ETHV VanEck Ethereum ETF

The calculation agent for the MarketVectorTM Ethereum Benchmark Rate is MarketVector Indexes GmbH. … Each reference to the “CCData Centralized Exchange Benchmark review report” is replaced with the “BITA Exchange Ranking report”. … The following supersedes and replaces the disclosure under the caption “PROSPECTUS SUMMARY - The MarketVectorTM Ethereum Benchmark Rate” on page 4 of the Prospectus.

The purpose of this Supplement is to disclose a change in the platform composition of the Index. … Effective November 30, 2025, MarketVector Indexes GmbH, the index sponsor and index administrator for the MarketVectorTM Ethereum Benchmark Rate (the “Index”), replaced Bitstamp and Bullish with Crypto.com and OKX, respectively, as constituent trading platforms used to calculate the Index. The current platform composition of the Index is Coinbase, Crypto.com, Gemini, Kraken and OKX.

The purpose of this Supplement is to update the Prospectus to disclose that the Trust will allow for an in-kind creation and redemption process as an alternative to the Trust’s current cash creation and redemption process. Except as otherwise set forth below, the information set forth in the Prospectus remains unchanged. … The Trust is an exchange-traded fund. The Trust intends to issue Shares on a continuous basis and is registering an indeterminate number of Shares with the Securities and Exchange Commission (the “SEC”) in accordance with Rule 456(d) and 457(u). When the Trust sells or redeems its Shares, it will do so in blocks of 25,000 Shares (a “Basket”) that are based on the amount of ETH represented by the Basket being created, the amount of ETH being equal to the combined net asset value of the number of Shares included in the Basket (net of accrued but unpaid remuneration due t…

The Trust will pay the Sponsor the Sponsor Fee, which is a unified fee of 0.20%. The Sponsor Fee is paid by the Trust to the Sponsor as compensation for services performed under the Trust Agreement. The Administrator will make its determination regarding the Sponsor Fee in respect of each day by reference to the Trust’s NAV as of that day. The Sponsor Fee will accrue in U.S. dollars and be payable monthly in arrears in ETH on, or by, the tenth business day of the next month in respect of the prior month. Each month, the Administrator will calculate the Sponsor Fee for each day of the month, resulting in a cumulative total in U.S. dollars, which the Administrator will then calculate the ETH equivalent of by reference to the Index as of the date of calculation, and the Sponsor shall then withdraw the corresponding amount of ETH from the Trust’s ETH Account in payment of the Sponsor Fee. Th…

As of June 10, 2025, VanEck is a minority equity holder in Metatech Holdings, the parent company of Nonco LLC and holds approximately 6% of its equity. Nonco LLC is a Liquidity Provider to the Trust, and the Trust conducts its ETH purchase and sale transactions by trading directly with Liquidity Providers, including Nonco LLC. … The following disclosure is added to immediately precede the “Conflicts of Interest-Resolution of Conflicts Procedures” on page 114 of the Prospectus.

The purpose of this Supplement is to include the Trust’s Annual Report on Form 10-K for the year ended December 31, 2024. … On March 26, 2025, the Trust filed its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Report”) with the Securities and Exchange Commission. The Report (without exhibits) is attached to this Supplement.

The purpose of this Supplement is to disclose a change in the platform composition of the Index. … Effective December 2, 2024, MarketVector Indexes GmbH, the index sponsor and index administrator for the MarketVectorTM Ethereum Benchmark Rate (the "Index"), replaced Bitfinex and LMAX with Bullish and Gemini, respectively, as constituent trading platforms used to calculate the Index. The current platform composition of the Index is Bitstamp, Bullish, Coinbase, Gemini, and Kraken.