AETH Stock Summary and Trading Ideas (Bitwise Ethereum Strategy ETF | ARCA:AETH)

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.

Bitwise Ethereum Strategy ETF trades on the ARCA stock market under the symbol AETH.

As of January 3, 2025, AETH stock price declined to $37.04 with 5,875 million shares trading.

AETH has a market cap of $8.34 million. This is considered a Sub-Micro Cap stock.

AETH has outperformed the market in the last year with a return of +38.5%, while the SPY ETF gained +27.8%. In the last 3 month period, AETH beat the market returning +40.6%, while SPY returned +4.6%. However, in the most recent 2 weeks AETH has underperformed the stock market by returning 0.0%, while SPY returned +0.1%.

AETH support price is $35.77 and resistance is $38.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AETH shares will trade within this expected range on the day.