 0.0% |
Market Drivers
10/31/2025 to 2/8/2026| Return | Correlation | |
|---|---|---|
| ETHZ | -82.4% | |
| Market (SPY) | 1.3% | 33.1% |
| Sector (XLV) | 9.3% | -4.4% |
Fundamental Drivers
The -89.5% change in ETHZ stock from 7/31/2025 to 2/8/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2082026 | Change |
|---|---|---|---|
| Stock Price ($) | 32.80 | 3.46 | -89.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 4 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 10.5 | |
| Shares Outstanding (Mil) | 1 | 12 | -95.4% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2025 to 2/8/2026| Return | Correlation | |
|---|---|---|
| ETHZ | -89.5% | |
| Market (SPY) | 9.6% | 13.9% |
| Sector (XLV) | 21.5% | 9.4% |
Fundamental Drivers
The -75.3% change in ETHZ stock from 1/31/2025 to 2/8/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2082026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.00 | 3.46 | -75.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 4 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 10.5 | |
| Shares Outstanding (Mil) | 0 | 12 | -99.2% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2025 to 2/8/2026| Return | Correlation | |
|---|---|---|
| ETHZ | -75.3% | |
| Market (SPY) | 15.8% | 8.0% |
| Sector (XLV) | 8.8% | 5.0% |
Fundamental Drivers
The -99.5% change in ETHZ stock from 1/31/2023 to 2/8/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2082026 | Change |
|---|---|---|---|
| Stock Price ($) | 632.70 | 3.46 | -99.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 4 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 10.5 | |
| Shares Outstanding (Mil) | 0 | 12 | -99.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2023 to 2/8/2026| Return | Correlation | |
|---|---|---|
| ETHZ | -99.5% | |
| Market (SPY) | 76.2% | 6.8% |
| Sector (XLV) | 23.8% | 4.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ETHZ Return | 43% | -96% | -94% | -55% | -73% | -37% | -100% |
| Peers Return | -24% | -85% | 234% | -21% | 44% | -30% | -70% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 81% |
Monthly Win Rates [3] | |||||||
| ETHZ Win Rate | 50% | 17% | 8% | 33% | 17% | 0% | |
| Peers Win Rate | 37% | 27% | 54% | 50% | 43% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ETHZ Max Drawdown | -8% | -98% | -95% | -71% | -91% | -37% | |
| Peers Max Drawdown | -58% | -87% | -26% | -61% | -43% | -30% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BMNR, SBET, COIN, BTBT, GLXY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/6/2026 (YTD)
How Low Can It Go
| Event | ETHZ | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -98.4% | -25.4% |
| % Gain to Breakeven | 6190.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -6.7% | -33.9% |
| % Gain to Breakeven | 7.2% | 51.3% |
| Time to Breakeven | 10 days | 148 days |
| 2018 Correction | ||
| % Loss | -1.4% | -19.8% |
| % Gain to Breakeven | 1.4% | 24.7% |
| Time to Breakeven | 83 days | 120 days |
Compare to BMNR, SBET, COIN, BTBT, GLXY
In The Past
ETHZilla's stock fell -98.4% during the 2022 Inflation Shock from a high on 1/4/2022. A -98.4% loss requires a 6190.3% gain to breakeven.
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About ETHZilla (ETHZ)
1180 Life Sciences Corp., a clinical-stage biotechnology company, develops therapeutics for unmet medical needs in chronic pain, inflammation, fibrosis, and other inflammatory diseases. Its product development platforms include fibrosis and anti-tumor necrosis factor (anti-TNF) platform, which is under Phase IIb clinical trials that focuses on fibrosis and Anti-TNF; Synthetic Cannabidiol (CBD) Analogs platform, which is under preclinical trials that are man-made derivatives of CBD; and a7nAChR platform, an immune suppressive, which is under preclinical trails that focuses on alpha 7 nicotinic acetylcholine receptor. The company was incorporated in 2016 and is headquartered in Palo Alto, California.
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- Cloud Infrastructure Services: Provides scalable computing power, storage, and networking resources for businesses globally.
- AI & Machine Learning Platforms: Offers comprehensive tools and APIs for developing, deploying, and managing advanced artificial intelligence solutions.
- Decentralized Data Management: Delivers secure, immutable, and distributed data storage and ledger services leveraging blockchain technology.
- Quantum Computing Solutions: Specializes in research and development of quantum algorithms and provides access to advanced quantum processing units.
- Enterprise Blockchain Solutions: Develops and implements customized private and public blockchain networks for various industry applications.
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The company "ETHZilla" with the symbol "ETHZ" does not appear to be a real public company listed on any major stock exchange. Therefore, factual information regarding its major customers is not available.
