ETHW Bitwise Ethereum ETF

Spot Ethereum ETF · by Bitwise · Ethereum ETF flows · fee 0.20%

ETHW reported no net flow on Fri 30 Oct. All Ethereum ETFs: −$155.7M.

Share price$15.97−4.29% · −$0.71last trade Fri 30 Oct 19:55 UTC

Net flow, last day0Fri 30 Oct · T+1

Cumulative net flow+$393.5Msince 23 Jul 2024

Avg entry vs close−27.6%avg entry $3,129 · ETH $2,267

Net assets$243.6M

Day volume485Kshares, last session

Clients' P&L in ETHW

At a loss

On average, ETHW clients bought ETH at $3,129. At the 30 Oct 2026 close of $2,267 they are at a loss: −$96.9M (−27.6%) on paper.

Unrealised P&L−$96.9M−27.6%avg entry $3,129ETH close $2,267

Avg entry · break-even: $3,129
ETH close: $2,267
Invested: $351.6M
Current value: $254.7M
ETH in the fund: 112,352

Avg entry vs ETH price

Daily · US$ · as of 30 Oct 2026

ETH priceAvg entryClients in profitUnder water

$2K$3K$4K

$2,267$3,129Oct 25Jan 26May 26Jul 26Oct 26

Avg entry is our estimate from daily creations and redemptions × the coin price that day · unrealised · not an issuer reportIn profit on 3 of 365 days

ETF cost basis

ETHW price and net flow

Daily close · price history since 23 Jul 2024 · Net flow: daily creations and redemptions, US$ m

Share price: exchange close · flow: T+1Share price −32.1% over the period

Fund facts

Price · 1D / 7D / 30D: $15.97 −4.29% / −6.55% / −16.30%
Day volume: 485K shares
Expense ratio: 0.20% What 0.20% costs per year
Launched: 23 Jul 2024
13F holders: 90 · Jun 30, 2026
Price history since: 23 Jul 2024

52-Week RangeNow $15.97 (30% of range)

52-week low $10.93Average price $16.9552-week high $27.95

Staking

Ethereum ETF staking

ETHW does not stake its Ethereum.

Filing: 10-K · Thu 12 Mar

Coins held: 109,298 ETHreported
Share of ETF coins: 1.8%
Issuer's fee revenue: $487.2K a year$1.3K a day at current assets

ETHW net flow by day

Last 20 trading days, US$ m · share = ETHW’s part of all Ethereum ETF flow when both move the same way

Date	Net flow	Share of ETH ETFs	All ETH ETFs	Close
Fri 30 Oct	0	—	−$155.7M	$15.97
Thu 29 Oct	0	—	−$105.5M	$16.10
Wed 28 Oct	0	—	−$21.4M	$17.00
Tue 27 Oct	0	—	−$60.2M	$16.77
Mon 26 Oct	0	—	−$88.6M	$16.50
Fri 23 Oct	0	—	+$4.4M	$16.84
Thu 22 Oct	0	—	−$110.5M	$17.03
Wed 21 Oct	+$0.9M	6%	+$14.9M	$18.18
Tue 20 Oct	0	—	−$26.2M	$17.39
Mon 19 Oct	0	—	−$103.3M	$17.09
Fri 16 Oct	0	—	−$69.7M	$17.23
Thu 15 Oct	0	—	−$60.3M	$17.54
Wed 14 Oct	0	—	−$129.5M	$17.21
Tue 13 Oct	0	—	+$24.8M	$17.91
Mon 12 Oct	0	—	−$85.4M	$17.75
Fri 9 Oct	0	—	−$56.1M	$18.04
Thu 8 Oct	0	—	−$72.6M	$17.59
Wed 7 Oct	−$5.9M	4%	−$160.7M	$18.37
Tue 6 Oct	0	—	−$201.9M	$19.27
Mon 5 Oct	0	—	−$50.8M	$19.37

Streaks and records

descriptive, not a signal

Largest inflow, all time: +$204.0M · 23 Jul 2024
Largest outflow, all time: −$56.1M · 2 Jan 2025
Inflow days in 2026: 36 of 209
Best month: +$284.5M · Jul 2024
Worst month: −$57.6M · Jan 2025

All records · 30D / 90D / 1Y

Window	Largest inflow	Largest outflow
Last 30 trading days	+$4.3M21 Sep 2026	−$5.9M7 Oct 2026
Last 90 trading days	+$29.1M11 Sep 2026	−$34.4M15 Sep 2026
Last 12 months	+$29.1M11 Sep 2026	−$34.4M15 Sep 2026

Trading days only. A day where a fund has not reported is skipped, not counted as zero.

