Bitwise Ethereum ETF is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds43 adding, 43 cuttingOf 3 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Bitwise Ethereum ETF's latest figures clears our strength thresholds.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 62% and a beta of 2.4 against the S&P 500.
Price chart
- 1 day+0.5%
- 1 week-3.0%
- 1 month-15.9%
- This year-24.5%
- 1 year-42.3%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
News & updates
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for ETHW from the sources we follow. See filings →
No model value for Bitwise Ethereum ETF at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Bitwise Ethereum ETF as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 11%: the 10-year Treasury yield (4.9%) plus a beta of 1.34 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Bitwise Ethereum ETF with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for Bitwise Ethereum ETF: too few analysts cover it.
Positioning
- Short interest
- — of tradable shares
- Days to cover
- — at average volume
- Short interest, 1 month
- —
- Held by institutions
- — of shares
- Held by insiders
- — of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2025 | 2026 to date |
|---|---|---|
| Return | ||
| ETHW | −11% | −25% |
| Industry peers (median) | −4% | −6% |
| S&P 500 | +18% | +11% |
| Months that ended higher | ||
| ETHW | 25% | 55% |
| S&P 500 | 75% | 46% |
| Largest fall from a high during the year | ||
| ETHW | −60% | −54% |
| S&P 500 | −19% | −9% |
Worst fall since July 23, 2024: 68% from August 22, 2025 to June 25, 2026. Getting back needed a 211% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $11.14 – $25.68
- From 52-week high
- −37.5%
- vs 50-day average
- −10.3%
- vs 200-day average
- +2.7%
- Volatility (1 year)
- 62%
- Beta vs S&P 500
- 2.39
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $39.7M
- Institutions reporting
- 90
- Shares held vs prior quarter
- ▲ 9.9%
- Positions opened / closed
- 12 / 16
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Wells Fargo & Company | $5M | 445K | 12.7% | ▲ 73.2% |
| Clear Creek Financial Management, LLC | $3.8M | 337K | 9.6% | ▲ 39.2% |
| Virtu Financial LLC | $2.9M | 254K | 7.2% | New |
| Beam Wealth Advisors, Inc. | $2.4M | 211K | 6.0% | ▼ 2.7% |
| Betterment LLC | $1.6M | 141K | 4.0% | ▲ 4.6% |
| Snowden Capital Advisors LLC | $1.6M | 138K | 3.9% | ▲ 1.2% |
| Focus Partners Wealth | $1.5M | 132K | 3.7% | ▼ 9.4% |
| Wiser Wealth Management, Inc | $1.3M | 113K | 3.2% | ▲ 4.2% |
| Ieq Capital, LLC | $920,236 | 82K | 2.3% | ▼ 21.8% |
| Lido Advisors, LLC | $810,976 | 72K | 2.0% | ▲ 0.8% |
| Sanctuary Advisors, LLC | $809,069 | 72K | 2.0% | ▲ 114.2% |
| Soltis Investment Advisors LLC | $806,808 | 72K | 2.0% | ▼ 6.7% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bitwise Ethereum ETF's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Recent SEC filings
- 10-Q Quarterly report
- 10-Q Quarterly report
- 10-K Annual report
- 10-Q Quarterly report
- 10-Q Quarterly report
- 10-Q Quarterly report
- 10-K Annual report
- 10-Q Quarterly report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Bitwise Ethereum ETF in brief
- What does Bitwise Ethereum ETF do?
- Bitwise Ethereum ETF is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Bitwise Ethereum ETF's stock ticker?
- Bitwise Ethereum ETF trades under the ticker ETHW on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Bitwise Ethereum ETF's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Wells Fargo & Company, Clear Creek Financial Management, LLC and Virtu Financial LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
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