Bitwise Ethereum ETF (ETHW) is a US-listed spot Ethereum ETF from Bitwise. It lets investors gain exposure to the price of Ethereum through a regulated exchange-traded fund — bought and sold like any stock in a brokerage account, without the need to self-custody Ethereum or manage private keys, wallets and exchange accounts. The current ETHW price is $12.77, down 1.99% over the last 24 hours, within a 52-week range of $11.03 to $35.35.
As a spot ETF, ETHW's share price closely follows the market value of the Ethereum the fund holds, minus its annual management fee. The chart above shows ETHW price history at 5-minute resolution, so you can see intraday moves alongside longer-term performance (+7.77% over 7 days, -19.73% over 30 days). Each share represents a fractional claim on the fund's Ethereum holdings, and authorised participants create or redeem shares to keep the market price aligned with the fund's net asset value (NAV).
Buying ETHW is different from buying Ethereum on a crypto exchange. With the ETF you never hold the underlying coins yourself — the fund's custodian does — so there are no wallets, seed phrases or withdrawal risks to manage. In exchange, you pay the fund's management fee and can only trade during US market hours. Holding Ethereum directly gives you 24/7 trading and full self-custody, but shifts all the security and storage responsibility onto you. Many investors choose ETHW specifically because it fits inside a normal brokerage or tax-advantaged account.
A spot Ethereum ETF like ETHW holds the actual asset, so it tracks the real-time Ethereum price. A futures ETF instead holds dated futures contracts and has to “roll” them as they expire, which can introduce tracking error and extra cost in certain market conditions. For investors who simply want exposure that mirrors the Ethereum price, a spot product is usually the more direct vehicle.
ETHW trades on a US stock exchange during regular market hours, while Ethereum itself trades around the clock. When Ethereum moves significantly overnight or over a weekend, ETHW can open at a noticeably different price than it closed at — a “gap.” This is normal for any crypto ETF and is one reason the 5-minute chart and the 52-week range above are useful for understanding how ETHW actually behaves day to day.
ETHW is one of several US-listed spot Ethereum ETFs. Compare it with the other funds tracking Ethereum:
| Ticker | Fund | Price |
|---|---|---|
| ETHW | Bitwise Ethereum ETF | $12.77 |
| iShares Ethereum Trust | $13.57 | |
| Fidelity Ethereum Fund | $17.76 | |
| VanEck Ethereum ETF | $26.32 | |
| Invesco Galaxy Ethereum | $17.84 | |
| Franklin Ethereum ETF | $13.59 | |
| Grayscale Ethereum Trust | $14.49 | |
| Grayscale Ethereum Mini Trust | $17.04 |
Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.
ETHW can be bought through any brokerage that offers US-listed ETFs — you search for the ticker ETHW, place an order, and the shares settle like any stock. To follow performance afterwards, add ETHW to a free portfolio on CryptoETF.today: record your buys and sells, and the portfolio automatically tracks your average cost, current value and realised/unrealised profit. Create a portfolio →