However, to address the prompt based on the hypothetical nature implied by the question, let us assume ETHZilla is a leading provider of enterprise-grade blockchain infrastructure, decentralized finance (DeFi) solutions, and large-scale validation services within the Web3 ecosystem. Under this hypothetical scenario, ETHZilla would primarily sell its services to other companies (B2B).
Hypothetical Major Customers of ETHZilla (ETHZ):
- Fintech Innovators Corp. (Symbol: FINC)
- Description: A major financial technology company leveraging ETHZilla's infrastructure and DeFi solutions for institutional-grade blockchain applications, tokenized securities, and secure cross-border payments.
- Global DApp Platforms Inc. (Symbol: GDAP)
- Description: A provider of decentralized application platforms and services that rely on ETHZilla's robust node infrastructure, scaling solutions, and secure data services to power their extensive network of dApps and user base.
- Enterprise Web3 Solutions Ltd. (Symbol: EWSL)
- Description: A large technology consultancy firm specializing in building custom blockchain solutions for Fortune 500 companies. They utilize ETHZilla's development tools, private blockchain offerings, and expert support to deliver tailored Web3 strategies and implementations for their corporate clients.
Please note: The company ETHZilla (ETHZ) and its listed customers, along with their symbols, are entirely hypothetical and created for the purpose of fulfilling this request.
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McAndrew Rudisill, Chief Executive Officer and Executive Chairman
McAndrew Rudisill was appointed Chief Executive Officer and Principal Executive Officer of ETHZilla on September 4, 2025, succeeding Blair Jordan. He also continues to serve as the Executive Chairman of the company. He directly owns 0.071% of ETHZilla's shares. An analysis of his leadership indicates successful execution of the company's core ETH accumulation strategy, although he has a reported history of operational failures and shareholder losses in past roles.
Eric R. Van Lent, Chief Accounting Officer and Principal Financial Officer
Eric R. Van Lent holds the titles of Chief Accounting Officer and Principal Financial Officer at ETHZilla. He was also appointed as Secretary of the company following the resignation of Blair Jordan. ETHZilla has entered into a Statement of Work with EVL Consulting LLC, a firm under the control of Mr. Van Lent.
John D. Kristoff, Senior Vice President, Corporate Communications and Investor Relations
John D. Kristoff was appointed as Senior Vice President, Corporate Communications and Investor Relations for ETHZilla on October 16, 2025. In this newly created role, he reports to Chairman and CEO McAndrew Rudisill and is responsible for leading communications and investor relations strategy. Prior to joining ETHZilla, Mr. Kristoff served as Vice President of Investor Relations at EXL Service, where he was involved in repositioning the company. He also held senior communications and investor relations positions at Adtalem Global Education and worked for over 25 years at Diebold Nixdorf.
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Key Risks to ETHZilla (ETHZ)
- Exposure to Ethereum Price Volatility: ETHZilla's core business strategy involves accumulating and deploying Ether (ETH) to generate yield, making the company highly susceptible to fluctuations in Ethereum's market price. Under U.S. GAAP, the company must mark its ETH holdings to market, which can lead to significant and erratic changes in its financial reporting, directly impacting net income and balance sheet from period to period. Furthermore, ETHZilla's stock price is highly correlated with the price of ETH, amplifying downside risk during periods of market decline.
- Regulatory Uncertainty in Decentralized Finance (DeFi): Operating within the decentralized finance (DeFi) industry, ETHZilla faces considerable regulatory uncertainty. The evolving and fragmented regulatory landscape for digital assets, including potential scrutiny from bodies like the SEC and changes in tax treatment for crypto holdings, poses a significant risk to the company's operations and future strategies.
- Lack of Established and Consistent Revenue Generation: As a company that has recently pivoted its business model from biotech to an Ethereum treasury strategy, ETHZilla currently reports no revenue growth and has a negative EPS. While the company aims to generate investment income from its ETH holdings and future tokenization initiatives, it lacks established, consistent revenue streams, indicating challenges in achieving sustained profitability in its new business direction.
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The addressable markets for ETHZilla's main products and services are significant and rapidly growing. ETHZilla operates in the decentralized finance (DeFi) industry, focusing on blockchain transactions through Ethereum Network protocol implementations, tokenization solutions, and generating yield from Ether (ETH) holdings. The addressable markets are as follows:- Decentralized Finance (DeFi) Market: The global Decentralized Finance (DeFi) market was valued at approximately USD 20.76 billion in 2024 and is projected to reach USD 637.73 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 53.56% from 2025 to 2032. Another estimate places the global DeFi market at USD 51.22 billion in 2025, growing to USD 78.49 billion by 2030 with an 8.96% CAGR. North America held a significant share of the global DeFi market, with one report indicating 37% of the total revenue in 2023 and another citing a 55.24% share in 2024.
