Bitwise Ethereum ETF product
Overview
ETHW is the Bitwise Ethereum ETF, a US spot ether exchange-traded product issued by Bitwise Asset Management. The trust commenced operations on 22 July 2024 and began trading on NYSE Arca on 23 July 2024, in the first wave of US spot ether ETFs approved after the SEC cleared 19b-4 filings in May 2024. It holds ether directly rather than futures, so the share price tracks the spot price of ETH less fees. Its total expense ratio is 0.20%, and at launch Bitwise waived the fee entirely for the first six months on the first $500 million of assets — an aggressive fee-war posture common across the 2024 crypto ETF cohort. Reported assets have been in the low hundreds of millions of dollars, with figures around $213 million and $242.6 million cited by data providers. Note the ticker collision: ETHW is also the ticker of EthereumPoW, the proof-of-work Ethereum fork token, which is a completely unrelated asset. Launched 22-23 July 2024 as part of the first US spot Ethereum ETF cohort, with a 0.20% expense ratio and an introductory fee waiver on the first $500m for six months.
Within the DeFi Intel graph, Bitwise Ethereum ETF connects to 11 tracked entities, most strongly to Ether (ETH), Ether (ETH), Bitwise Asset Management.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 11 total).
| Relation | Connected entity | Confidence |
|---|---|---|
tracks | Ether (ETH) | 95% |
holds | Ether (ETH) | 95% |
issued_by | Bitwise Asset Management | 95% |
approved_by | US Securities and Exchange Commission | 95% |
issued | Bitwise Asset Management | 95% |
issued_by | Bitwise Asset Management | 95% |
launched | Bitwise Ethereum ETF (ETHW) launches on NYSE | 95% |
custodied_by | Coinbase | 85% |
custodied_by | Coinbase Custody | 85% |
competes_with | Grayscale Ethereum Trust ETF | 85% |
Frequently asked questions
What is Bitwise Ethereum ETF?
Bitwise Ethereum ETF is a product tracked in the DeFi Intel knowledge graph. It is connected to 11 other tracked entities, most strongly to Ether (ETH), Ether (ETH), Bitwise Asset Management.
What type of entity is Bitwise Ethereum ETF?
Bitwise Ethereum ETF is classified as a product (product) in the DeFi Intel knowledge graph.
What is Bitwise Ethereum ETF connected to?
In the DeFi Intel knowledge graph, Bitwise Ethereum ETF is linked to 11 other tracked entities, most strongly to Ether (ETH), Ether (ETH), Bitwise Asset Management.
Live news feed, full graph, and search.