Bitwise Ethereum Strategy ETF USD Price

The Bitwise Ethereum Strategy ETF (AETH) is a futures ETF issued by Bitwise Asset Management, and made its debut on November 1, 2023. As a futures ETF, AETH invests in Ethereum futures contracts rather than directly holding Ethereum itself. The fund's primary objective is to mirror Ethereum's price movements through futures contracts available on commodity exchanges. Consequently, the ETF's performance can diverge from the spot price of Ethereum, influenced by factors such as contract rollover, prevailing futures market conditions, and the unique investment strategies implemented by the fund. The ETF charges an annual management fee of 0.92%.