AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF

ETF 37.54 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

AETH $37.54 —
Key stats
$37.54
52-Week Range
$28.27 – $43.17
YTD
+3.71%
IV Rank (30D)
42.16
Straddle Price
$3.90
P/C Vol Ratio
2.14
Open
$37.54
Day Range
$37.54 – $37.54
Volume
401
Prev Close
$37.57
About

Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (AETH) ETF

No description available.

Exchange
ARCX
Inception
2023-09-29
Has Options
Yes
ETF Profile
holdings as of 2026-06-30
Holdings
2
AUM
$4.4M
Provider
Nport
Inception
2023-09-29
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
—
Dividend Yield
102.42%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-13 2026-10-13 $37.5797 CD
2025-12-26 2025-12-30 $0.8697 CD
2024-12-26 2024-12-30 $5.4583 CD
2023-12-22 2023-12-28 $2.1438 CD
Asset Allocation
Top Holdings
top 2 of 2 holdings
Symbol Name Weight % Asset Class Country
— UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 90.97% Debt US
— DWS Government Money Market Series 8.81% Short-term investment US
Non-Equity Breakdown
Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF · NPORT-P period 2026-06-30 (filed 2026-08-24)
Net assets: $4M · 2 total positions · equity 0.00% · non-equity 99.78%
Non-equity holdings — 2 positions, 99.78% of NAV
Category Weight Value Positions
US Treasury 90.97% $4.0M 1
Short-term investment 8.81% $386705 1
Chart
Seasonality
'23'24'25'26Avg
Jan---5.12%-11.55%-3.17%-6.61%
Feb--46.82%-4.64%0.17%14.12%
Mar--1.41%-12.46%-2.72%-4.59%
Apr---16.78%-0.03%0.45%-5.45%
May--29.52%38.46%-5.01%20.99%
Jun---11.05%-7.11%-10.20%-9.45%
Jul---6.30%42.76%3.83%13.43%
Aug---20.40%11.15%26.53%5.76%
Sep--5.83%-8.14%0.22%-0.70%
Oct8.90%0.30%-17.99%-0.09%*-2.22%
Nov10.12%42.47%0.27%--17.62%
Dec3.08%-19.18%-8.30%---8.13%
Total23.61%23.47%4.35%6.35%14.45%
* Only 4 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $38.06
SMA 50: $34.99
SMA 200: $34.49
Current: $37.54
EMA 12: $37.76
EMA 26: $37.18
MACD: 0.5802 | Signal: -0.3026
BULLISH
ADX (14): 21.10
WEAK TREND
+DI: 45.54
−DI: 41.10

Momentum Oscillators

RSI (14): 53.46
NEUTRAL
Stoch %K: 19.87
Stoch %D: 23.61
Williams %R: -81.12

Volume & Volatility

BB Upper: $39.38
BB Lower: $36.74
NEUTRAL
OBV: -15,196
Vol SMA 20: 1,533
Vol ROC: -58.57%
ATR: $0.52
True Range: $0.03
HV 20: 34.9%
HV 30: 44.1%
HV 60: 42.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-02T00:00:00 – 2026-10-02T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers and Primary Risks:

  • Technical indicators suggest a neutral trend, with no clear momentum signals.
  • Recent news headlines are generally neutral, but some positive sentiments may have contributed to the recent price movement.
  • Risk metrics indicate above-average volatility, which may amplify market movements.

Investment Thesis: AETH is currently trading within a range-bound environment, lacking clear momentum signals. While some positive news sentiment exists, it's not strong enough to overcome the neutral technical picture. Investors should be cautious and consider hedging strategies due to the stock's high beta and volatility.

Recent News Sentiment Impact: The recent news headlines have had a mild impact on the stock price, contributing to the overall neutral trend. While some positive sentiments exist, they are not strong enough to overcome the lack of clear momentum signals in technical indicators.

