Bitwise Ethereum Strategy ETF (AETH)
Actively managed Ethereum strategy ETF from Bitwise – combines spot Ether exposure with optional futures/options overlays for potential enhanced returns.
Key Facts
| Issuer | Bitwise Investment Advisers |
|---|---|
| Ticker | AETH (Cboe BZX) |
| Expense Ratio | 0.85% |
| Approx. AUM | $40M (as of Jan 9, 2026) |
| Type | Actively managed Ethereum strategy (spot + overlays) |
| Inception | Q4 2024 |
| Official Site | Bitwise AETH Page |
Composition / Holdings
AETH combines physical Ether exposure with active overlays (futures/options) for strategic management (not pure spot).
| Asset | Percentage | Description |
|---|---|---|
| Ether (ETH) | Primary | Spot Ether exposure |
| Futures/Options Overlays | Active | Used opportunistically to enhance returns or manage volatility |
| Cash/Collateral | Supporting | For derivatives margin |
Actively managed for potential outperformance; complexity higher than pure spot ETFs.
Net Inflows & Outflows
Historical net flows showing demand for strategic Ether exposure. Modest early inflows since late 2024 launch (AUM ~$40M), with recent mixed trends in volatile 2025-2026 market.
Performance Overview
NAV tracking and returns vs. Ether spot price (potential enhancement from active overlays; higher complexity/tracking variation).
ESG & Sustainability Metrics
Estimated ESG profile for Ethereum (post-Merge PoS improves energy score; strong on decentralization/utility).
Pros
- Active management for potential enhanced returns/volatility control
- Backed by Bitwise – crypto-specialist manager
- Combines spot Ether with strategic overlays
- Institutional-grade custody
Cons
- Higher 0.85% expense ratio vs. pure spot peers
- Smaller AUM/low liquidity (newer fund)
- Complexity and potential tracking variation from active strategy
- Full exposure to Ether price volatility
How to Buy AETH
Available on major US brokers (Fidelity, Schwab, Vanguard, Robinhood, etc.). Search ticker AETH. Suitable for investors seeking strategic/active Ether exposure.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Active strategies carry additional complexity/risk. Data approximate as of January 9-11, 2026 (sources: Bitwise, Farside Investors, SoSoValue). Always verify with official sources.