Bitwise Funds Trust
IETH
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- United States of America
- IPO Date
- Oct 3, 2025
- Website
- iethetf.com
- Similar Companies
- Business
- Bitwise Funds Trust (IETH) serves as the issuer of exchange-traded funds focused on cryptocurrency-related investment strategies, including option income and rotation strategies linked to digital assets such as bitcoin, ether, and web3 equities; its series encompass the Bitwise Ethereum Option Income Strategy ETF (IETH), which employs a synthetic covered call approach using exchange-traded and FLEX options on ether ETPs combined with U.S. Treasurys as collateral to generate monthly income while providing exposure to ether price returns subject to capped upside; other core offerings include the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP), Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC), Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (AETH), and Bitwise Web3 ETF (BWEB), featuring rules-based rotations between crypto futures and Treasurys or equity exposure to web3 innovators. The Trust, organized under Delaware law with principal executive offices at 250 Montgomery Street, Suite 200, San Francisco, California, operates primarily in the United States through NYSE Arca listings and targets institutional investors, registered investment advisors, family offices, and private wealth teams seeking regulated access to crypto asset classes. In recent developments, Bitwise Asset Management, Inc., the investment adviser, launched the IETH ETF on October 2, 2025, as part of an expanded option income suite alongside the Bitwise CRCL Option Income Strategy ETF (ICRC), aiming to capitalize on ether volatility for income generation amid growth in stablecoins and tokenization; earlier in 2025, the firm surpassed $15 billion in client assets, up over 200% from October 2024, following the August 2024 acquisition of London-based ETC Group for European ETP expansion and the November 2024 purchase of Attestant Limited, an Ethereum staking provider managing $3.7 billion; additionally, multiple series underwent strategic shifts and name changes on December 3, 2024, adopting trend-following rotation strategies between crypto futures and U.S. Treasurys to enhance risk-adjusted returns.