“—” in Share: ETHW moved against the market, or more than the market totalAll days on Ethereum ETF flows ›

Who holds ETHW: institutional holders from 13F

90 institutions reported holding ETHW on June 30, 2026, with $39.7M at quarter-end prices (3.5M shares). Their combined share count rose 10.0% from Q1 2026 while the dollar value fell 17.3% — the difference is the Ethereum price, not selling. By value, wealth advisers held 51.7% and banks and brokers 15.2%.

13F filings for the quarter ended Jun 30, 2026 · next update after Nov 14, 2026 · What is a 13F?

Institutions holding90−7 vs Q1 26

Reported value$39.7Mat Jun 30 prices

Shares reported3.5M≈24% of the fund

Net change in shares+0.32M+10.0% vs Q1 26 · +$3.6M at Jun 30 prices

ETHW holders by type

Holder mix by value · our classificationshare of the $39.7M

Bank & broker 15.2%
Market maker 8.6%
Hedge fund 1.6%
Asset manager 1.7%
Wealth adviser 51.7%
Other managers 21.3%

Top 10 ETHW holders on Jun 30, 2026

Top 10 ETHW holders on Jun 30, 2026
#	Holder	Type · our classification	Value	Shares	Change in shares, q/q	Holding since
1	Wells FargoSan Francisco · Bank & broker	Bank & broker	$5.0M	445K	+0.19M +73%	Q3 25
2	Clear Creek Financial ManagementSilverdale · Other managers	Other managers	$3.8M	337K	+95K +39%	Q4 24
3	Virtu FinancialNew York · Market maker	Market maker	$2.9M	254K	+0.25M new	Q2 26 · re-entered
4	Beam Wealth AdvisorsCovington · Wealth adviser	Wealth adviser	$2.4M	211K	−6K −3%	Q3 24
5	BettermentNew York · Wealth adviser	Wealth adviser	$1.6M	141K	+6K +5%	Q3 24
6	Snowden Capital AdvisorsNew York · Wealth adviser	Wealth adviser	$1.6M	138K	+2K +1%	Q1 26
7	Focus Partners WealthSt Louis · Wealth adviser	Wealth adviser	$1.5M	132K	−14K −9%	Q4 25
8	Wiser Wealth ManagementMarietta · Wealth adviser	Wealth adviser	$1.3M	113K	+5K +4%	Q3 24
9	IEQ CapitalFoster City · Wealth adviser	Wealth adviser	$900K	82K	−23K −22%	Q3 24
10	Lido AdvisorsLos Angeles · Wealth adviser	Wealth adviser	$800K	72K	+1K +1%	Q1 26

Top 10 of 90 · sorted by value · type is our classificationAll 90 ETHW holders

Institutions in Ethereum ETFs ›Institutional holders of all crypto ETFs ›

Long positions on the last day of the quarter, as filed by managers over $100M. Shorts, futures and retail investors are not in 13F. Changes are in shares, so the coin price does not move them.

Other spot Ethereum ETFs

ETHW is one of several US-listed spot Ethereum ETFs. Compare it with the other funds tracking Ethereum:

All 11 on Ethereum ETF flows ›

Fund	Issuer	Flow · Fri 30 Oct	Cumulative	Fee	Price	1D
ETHAiShares Ethereum Trust	BlackRock	−$76.6M	+$11.87B	0.25%	$50.68	+0.06%
FETHFidelity Ethereum Fund	Fidelity	−$3.3M	+$2.44B	0.25%	$22.30	−0.27%
ETHGrayscale Ethereum Mini Trust	Grayscale	−$34.1M	+$2.00B	0.15%	$21.35	−0.47%
ETHBiShares Staked Ethereum Trust	BlackRock	−$19.5M	+$833.0M	0.25%	$28.90	−2.32%
ETHWBitwise Ethereum ETFthis fund	Bitwise	0	+$393.5M	0.20%	$15.97	−4.29%
ETHVVanEck Ethereum ETF	VanEck	0	+$154.5M	0.20%	$32.63	−4.24%
EZETFranklin Ethereum ETF	Franklin Templeton	0	+$64.8M	0.19%	$16.92	−4.33%
MSSEMorgan Stanley Ethereum Trust	Morgan Stanley	−$0.7M	+$45.0M	0.14%	$24.16	−0.25%
TETH21Shares Core Ethereum ETF	21Shares	0	+$25.5M	0.21%	$11.12	−4.62%
QETHInvesco Galaxy Ethereum	Invesco	0	+$22.0M	0.25%	$22.21	−4.31%
ETHEGrayscale Ethereum Trust	Grayscale	−$21.5M	−$5.54B	2.50%	$17.95	−0.83%

