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The Screen · Financials

iShares Staked Ethereum Trust ETF

ETHB · NASDAQ · USD

The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities.

FAIL · Does not pass the screen

30.78 USD

Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 5 days ago

Screened 2026-10-23 · the tape above runs as of 20:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed

Key facts today

Price30.78 USD at the 23 Oct 2026 close
Ethical screenDoes not pass
OptionsOpen interest leans to puts (put/call 1.20)
Last reviewed23 Oct 2026 (5 days ago)

A summary of the dated readings below, not a live quote and not advice.

PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y

What this means: price 30.78 against the desk's fair-value range, over the last year.

Current read

Markdown ?

Screened · screened 2026-10-23

Trend Markdown
Insiders no filings inside 60 days, left as found
Positioning no disclosures inside 60 days, left as found
Options put/call open interest 1.20, read 2026-10-24
Ethical does not pass the values gate

Price30.78 USD

Ethical score30.0/100

Our investment reviews on this name

2026-10-28Read Markdown32.22-4.5% to today ✓Markup gives way to Markdown with volume flow in agreement

2026-10-21Read Markup32.22-4.5% to today Distribution gives way to Markup first Markup read since October

2026-10-14Read Distribution31.84-3.3% to today ✓Markup gives way to Distribution after a 47% rise in 7 weeks

2026-08-29Read Markup21.63+42.3% to today ✓Distribution gives way to Markup with volume flow in agreement

Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.

Daily reads →Latest news →The method →Compare →

The full research record, in depth, below

The Label · The Season, Not the Day

This name holds its markdown label.

iShares Staked Ethereum Trust ETF holds its Markdown at $30.78. The statistical read favours the sellers, held for 43 days.

As held on the ledger · 2026-10-23
Phase	Markdown · caution
Quantitative state	The statistical read favours the sellers, held for 43 days
Price at the screen	$30.78
Valuation	N/A trailing · N/A forward price to earnings
Values screen	FAIL · score 30.0

The Workings

Five Screens, Shown in Full

Does not pass. Financial sector: Financial

Test	Figure	Limit	What it means	Status
Business activity	Excluded	Core business clean	Financial sector: Financial	Fail
Debt load	Excluded	Below 33%	Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.	Fail
Interest-bearing cash	Excluded	Below 33%	Interest-bearing cash and securities are of assets, above the one-third limit.	Fail
Receivables	Excluded	Below 49%	Money owed to the company is of assets, above the 49% limit.	Fail
Revenue purity	Excluded	Below 5%	of revenue comes from non-compliant sources, over the 5% line.	Fail

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

The Ethical Read

Why It Falls Short, in Plain English

iShares Staked Ethereum Trust ETF does not clear the screen at the business-activity stage. It operates in conventional financial services, which the screen treats as interest-based, so the financial ratios are not the deciding factor here.

Read as at 2026-10-27. It updates when the underlying figures move, and past reads are kept below.

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Where & How to Trade

ETHB trades on NASDAQ. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

How This Name Scores

Hover or tap a segment

Select a segment to see its figure and the plain-English reason.

StrongFormingWeakQuietNot applicableNo data

Pale means near the threshold. Deep means far from it.

The values screen1 strong, 1 weak, 4 no data

The business4 no data

The market2 weak, 1 quiet, 1 not applicable

Values screen as of 23 Oct 2026 · Business figures as of 22 Sep 2026 · Market as of 27 Oct 2026

Each segment is one read of this name, drawn as found. Quiet (pale blue) means we looked and nothing was filed in 60 days: a real reading, scored neutral. Flat grey means the read does not apply to this name. Hatched grey means data we have not collected yet, never a guess.

Options Positioning

As of 24 Oct 2026 · 20 Nov expiry (27 days)

Spot30.78

Max pain32

Implied range to 20 Nov: 25.38 to 36.18

Put/call (OI)1.20Leaning puts

Implied vol (ATM)64.5%to 20 Nov

What it meansOptions price a move of about 18% either way by 20 Nov.

Positioning from listed options, as of 24 Oct. Context, not a signal. Not advice.

The Scores, As Computed

30.0Ethical score
all five screens, weighted
40.0Quality score
margins, returns, moat
33.0Valuation score
price against the range
18.2Combined
screen of 2026-10-23

The Trader Read

The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Entered 2026-10-28 · Markdown

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-10-28 Markdown · changed $32.22 +0.0% Entry 6

2026-10-21 Markup · changed $32.22 +1.2% Entry 5

The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 1.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold.

2026-10-14 Distribution · changed $31.84 -10.5% Entry 4

The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 10.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold.

2026-10-02 Markup $35.57 +64.4% Entry 3

Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 64.4% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading oversold.

2026-08-29 Markup · changed $21.63 +0.0% Entry 2

The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold.

2026-07-30 Distribution $21.63 Entry 1

Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading oversold.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What Holding Actually Paid · Price Plus Dividends

If $1,000 had been placed · historical, not a promise
Period	Price then	Price return	Divs per share	$1,000 became	Total return
1 month	$30.08	-30.6%	$0.02	$695	-30.5%
2 months	$29.00	-28.0%	$0.02	$721	-27.9%
3 months	$26.65	-21.7%	$0.02	$784	-21.6%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever ETHB does next, these words stay.

iShares Staked Ethereum Trust ETF · ETHB · Markdown · $30.78
Recorded 2026-10-23 · before the outcome · scored mechanically

All of today's entries → See the running score →

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Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.