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
ISIN
US0919551046
ETHW aims to track the spot price of Ether (ETH), less liabilities and expenses. It intends to provide investors with a cost-effective and convenient way to invest in Ethereum. The fund owns Ether directly and holds it in a multi-layer cold storage, which is a safeguarding method wherein the private keys providing access to the funds Ether are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CME CF Ether Reference Rate - New York Variant. This serves as a once-a-day benchmark rate of Ethers USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Ethereum platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
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
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
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.