iShares Ethereum Trust ETF drawdown: 47.6% below the all-time high
IShares Ethereum Trust ETF is 47.6% below its all-time high, set Aug 22, 2025 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −47.6%
- 52.4% of ATH
- All-time high
- $36.59
- Aug 22, 2025
- Time below the high
- 13 mo
- since Aug 22, 2025
- Worst-ever drawdown
- −67.9%
- Jun 25, 2026
- Longest underwater
- 13 mo
- between all-time highs
- Today's level first reached
- Jul 23, 2024
- 2.1 yrs ago
- Last time this deep
- May 8, 2025
- in a previous episode
% of all-time high since 2024#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Aug 22, 2025 | Jun 25, 2026 | −67.9% | 10 mo | not yet | 13 mo+ |
| Dec 6, 2024 | Apr 8, 2025 | −64.0% | 4 mo | Aug 8, 2025 | 8 mo |
| Jul 23, 2024 | Sep 6, 2024 | −35.9% | 45 days | Nov 25, 2024 | 4 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2024: how far iShares Ethereum Trust ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is iShares Ethereum Trust ETF from its all-time high?
- iShares Ethereum Trust ETF is currently 47.6% below its all-time high, set Aug 22, 2025 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest iShares Ethereum Trust ETF drawdown ever?
- The deepest decline on record in our data (since 2024) took iShares Ethereum Trust ETF 67.9% below its prior high, bottoming Jun 25, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from ETHA; no free deep history exists for iShares Ethereum Trust ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.