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Bitwise Ethereum ETF (ETHW)

Digital Assets | Exchange Traded Fund | NYSEArca
12.69 USD -0.13 (-1.014%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 12.62 -0.07 (-0.069%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:21 a.m. EDT

The Bitwise Ethereum ETF is currently trapped in a defensive posture with no income to speak of. The lack of any dividend history confirms this is a pure-play equity vehicle, leaving investors entirely exposed to price volatility without a floor. Fundamentally, the asset has suffered a 13% decline over its first full year of trading, marking it as a clear underperformer in the current cycle. Technically, the price is struggling to find support, trading well below both its 50-day and 200-day moving averages, which suggests persistent selling pressure. While the options chain shows some speculative call buying at distant strikes, the overwhelming majority of open interest sits in the put side, signaling that smart money is betting on further downside or waiting for a catalyst before adding exposure. Until the price can reclaim its key moving averages and the multi-year downtrend shows signs of reversal, this remains a weak hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.181457
AutoETS0.181460
AutoARIMA0.181671
MSTL0.186083

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 82.41
Ljung-Box p 0.000
Jarque-Bera p 0.101
Excess Kurtosis -1.56

As of July 11, 2026, 3:21 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the near term where out-of-the-money puts show significant open interest concentration. While there is some call activity at strikes significantly above the current price (implied volatility spikes suggest a fear of a gap-up or a speculative bet on a rally), the dominant flow is hedging against downside risk. The implied volatility skew is steep, indicating the market prices in a high probability of continued weakness or stagnation rather than a breakout.


Info Dump

Attribute Value
All Time High 34.84
All Time Low 10.42
Ask 0.0
Ask Size 11,200
Average Daily Volume10 Day 795,020
Average Daily Volume3 Month 817,967
Average Volume 817,967
Average Volume10Days 795,020
Beta3 Year 0.0
Bid 0.0
Bid Size 12,600
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 12.7601
Day Low 12.52
Dividend Yield 0.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.8146
Fifty Day Average Change -1.1246004
Fifty Day Average Change Percent -0.08140666
Fifty Two Week Change Percent -40.482826
Fifty Two Week High 34.84
Fifty Two Week High Change -22.150002
Fifty Two Week High Change Percent -0.6357635
Fifty Two Week Low 10.93
Fifty Two Week Low Change 1.7599993
Fifty Two Week Low Change Percent 0.16102463
Fifty Two Week Range 10.93 - 34.84
First Trade Date Milliseconds 1,721,741,400,000
Full Exchange Name NYSEArca
Fund Family Bitwise Investments
Fund Inception Date 1,721,606,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary In seeking to achieve its investment objective, the trust will hold ether and accrue the sponsor’s management fee (the “Sponsor Fee”) in U.S. dollars. The trust is passively managed and does not pursue active management investment strategies, and the sponsor does not actively manage the ether held by the trust.
Long Name Bitwise Ethereum ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1876094275
Nav Price 12.799
Net Assets 168,250,480.0
Net Expense Ratio 0.0
Open 12.63
Post Market Change -0.06869984
Post Market Change Percent -0.5413699
Post Market Price 12.6213
Post Market Time 1,783,987,175
Previous Close 12.82
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.13
Regular Market Change Percent -1.01404
Regular Market Day High 12.7601
Regular Market Day Low 12.52
Regular Market Day Range 12.52 - 12.7601
Regular Market Open 12.63
Regular Market Previous Close 12.82
Regular Market Price 12.69
Regular Market Time 1,783,972,800
Regular Market Volume 606,248
Short Name Bitwise Ethereum ETF
Source Interval 15
Symbol ETHW
Total Assets 168,250,480
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -24.86508
Trailing Three Month Returns -24.86508
Triggerable 1
Two Hundred Day Average 19.0399
Two Hundred Day Average Change -6.3499002
Two Hundred Day Average Change Percent -0.33350492
Type Disp ETF
Volume 606,248
Yield 0.0
Ytd Return -46.87927