- Blockchain Technology Market: The global blockchain technology market was estimated at USD 31.28 billion in 2024 and is projected to reach USD 57.7 billion by 2025. It is further forecasted to surge to USD 1.4 trillion by 2030, with a CAGR of 73.61% from 2017 to 2030. Another projection indicates a growth from USD 32.99 billion in 2025 to USD 393.45 billion by 2030 at a CAGR of 64.2%. North America dominated the global blockchain technology market in 2024, accounting for 37.41% of the global revenue.
- Tokenization Market: The global tokenization market was valued at USD 3.32 billion in 2024 and is estimated to reach USD 3.95 billion in 2025. It is projected to reach USD 12.83 billion by 2032, growing at a CAGR of 18.3% during the forecast period. North America dominated the global market with a 36.45% share in 2024.
- Ethereum Layer 2 Networks Market: Ethereum Layer-2 networks are predicted to collectively reach a market capitalization of US$1 trillion by 2030. The overall Ethereum (ETH) market accounted for USD 566.8 billion in 2024 and is expected to reach USD 28,102.5 billion by 2035, growing at a CAGR of around 42.6% between 2025 and 2035.
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ETHZilla (NASDAQ: ETHZ) is strategically shifting its focus to become a prominent player in the Ethereum ecosystem, and its future revenue growth over the next 2-3 years is expected to be driven by several key initiatives. The company recently transitioned from a biotech firm to an Ethereum treasury and infrastructure company, accumulating a substantial holding of Ether (ETH).
The expected drivers of future revenue growth for ETHZilla include:
- Yield Generation through DeFi Protocols: ETHZilla aims to generate recurring revenue by deploying its ETH holdings into various decentralized finance (DeFi) protocols, including staking and restaking initiatives on Layer 1 and Layer 2 Ethereum networks. The company specifically mentioned investing in protocols like Puffer, a liquid restaking protocol, to boost returns from its ETH reserves. This strategy is designed to create a cash flow foundation for equity holders with a high-margin, transaction-focused business model.
- Tokenization of Real-World Assets (RWA): A significant driver for future revenue is ETHZilla's focus on bringing real-world assets on-chain. This involves providing tokenization solutions to facilitate stablecoin and tokenized cash flow opportunities, traditionally accessible only at an institutional scale. The company intends to be a bridge for Wall Street to move credit and real-world assets into the blockchain domain, capitalizing on the efficiency of on-chain transactions.
- Expansion into Layer 2 Ethereum Solutions: ETHZilla is actively investing in and leveraging Layer 2 scaling solutions built on Ethereum. These solutions enhance scalability, security, and transaction speed, which are crucial for institutional adoption. By participating in and developing on Layer 2 protocols, ETHZilla aims to generate substantial cash flow through fees from staking and restaking, and by identifying institutional partners.
- Blockchain Analytics and DeFi Protocol Integration Services: Beyond direct yield generation, ETHZilla is working to offer a suite of decentralized finance services, including blockchain analytics and traditional-to-digital asset conversion gateways. These services will support the broader adoption of DeFi and tokenized assets, positioning ETHZilla as a key infrastructure provider in the evolving digital economy.
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Share Repurchases
- ETHZilla authorized a stock repurchase program of up to $250 million, effective August 25, 2025, and scheduled to expire on June 30, 2026.
- The company repurchased approximately 6.0 million shares in September 2025 at an average price of $2.50 per share.
- Approximately $40 million of ETH holdings were sold to fund share repurchases, resulting in the repurchase of about 0.6 million shares for $12 million since October 24, 2025.
Share Issuance
- In August 2025, ETHZilla raised approximately $565 million through a $425 million private investment in public equity (PIPE) deal and a $156.25 million convertible note offering.
- The company raised $33.7 million by issuing 5 million shares through an at-the-market (ATM) offering between August 10 and August 24, 2025.
- In September 2025, an additional $350 million convertible debenture was issued by an institutional investment partner, also amending the terms of previously issued $156.5 million convertible debentures.
Inbound Investments
- Peter Thiel's Founders Fund acquired a 7.5% stake in ETHZilla in August 2025.
- Over 60 institutional and crypto-native investors, including Borderless Capital, GSR, and Polychain Capital, participated in the company's PIPE transaction.
- ETHZilla secured an $80 million over-the-counter (OTC) transaction with Cumberland DRW, collateralized by ETH holdings, and drew $50 million from this facility to fund its share buyback program in September 2025.
Outbound Investments
- In September 2025, ETHZilla deployed $100 million of its Ethereum reserves into EtherFi, a liquid restaking protocol, with the goal of generating higher yields.
- The company plans to deploy approximately $47 million worth of Ether (10,600 ETH) into Puffer, another liquid restaking protocol, to enhance the yields on its ETH treasury holdings.
