(ETHW) Bitwise Ethereum - Ratings and Ratios

The Bitwise Ethereum ETF (NYSE ARCA: ETHW) is a passively managed investment vehicle designed to provide exposure to ether (ETH), the native cryptocurrency of the Ethereum blockchain. The fund achieves its objective by directly holding ether and accounting for the Sponsor Fee, which is deducted in U.S. dollars. Unlike actively managed funds, ETHW does not employ tactical shifts in its portfolio or seek to time market movements. The sponsors role is limited to maintaining the trusts ether holdings without intervening in the underlying assets performance.

As a publicly traded ETF on the NYSE Arca exchange, ETHW offers traditional investors a regulated and familiar framework to gain exposure to Ethereums price movements. The funds structure allows for ease of access through brokerage accounts, eliminating the need for direct cryptocurrency custody or interaction with blockchain infrastructure.

From a technical perspective, ETHW is currently trading below its 20-day and 50-day moving averages, indicating a short-term downtrend. The 200-day moving average suggests a longer-term sideways trend. The Average True Range (ATR) of 1.23 reflects moderate price volatility, while the average 20-day volume of 367,678 shares highlights consistent, though not exceptional, liquidity.

Fundamentally, the ETF holds approximately $213.15 million in assets under management (AUM), positioning it as a mid-sized fund within the digital asset ETF category. This scale suggests a balance between institutional adoption and retail investor accessibility.