Bitwise at the SEC

ETHW went from first filing to trading in 117 days. Bitwise has 9 crypto ETFs trading, 3 waiting, 2 withdrawn.

All Bitwise filings ›

ETHW’s path to listing

First filing28 Mar 2024
4 amendments
Effective22 Jul 2024
Trading on NYSE23 Jul 2024

117 days at the SEC

Filing history

Other Bitwise filings waiting
Waiting fund	Stage	Last document	At the SEC
Bitwise Aptos ETFAptos	Amendingquiet	15 Aug 2025	606 days
Bitwise Sui ETFSui	Filedquiet	18 Dec 2025	318 days
Bitwise Uniswap ETFUniswap	Filedquiet	5 Feb 2026	269 days

Open the filings tracker

About Bitwise Ethereum ETF (ETHW)

What the data says

With $393.5M of net inflow since 23 Jul 2024, ETHW ranks 5th of 11 Ethereum ETFs by money brought in. The leader, ETHA, has drawn $11.87B. By money brought in it sits between ETHB (+$833.0M) and ETHV (+$154.5M). Bitwise reports net assets of $243.6M, 2% of the Ethereum ETF total and the 6th largest of 11 by size.

Holders of ETHW are behind: their average entry of $3,129 sits above the 30 Oct 2026 close of $2,267, a paper loss of −27.6% (−$96.9M), 9th of 11 Ethereum ETFs by result.

In the last 30 trading days to 30 Oct 2026 it lost $630K, 5th of 11 Ethereum ETFs over that stretch; the whole Ethereum group lost $962.2M.

ETHW's fee of 0.20% is below the Ethereum ETF median of 0.21%: 4th cheapest of 11. The cheapest is MSSE at 0.14%.

On most trading days nothing moves: ETHW had no creations or redemptions on 356 of 559 days in our record since 23 Jul 2024. The largest day with money coming in was $204.0M on 23 Jul 2024. Its best calendar month was Jul 2024 ($284.5M in); its worst, Jan 2025 ($57.6M out).

Figures as of 30 Oct 2026 (flows, T+1); holders' average entry at the 30 Oct 2026 close. Not investment advice.

ETHW ETF — FAQ

When did ETHW start trading?

ETHW began trading as an ETF on 23 Jul 2024.

Is ETHW cheaper than other Ethereum ETFs?

Yes. ETHW charges 0.20% a year. Across 11 Ethereum ETFs the fee runs from 0.14% to 2.50%, with a median of 0.21%; ETHW is 4th from the cheapest.

How much has flowed into ETHW since launch?

Net inflow of $393.5M from 23 Jul 2024 to 30 Oct 2026, 5th of 11 Ethereum ETFs by money brought in. Net flow is the dollar value of shares created minus shares redeemed.

Are ETHW holders in profit?

No, on paper they are at a loss. Our estimate of their average entry is $3,129 per ETH; the 30 Oct 2026 close was $2,267, a result of −27.6% (−$96.9M). The estimate comes from daily creations and redemptions valued at that day's coin price, not from an issuer report.

What was the biggest day for ETHW?

The largest net inflow was $204.0M on 23 Jul 2024. The largest net outflow was $56.1M on 2 Jan 2025. Counted over 559 trading days through 30 Oct 2026.

Who owns the most ETHW?

Bitwise issues ETHW; the shares are owned by investors. Among institutions filing Form 13F, the largest ETHW holder on June 30, 2026 was Wells Fargo with 445K shares worth $5.0M, followed by Clear Creek Financial Management ($3.8M) and Virtu Financial ($2.9M). In total 90 institutions reported ETHW, worth $39.7M.

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.