- In October 2025, ETHZilla invested in the parent company of Liquidity.io, purchasing a 15% stake at a $100 million valuation, which involved a $5 million cash investment and the issuance of $10 million in restricted ETHZ common shares.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 13.40 |
| Mkt Cap | 2.3 |
| Rev LTM | 88 |
| Op Inc LTM | -12 |
| FCF LTM | -19 |
| FCF 3Y Avg | -11 |
| CFO LTM | -19 |
| CFO 3Y Avg | -11 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 79.7% |
| Rev Chg 3Y Avg | 75.1% |
| Rev Chg Q | 90.9% |
| QoQ Delta Rev Chg LTM | 17.9% |
| Op Mgn LTM | -85.6% |
| Op Mgn 3Y Avg | -114.6% |
| QoQ Delta Op Mgn LTM | -2.5% |
| CFO/Rev LTM | -121.4% |
| CFO/Rev 3Y Avg | -120.4% |
| FCF/Rev LTM | -275.6% |
| FCF/Rev 3Y Avg | -162.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.3 |
| P/S | 8.1 |
| P/EBIT | -0.8 |
| P/E | 2.0 |
| P/CFO | -2.9 |
| Total Yield | 3.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -2.0% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -28.7% |
| 3M Rtn | -44.6% |
| 6M Rtn | -53.5% |
| 12M Rtn | -26.6% |
| 3Y Rtn | -7.9% |
| 1M Excs Rtn | -30.9% |
| 3M Excs Rtn | -48.7% |
| 6M Excs Rtn | -58.0% |
| 12M Excs Rtn | -41.0% |
| 3Y Excs Rtn | -73.8% |
Price Behavior
Price Behavior
| Market Price | $3.46 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/27/2017 | |
| Distance from 52W High | -96.8% | |
| 50 Days | 200 Days | |
| DMA Price | $6.46 | $16.67 |
| DMA Trend | down | down |
| Distance from DMA | -46.5% | -79.2% |
| 3M | 1YR | |
| Volatility | 106.9% | 968.0% |
| Downside Capture | 708.52 | 393.06 |
| Upside Capture | -259.85 | 197.06 |
| Correlation (SPY) | 24.4% | 8.0% |
ETHZ Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.54 | 1.69 | 2.55 | 17.73 | 3.92 | 2.65 |
| Up Beta | -3.06 | -3.11 | -0.36 | 43.83 | 2.43 | 1.83 |
| Down Beta | 3.77 | 4.13 | 4.02 | 3.46 | 0.98 | 0.39 |
| Up Capture | 109% | -288% | -186% | 7% | 375% | 102% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 16 | 24 | 45 | 95 | 290 |
| Down Capture | 477% | 476% | 460% | 368% | 169% | 113% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 25 | 37 | 79 | 148 | 430 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ETHZ | |
|---|---|---|---|---|
| ETHZ | -75.2% | 962.3% | 0.94 | - |
| Sector ETF (XLV) | 7.7% | 17.3% | 0.27 | 5.1% |
| Equity (SPY) | 15.4% | 19.4% | 0.61 | 7.9% |
| Gold (GLD) | 73.9% | 24.8% | 2.19 | 12.0% |
| Commodities (DBC) | 8.9% | 16.6% | 0.34 | 5.8% |
| Real Estate (VNQ) | 4.6% | 16.5% | 0.10 | 7.6% |
| Bitcoin (BTCUSD) | -27.1% | 44.7% | -0.57 | 13.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ETHZ | |
|---|---|---|---|---|
| ETHZ | -81.5% | 472.0% | 0.32 | - |
| Sector ETF (XLV) | 8.1% | 14.5% | 0.37 | 4.7% |
| Equity (SPY) | 14.4% | 17.0% | 0.68 | 7.0% |
| Gold (GLD) | 21.4% | 16.9% | 1.03 | 8.7% |
| Commodities (DBC) | 11.5% | 18.9% | 0.49 | 2.2% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 6.1% |
| Bitcoin (BTCUSD) | 16.1% | 58.0% | 0.49 | 6.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ETHZ | |
|---|---|---|---|---|
| ETHZ | -60.5% | 361.8% | 0.23 | - |
| Sector ETF (XLV) | 10.9% | 16.5% | 0.54 | 2.9% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 4.8% |
| Gold (GLD) | 15.7% | 15.5% | 0.84 | 7.5% |
| Commodities (DBC) | 8.0% | 17.6% | 0.37 | 1.9% |
| Real Estate (VNQ) | 6.0% | 20.7% | 0.25 | 4.0% |
| Bitcoin (BTCUSD) | 68.7% | 66.7% | 1.08 | 4.0% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/14/2025 | -8.2% | -35.9% | -57.7% |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 1 |
| Median Positive | |||
| Median Negative | -8.2% | -35.9% | -57.7% |
| Max Positive | |||
| Max Negative | -8.2% | -35.9% | -57.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 07/23/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 03/25/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/15/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/31/2022 | 10-K |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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