Key stats
About Bitwise Ethereum ETF
Home page
Inception date
Jul 22, 2024
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Bitwise Investment Advisers LLC
Bitwise Ethereum ETF (ETHW) is an Ethereum fund that invests directly in Ether, the world's second-largest cryptocurrency. ETHW offers investors low-cost exposure to Ether's price through a professionally managed fund, mitigating the costs, complexities, and custody issues associated with direct Ether ownership. Launched on July 22, 2024, ETHW's holdings are valued daily based on the CME CF Ether Reference Rate — New York Variant. This pricing benchmark, calculated by CF Benchmarks Ltd., aggregates executed trade flows from major Ether trading platforms. 10% of ETHW profits are donated to Protocol Guild and PBS Foundation to support Ethereum open-source development.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
100.00%
Top 10 weight100.00%
1 total holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ETHW assets under management is 250.40 M USD. It's risen 15.66% over the last month.
ETHW fund flows account for 327.25 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ETHW doesn't pay dividends to its holders.
ETHW shares are issued by Bitwise Asset Management, Inc. under the brand Bitwise. The ETF was launched on Jul 22, 2024, and its management style is Passive.
ETHW expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
ETHW follows the ETH/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHW invests in cash.
ETHW price has risen by 18.23% over the last month, and its yearly performance shows a −19.75% decrease. See more dynamics on ETHW price chart.
NAV returns, another gauge of an ETF dynamics, showed a 47.79% increase in three-month performance and has decreased by −17.17% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 47.79% increase in three-month performance and has decreased by −17.17% in a year.
ETHW trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.