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Bitwise Trendwise Ethereum & Treasuries Rotation Strategy ETF (AETH)

Digital Assets | Exchange Traded Fund | NYSEArca
37.80 USD -1.09 (-2.797%) ⇩ (Aug. 28, 2026, 1:16 p.m. EDT)
After hours: 37.80

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 3:46 a.m. EDT

The Bitwise Trendwise Ethereum & Treasuries ETF is currently exhibiting classic 'bull trap' characteristics. While the fund posted a spectacular +76% gain last year, the price action over the last two weeks shows a distinct failure to sustain momentum, closing near the 52-week low after a sharp intraday spike. This weakness is confirmed by the options market, where traders are aggressively buying protection far below current prices while call activity remains tepid. The recent surge appears to be a liquidity event rather than a trend reversal, especially given the weak statistical forecast signal. Investors should treat this as a high-risk speculative vehicle rather than a stable income generator, noting that the recent dividend distribution was unusually large compared to historical norms, which may signal a shift in strategy or capital structure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.053659
AutoTheta0.055000
AutoETS0.055001
AutoARIMA0.055001

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 22.59
Ljung-Box p 0.000
Jarque-Bera p 0.195
Excess Kurtosis -1.30

As of Aug. 22, 2026, 3:46 a.m. EDT: Speculators are positioning defensively with heavy open interest in deep out-of-the-money puts (strike 45.0), suggesting a fear of a significant drop despite the recent rally. Conversely, call volume is concentrated in the money (strike 40.0), indicating some buyers are willing to pay for upside participation, though overall call volume remains thin compared to put positioning.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.40% 2.40%
Dividend History
Date Dividend Yield %
2025-12-26 0.870 2.404311
2024-12-26 5.458 14.716746
2023-12-22 2.144 6.596720
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.86

Info Dump

Attribute Value
All Time High 59.479
All Time Low 22.715
Ask 56.71
Ask Size 300
Average Daily Volume10 Day 1,010
Average Daily Volume3 Month 624
Average Volume 624
Average Volume10Days 1,010
Beta3 Year 0.0
Bid 18.91
Bid Size 200
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 37.925
Day Low 37.802
Dividend Yield 2.86
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.23116
Fifty Day Average Change 6.570839
Fifty Day Average Change Percent 0.2103937
Fifty Two Week Change Percent -25.390888
Fifty Two Week High 53.73
Fifty Two Week High Change -15.928001
Fifty Two Week High Change Percent -0.29644522
Fifty Two Week Low 28.27
Fifty Two Week Low Change 9.531998
Fifty Two Week Low Change Percent 0.33717713
Fifty Two Week Range 28.27 - 53.73
First Trade Date Milliseconds 1,696,253,400,000
Full Exchange Name NYSEArca
Fullday Change -1.0879
Fullday Change Percent -2.79739
Fullday Price 37.802
Fund Family Bitwise Investments
Fund Inception Date 1,695,945,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund advisor seeks to achieve the fund's investment objective through managed exposure to ether futures contracts and investments in U.S. Treasury securities. Under normal market conditions, the fund advisor will invest at least 80% of its assets in Ether Futures Contracts and U.S. Treasury securities. The fund is non-diversified.
Long Name Bitwise Trendwise Ethereum & Treasuries Rotation Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1855253794
Nav Price 38.4
Net Assets 4,558,056.0
Net Expense Ratio 0.89
Open 37.47
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 37.802
Post Market Time 1,787,952,013
Previous Close 38.8899
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.0879
Regular Market Change Percent -2.79739
Regular Market Day High 37.925
Regular Market Day Low 37.802
Regular Market Day Range 37.802 - 37.925
Regular Market Open 37.47
Regular Market Previous Close 38.8899
Regular Market Price 37.802
Regular Market Time 1,787,937,400
Regular Market Volume 498
Short Name Bitwise Trendwise Ether and Tre
Source Interval 15
Symbol AETH
Total Assets 4,558,056
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -11.4498
Trailing Three Month Returns -11.4498
Triggerable 1
Two Hundred Day Average 34.630554
Two Hundred Day Average Change 3.171444
Two Hundred Day Average Change Percent 0.091579355
Type Disp ETF
Volume 498
Yield 0.0286
Ytd Return -16.06309