Bitwise Ethereum ETF

Bitwise Ethereum ETF Trust is a Delaware statutory trust that offers shareholders passive exposure to ether, the native digital asset of the Ethereum blockchain network, through shares traded on NYSE Arca. The Trust holds ether exclusively in offline custody, with net asset value determined daily by reference to a volume-weighted median price across major trading platforms, and operates through a straightforward creation-and-redemption mechanism for authorized broker-dealers. The Trust charges shareholders a unitary annual fee of 0.20% of ether holdings (paid in ether), while the Sponsor covers routine operational costs including custody, administration, and exchange listing fees, with extraordinary expenses borne by the Trust itself.