BlackRock Ethereum ETF • 25%

Fidelity Ethereum ETF • 25%

VanEck Ethereum ETF • 25%

Other • 25%

BlackRock ETF • 25%

Fidelity ETF • 25%

VanEck ETF • 25%

Other • 25%

21Shares • 25%

Grayscale • 25%

VanEck • 25%

Other • 25%

Remains the largest • 25%

Second largest • 25%

Third largest • 25%

Falls below third largest • 25%

Predominantly institutional investors • 33%

Predominantly retail investors • 33%

Balanced adoption by both investor types • 34%

Remains the largest • 50%

Falls to second place or below • 50%

Top performer • 33%

Average performer • 34%

Below average performer • 33%

Yes • 50%

No • 50%

Significant increase • 33%

Moderate increase • 33%

No significant change • 34%

Yes • 50%

No • 50%

Below $1B • 25%

$1B - $2B • 25%

$2B - $3B • 25%

Above $3B • 25%

Yes • 50%

No • 50%