Bitwise Ethereum ETF
Issued by Bitwise. Traded since 23 Jul 2024 on NYSE. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.
Holds Ethereum research file →
Price
Against the asset it holds
Total return of the fund, distributions included, beside the change in the asset over exactly the same dates. The difference is what holding the wrapper cost or gained against holding the asset. Over a full year it should sit close to minus the expense ratio; anything further away has another cause.
| Window | From | ETHW | ETH | Difference |
|---|---|---|---|---|
| 1 month | 08 Sep 2026 | -0.85% | -0.49% | -0.36 pp |
| 3 months | 09 Jul 2026 | +40.61% | +41.81% | -1.20 pp |
| 6 months | 09 Apr 2026 | +10.91% | +12.91% | -2.00 pp |
| Year to date | 31 Dec 2025 | -17.30% | -16.65% | -0.65 pp |
| 1 year | 08 Oct 2025 | -45.64% | -45.38% | -0.26 pp |
| Since first trade | 23 Jul 2024 | -29.22% | -29.00% | -0.22 pp |
Both lines start at 100 where the chosen range begins. A gap that opens between them is the cost, or gain, of holding the asset through the fund.
Trading
Fund facts
The issuer’s own page for this product, with its prospectus: ethwetf.com ↗
Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.
| Product | Issuer | Fee | Assets | 1 year | Against ETH |
|---|---|---|---|---|---|
| ETHAiShares Ethereum Trust ETF | iShares | 0.25% | -45.66% | -0.29 pp | |
| ETHGrayscale Ethereum Mini Trust ETF | Grayscale | 0.15% | -44.62% | +0.76 pp | |
| ETHEGrayscale Ethereum Staking ETF | Grayscale | 2.50% | -45.98% | -0.60 pp | |
| FETHFidelity Ethereum Fund | Fidelity | 0.25% | -45.63% | -0.25 pp | |
| ETHBiShares Staked Ethereum Trust ETF | iShares | 0.25% | — | — | |
| ETHWBitwise Ethereum ETF | Bitwise | 0.20% | -45.64% | -0.26 pp | |
| ETHVVanEck Ethereum ETF | VanEck | 0.20% | -45.61% | -0.24 pp | |
| EZETFranklin Ethereum ETF | Franklin Templeton | 0.19% | -45.55% | -0.17 pp | |
| MSSEMorgan Stanley Ethereum Trust | Eaton Vance | 0.14% | — | — | |
| TETH21Shares Ethereum ETF | 21Shares | 0.21% | -45.28% | +0.10 pp | |
| QETHInvesco Galaxy Ethereum ETF | Invesco | 0.25% | -45.65% | -0.27 pp |
A blank in the one-year columns means the product has traded for less than a year; it is not a zero.
In the issuer’s words
The ETHW Fund's primary objective is to primarily invest directly in ether (ETH), allowing investors to gain exposure to the digital asset's price movements through a familiar Exchange Traded Product (ETP). Presented as a conventional ETP, the fund prioritizes cost-efficiency, aiming to keep administrative expenses low. To ensure security, the Fund's ether holdings are entrusted to one of the world's premier digital asset custodians.
The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.
What these figures cannot tell you
We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.
Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.
A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.
A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.