Bitwise Ethereum ETF Files Q1 2025 10-Q
Ticker: ETHW · Form: 10-Q · Filed: May 12, 2025 · CIK: 2013744
Sentiment: neutral
Topics: ETF, cryptocurrency, Ethereum, 10-Q
Related Tickers: ETH-USD
TL;DR
ETHW 10-Q is in: Holdings detailed, Coinbase & Bitwise Investment Manager involved.
AI Summary
The Bitwise Ethereum ETF filed its 10-Q for the period ending March 31, 2025. The filing details its holdings and operations, including its investment in Ethereum and its reliance on entities like Coinbase Custody Trust Company, LLC and Bitwise Investment Manager, LLC. The ETF's assets are valued using inputs from sources such as Lukka Prime Rate.
Why It Matters
This filing provides investors with crucial transparency into the Bitwise Ethereum ETF's holdings and operational structure for the first quarter of 2025.
Risk Assessment
Risk Level: medium — As an ETF focused on a volatile asset like Ethereum, its risk level is inherently tied to the cryptocurrency market's fluctuations.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the financial quarter covered by the report.)
- 2025-01-01 — Start of Reporting Period (Marks the beginning of the financial quarter.)
Key Players & Entities
- Bitwise Ethereum ETF (company) — Filer of the 10-Q
- 2025-03-31 (date) — End of reporting period
- Coinbase Custody Trust Company, LLC (company) — Custodian or service provider
- Bitwise Investment Manager, LLC (company) — Investment manager
- Lukka Prime Rate (company) — Valuation input source
- Ethereum (asset) — Underlying asset of the ETF
FAQ
What was the total value of assets under management for the Bitwise Ethereum ETF as of March 31, 2025?
The filing does not explicitly state the total AUM in a single figure, but it provides details on fair value inputs and investments in Ethereum.
Who are the primary service providers for the Bitwise Ethereum ETF mentioned in this filing?
Key service providers mentioned include Coinbase Custody Trust Company, LLC and Bitwise Investment Manager, LLC.
What is the source used for valuing Ethereum holdings?
The ETF utilizes the Lukka Prime Rate as a source for valuing its Ethereum holdings.
What is the fiscal year end for the Bitwise Ethereum ETF?
The fiscal year end for the Bitwise Ethereum ETF is December 31.
What is the SEC file number for the Bitwise Ethereum ETF?
The SEC file number for the Bitwise Ethereum ETF is 001-42159.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding Bitwise Ethereum ETF (ETHW).