Bitwise Closes Ethereum-Based ETF Amid Rebalancing Efforts
Bitwise Asset Management has announced plans to close and liquidate its Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (AETH) due to a decision made by the company. The ETF, which is listed on the New York Stock Exchange Arca (NYSE Arca), will cease trading on October 2, 2026, with the last day of trading being on that date as well.
The liquidation process for the AETH ETF is set to take place on October 13, 2026. Shareholders who do not sell their shares by the last day of trading will have them automatically redeemed for cash based on the ETF's net asset value (NAV). The redemption is expected to be provided to shareholders through their brokers or other financial intermediaries around the liquidation date.
Bitwise Asset Management, which has over $9 billion in client assets and a nine-year track record, serves institutional investors, crypto exchanges, and high-net-worth individuals. The company also works with private wealth teams, RIAs, family offices, and banks and broker-dealers.