Bitwise intends to begin trading ether futures ETFs on Monday

Quick Take

  • Bitwise intends to list and start trading its two new ether futures products on Monday.

Bitwise intends to list and begin trading two new ether futures ETF products on Monday, the asset manager said in a statement

The company filed final forms with the Securities and Exchange Commission for the Bitwise Ethereum Strategy ETF (A ETH -5.11% ) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP).


Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The first fund plans to invest in regulated Chicago Mercantile Exchange ether futures focused on front-month contracts, while the second plans to invest with equal exposure to regulated CME bitcoin futures and CME ether futures.

The custodian of both funds is Bank of New York Mellon, with an expense ratio of 0.85%. Bitwise's ether futures products offer crypto-related investing opportunities, without direct exposure to the underlying asset.

Additional ether futures funds

Valkyrie Investments and VanEck are also expected to begin trading of ether futures products next week. 

While the SEC seems poised to let trading begin in the ether futures funds, it's moved to delay applications for similar funds based on spot ether. 

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Brian McGleenon is a UK-based markets reporter for The Block. He has worked as a financial journalist and producer for multiple news outlets over the years, such as Fuji Television, The Independent, Yahoo Finance, The Evening Standard, and The Daily Express. Brian is also a screenwriter and producer with one feature film produced and one in development with Northern Ireland Screen. Apart from web3 and cryptocurrency developments, he is also interested in geopolitics, environmental issues, artificial intelligence, and longevity research. Get in touch via email [email protected].


To contact the editor of this story:
Nathan Crooks at
[email protected]