(ETHW) Bitwise Ethereum - Overview
Etf: Ether, Custody, Passive, ETF, Accrual
| Risk 5d forecast | |
|---|---|
| Volatility | 86.0% |
| Relative Tail Risk | -4.08% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.06 |
| Alpha | -51.31 |
| Character TTM | |
|---|---|
| Beta | 1.846 |
| Beta Downside | 1.560 |
| Drawdowns 3y | |
|---|---|
| Max DD | 64.04% |
| CAGR/Max DD | -0.45 |
Description: ETHW Bitwise Ethereum December 30, 2025
The Bitwise Ethereum ETF (NYSE ARCA: ETHW) is a U.S.-based, passively managed fund that holds ether (ETH) and converts the sponsor’s management fee into U.S. dollars. The trust does not engage in active trading or discretionary allocation of its ether holdings.
Key metrics to watch: (1) Current ether price volatility, which has averaged ~70 % annualized over the past 12 months and directly impacts the ETF’s NAV fluctuations; (2) Total assets under management (AUM) for U.S. crypto ETFs, which as of Q3 2024 stand at roughly $5 billion, providing a benchmark for liquidity and market depth; (3) Regulatory developments, especially SEC guidance on digital-asset securities, which can affect sponsor fee structures and investor eligibility.
Given the passive nature of ETHW, its performance will largely track ether’s market movements, making macro-level drivers such as Ethereum network upgrades (e.g., the “Shanghai” hard fork) and broader DeFi adoption critical to its risk-adjusted returns.
For a deeper quantitative comparison of ETHW against peer crypto ETFs, you might explore the analytics platform ValueRay.
What is the price of ETHW shares?
Over the past week, the price has changed by -23.20%, over one month by -36.69%, over three months by -37.90% and over the past year by -24.77%.
Is ETHW a buy, sell or hold?
What are the forecasts/targets for the ETHW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 12.4 | -15.7% |
ETHW Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 317.7m USD (317.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 317.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 317.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 12.72% (E(317.7m)/V(317.7m) * Re(12.72%) + (debt-free company))
Discount Rate = 12.72% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)