AETH - Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF

This fund seeks to achieve its financial objectives by strategically investing in ETH futures contracts and holding short-term debt instruments. It primarily focuses on cash-settled ETH futures that have the shortest time until expiration, referred to as front-month contracts. However, the fund also retains the flexibility to invest in longer-dated, back-month cash-settled ETH futures.

As of Jun 30, 2026: spot at $29.27, ATM IV 76.7%, max pain $30.00, net GEX $3.4K.

Sector
Financial Services
Industry
Asset Management - Cryptocurrency
Market Cap
$4.6M
Beta
2.32
52-Week Range
29.2776-59.479
Dividend Yield
$0.87
IPO Date
Oct 3, 2023
Exchange
AMEX

What AETH Looks Like to Options Traders Today

IV rank of 23.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($3.4K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.125) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The AETH overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked AETH overview questions

What is AETH?
AETH is the ticker symbol for Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF, an listed exchange-traded fund. This fund seeks to achieve its financial objectives by strategically investing in ETH futures contracts and holding short-term debt instruments. It primarily focuses on cash-settled ETH futures that have the shortest time until expiration, referred to as front-month contracts. Listed on AMEX. AETH is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the AETH options snapshot look like today?
As of Jun 30, 2026, the AETH options snapshot shows spot at $29.27, ATM IV 76.7%, IV rank 23.9%, max pain $30.00, net GEX $3.4K, expected move 21.99%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are AETH's key statistics?
Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (AETH) carries a market capitalization of $4.6M, 52-week range of 29.2776-59.479. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does AETH belong to?
Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF operates in the Financial Services sector, in the Asset Management - Cryptocurrency industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare AETH's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the AETH data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.