Key stats
About Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF
Home page
Inception date
Sep 29, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bitwise Investment Manager LLC
Distributor
Foreside Fund Services LLC
AETH provides an actively managed exposure to standardized ether (ETH) futures contracts and US Treasurys. It uses a long-flat trend-following investment strategy where the funds exposure is rotated between 100% ether futures contracts and 100% US Treasurys. This is based on a proprietary signal dependent on ethers 10-day and 20-day exponential moving average price. During upward trends, the fund will invest 100% in cash-settled CME ether futures contracts. The contracts are rolled monthly as they near expiration which may also lead to a higher-than-normal portfolio turnover. This is through a wholly owned subsidiary organized under the laws of the Cayman Islands and is capped at 25% at each quarter end. During downward trends, it will move 100% of its position to US Treasurys. The remaining assets (up to 75%) are invested in short-term debt securities to provide liquidity and serve as collateral. Prior to December 3, 2024, the fund was named Bitwise Ethereum Strategy ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund58.39%
Government41.61%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AETH last dividends amounted to 5.46 USD. The year before, the issuer paid 2.14 USD in dividends, which shows a 60.72% increase.
AETH assets under management is 6.97 M USD. It's risen 22.23% over the last month.
AETH fund flows account for −6.21 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AETH pays dividends to its holders with the dividend yield of 14.24%. The last dividend (Dec 30, 2024) amounted to 5.46 USD. The dividends are paid annually.
AETH shares are issued by Bitwise Asset Management, Inc. under the brand Bitwise. The ETF was launched on Sep 29, 2023, and its management style is Active.
AETH expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
AETH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AETH invests in funds.
AETH price has risen by 37.50% over the last month, and its yearly performance shows a −25.36% decrease. See more dynamics on AETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 20.20% increase in three-month performance and has decreased by −26.10% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 20.20% increase in three-month performance and has decreased by −26.10% in a year.
AETH trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.