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AETH ETF Profile


Family: Bitwise
Name: Bitwise Ethereum Strategy ETF
Inception Date: 29-Sep-2023
Termination Date:
Investment Objective: AETH provides Ethereum-linked exposure in a traditional, regulated ETF available to all investors through traditional brokerage accounts. The fund achieves its exposure by investing in CME Ether Futures Contracts. Ether Futures Contracts are standardized, cash-settled futures contracts traded on commodity exchanges registered with the CFTC that use ether as the reference asset. Currently, the only such contracts the Fund will hold are those traded on, or subject to the rules of, the Chicago Mercantile Exchange ("CME"). When a futures contract reaches its expiration, the holder of a futures contract (such as the Fund) must sell that futures contract and replace them with new futures contracts with a later expiration date. This is called "rolling." Ether Futures Contracts are cash settled on their expiration date, unless they are "rolled" prior to expiration. However, the Fund is not required to roll the contracts at any specific time and the Adviser may roll the contracts at any time of its choosing, depending upon prevailing market conditions and other factors. The Fund's regular purchases and sales of individual Ether Futures Contracts throughout the year may cause the Fund to experience higher than normal portfolio turnover.
Prospectus
Top 10 Holdings
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Number of Holdings:
Shares Outstanding: 200,004
Total Net Assets: 6,260,125
NAV: 31.33
Net Expense Ratio: 0.85%
Asset Class: CryptoCurrency
Developed or Emerging: Funds Combining Developed & Emerging Exposure
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Is Currency Hedged: No
US or Ex-US: Global