Bitwise Ethereum ETF (ETHW) Stock Price & Analysis
Bitwise Ethereum ETF (ETHW) closed at USD 17.11 on Friday, October 23, 2026, up 0.53% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 17.02; the Oct 23, 2026 session ranged USD 16.99–17.25 on volume of 160,710 shares. Market capitalization is —, with a 52-week range of USD 10.93–30.34 (PCX). Source: Nexqual, retrieved October 24, 2026 at 05:04 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ETHW.md
Key facts (ETHW)
- Total return with dividends: 1Y -39.2% vs S&P 500 +13.4%; 5Y -27.3% vs S&P 500 +76.9%.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ETHW)
| USD | FY2025 | TTM |
|---|---|---|
| Net income | -$54.7M | -$132M |
| Cash + short-term investments | $0K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ETHW)
Total return (dividends reinvested) (ETHW)
| 1Y (from 2025-10-24) | 5Y (from 2024-07-22) | |
|---|---|---|
| Total return | -39.2% | -27.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -39.3% | -13.2% |
| Volatility (annualized) | 63.0% | 63.7% |
| Max drawdown | -63.0% (Oct 2025→Jun 2026) | -67.6% (Aug 2025→Jun 2026) |
ETHW suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Coinbase Global, Inc. (COIN) | “The insurance maintained by Coinbase Global is shared among all of its customers, is not specific to the Trust or to customers holding ether with the Ether Custodian or Prime Execution Agent, and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.” |
Quoted from the company's 10-K filed Mar 12, 2026.
Key Statistics (as of October 24, 2026 at 05:04 UTC)
| Price | USD 17.11 |
|---|---|
| Change | ▲ 0.53% (up) |
| Previous Close | USD 17.02 |
| Open | USD 17.13 |
| Day Range | USD 16.99 – 17.25 |
| 52-Week Range | USD 10.93 – 30.34 |
| Volume | 160,710 shares |
| Market Cap | — |
| Exchange | PCX |
Technical Analysis (ETHW)
Nexqual's technical model rates ETHW "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 24, 2026 at 05:04 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 42.15 (neutral) |
| vs SMA50 | Below (USD 17.71) |
| MACD | -0.2 (negative) |
Financial Health Score (ETHW)
Nexqual rates Bitwise Ethereum ETF's overall financial health "Mixed" across five dimensions, as of October 24, 2026 at 05:04 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | N/A — Banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Finance Services) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Finance Services) |
| Efficiency | Mixed — No data |
From Bitwise Ethereum ETF's Latest SEC 10-K Filing (filed 2026-03-12)
Partnerships
- Under the Agent Execution Model, Coinbase, Inc. ("Coinbase, Inc." or the "Prime Execution Agent," which is an affiliate of the Ether Custodian), acting in an agency capacity, conducts ether purchases and sales on behalf of the Trust with third parties through its Coinbase Prime service pursuant to an agreement (the "Prime Execution Agreement").
- The Sponsor, in its sole discretion, may cause the Trust to price its portfolio based upon an index, benchmark or standard other than the Pricing Index at any time, with prior notice to the Shareholders, if investment conditions change or the Sponsor believes that another index, benchmark or standard better aligns with the Trust's investment objective and strategy.
Legal & Regulatory Risks (Item 1A, quoted)
- Compliance with these rules and regulations may demand significant time and effort from the Sponsor's management and personnel, potentially diverting attention away from day-to-day operational activities.
- The Trust is not a registered investment company and is not subject to the Commodity Exchange Act, which limits Shareholder protections and may increase the Trust's exposure to unregulated risks.
- The SEC has also regularly stated that certain digital assets may be considered "securities" under federal securities laws, and this classification can have significant implications for digital assets, including ether.
- SEC's increased enforcement activity over the last few years has highlighted the potential for stricter regulation across the broader digital asset industry, which could exacerbate negative market reactions.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ETHV | VanEck Ethereum ETF | USD 34.94 | ▲ 0.32% |
| EZET | Franklin Ethereum ETF | USD 18.1 | ▲ 0.22% |
| QETH | Invesco Galaxy Ethereum ETF | USD 23.76 | ▲ 0.21% |
| FETH | Fidelity Ethereum Fund | USD 23.81 | ▲ 0.29% |
| TETH | 21Shares Ethereum ETF | USD 11.94 | ▲ 0.34% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 05:04 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt