21Shares Core Ethereum ETF (CETH) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 207.29% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
1.6M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

CETH currently has 1.62M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 207.29% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 1.6M shares outstanding

1.6M 0
Nov 14, 2025

10-Q filing | 1.8M shares outstanding

1.8M 0
Aug 13, 2025

10-Q filing | 2.0M shares outstanding

2M 0
May 13, 2025

10-Q filing | 1.8M shares outstanding

1.8M 0
Mar 26, 2025

10-K filing | 0.9M shares outstanding

850K 0
Nov 12, 2024

10-Q filing | 1.4M shares outstanding

1.4M 0
Aug 28, 2024

10-Q filing | 0.8M shares outstanding

760K 0
Jul 17, 2024

S-1/A filing: The filing is for a continuous offering of the Trust's Shares, registered with the SEC, and is expected to continue for three years from the original offering date.

N/A 0
Jul 08, 2024

S-1/A filing: The filing registers an indeterminate amount of the Trust's Shares as a continuous offering, expected to last three years unless extended.

N/A 0
Jun 21, 2024

S-1/A filing: This is an S-1/A filing for the offering of an indeterminate amount of the Trust's Shares as a continuous offering, expected to continue for three years from the original offering date.

N/A 0
May 31, 2024

S-1/A filing: This is an S-1/A filing for a continuous offering of common stock shares by a trust, registered under the Securities Act of 1933, and is expected to continue for three years unless extended.

N/A 0
May 10, 2024

S-1/A filing: This is an S-1/A filing for a continuous offering of the Trust's Shares, registered with the SEC, and is expected to continue for three years from the original offering date.

N/A 0
Feb 07, 2024

S-1/A filing: This S-1/A filing registers an indeterminate amount of the Trust's Shares for a continuous offering expected to terminate three years from the original offering date, unless extended.

N/A 0
Sep 06, 2023

S-1 filing: This is an S-1 filing for common shares of a Delaware statutory trust.

N/A 0
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