(ETHW) Bitwise Ethereum - NYSE
ETF Category: Digital Assets | Exchange: NYSE (USA) | Market Cap: 181m USD | Total Return: -31.7% in 12m
Avg Turnover: 9.85M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Bitwise Ethereum ETF (ETHW) is a passively managed digital asset fund designed to provide exposure to the market price of ether. The trust holds physical ether and settles its management fees in U.S. dollars, eliminating the need for investors to manage private cryptographic keys or interface directly with digital asset exchanges. As a spot cryptocurrency ETF, the fund’s value is derived directly from the underlying asset rather than futures contracts.
The digital asset sector operates on blockchain technology, where ether serves as the native utility token for the Ethereum network, the primary platform for decentralized applications and smart contracts. Unlike traditional equities, these assets do not produce cash flows, and their market valuation is driven by network utility and institutional adoption. Investors may find it useful to review the underlying risk metrics on ValueRay to better understand this asset class.
- Ethereum spot price volatility directly correlates with fund net asset value
- Institutional adoption of decentralized finance protocols drives underlying asset demand
- Management fee competition among spot Ethereum ETF issuers impacts net inflows
- Federal Reserve monetary policy shifts influence investor appetite for digital assets
As of June 19, 2026, the stock is trading at USD 12.21 with a total of 579,361 shares traded.
Over the past week, the price has changed by +6.26%,
over one month by -18.33%,
over three months by -25.45% and
over the past year by -31.70%.
Bitwise Ethereum has no consensus analysts rating.