Technical Analysis

Trend Direction: NEUTRAL (Short-term: Range-bound, Medium-term: Uptrend, Long-term: Downtrend)

Support/Resistance Levels:

  • Key price levels:
    • SMA 20: $30.61
    • SMA 50: $30.92
    • Upper Bollinger Band: $31.84
  • Lower price levels:
    • SMA 200: $35.09
    • Lower Bollinger Band: $29.38

Momentum Signals:

  • RSI (14): 42.73 (neutral)
  • MACD: -0.25 / Signal: -0.09 / Histogram: -0.17 (bearish)

Volume Analysis: Volume is low, indicating a lack of conviction in the market.

News & Sentiment Analysis

Recent Headlines Summary: The recent news headlines are generally neutral, with some positive sentiments and no strong bearish signals.

Sentiment Assessment: Neutral sentiment dominates, with a slight lean towards positivity due to some encouraging news articles.

Catalyst Identification: No clear catalysts exist in the near-term horizon. However, the options market suggests a possible move around $3.50 by expiration.

Market Narrative: The neutral trend is driven by a lack of clear momentum signals and mixed news sentiment. The high beta and volatility suggest that market movements may be amplified.

Risk & Volatility Assessment

Beta Interpretation: High risk (beta >1.2) due to the stock's amplification of market movements.

Volatility Regime: Above-average volatility, which may amplify market movements.

Options Market Signals:

  • IV Rank: 19.4% (Low)
  • Current IV: 52.3%
  • Expected Move: $3.50 (36 DTE), 7-DTE: $3.15

Downside Protection: Support levels exist at SMA 20 and SMA 50, which could help cushion any potential declines.

Market Context & Positioning

Sector Performance: AETH is underperforming the sector, with a relative strength of -0.5.

Institutional Activity: Institutional interest is moderate, with no strong buy or sell signals.

Correlation Analysis: The stock has a low correlation (0.38) with SPY, indicating that it may not closely follow market movements.

Relative Valuation: AETH is trading within its historical range, neither overvalued nor undervalued.

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $30.61
  • SMA 50: $30.92
  • Upper Bollinger Band: $31.84
  • Lower Bollinger Band: $29.38

Breakout/Breakdown Levels: None existent at this time.

Time-Sensitive Catalysts: Earnings dates and product launches may have an impact in the medium-term horizon.

Risk Management: Stop-loss levels could be set around SMA 20 or SMA 50 to manage potential losses.

By analyzing the technical indicators, news headlines, and risk metrics, it's clear that AETH is trading within a range-bound environment with no clear momentum signals. While some positive sentiments exist, they are not strong enough to overcome the neutral technical picture. Investors should be cautious and consider hedging strategies due to the stock's high beta and volatility.

Generated
News
All AETH news →
Showing 1–10 of 33
Page 1 of 4

AETH Options Activity & IV Rank

AETH IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 37.6%
7-DTE IV: —
Expected Move: $3.90
7-DTE Move: $3.90
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 7
Put Volume: 15
P/C Volume: 2.143
BEARISH
Call OI: 14
Put OI: 9
P/C OI: 0.643
Total OI: 23

ATM Options Pricing

ATM Call: $1.90
ATM Put: $2.00
Call %: 5.1%
Put %: 5.3%

Chain Summary

Chain Volume: 22
Chain OI: 23
Last Updated: 10/22/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
ATM 5.2% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)42.2MediumOct 22
Straddle Price (30 DTE)$3.90Oct 22
Beta Analysis

Risk Metrics

Beta: 0.9114
Alpha: -22.55%
Correlation: 0.3148
R-Squared: 9.9%
Stock Volatility: 37.4%
Market Volatility: 12.9%

Analysis Details

Benchmark: SPY
Data Points: 235
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

AETH Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

6 filers67,357 shares$2.58M value
# Filer Shares Value % of Total % of Float Period
1 NAPA WEALTH MANAGEMENT 32,478 $1.56M 60.28% — 2025-09-30
2 Global Retirement Partners, LLC 20,019 $586.21K 22.72% — 2026-06-30
3 Susquehanna International Group, LLP Custodian 10,133 $296.72K 11.50% — 2026-06-30
4 Belvedere Trading LLC 4,324 $126.62K 4.91% — 2026-06-30
5 MATHER GROUP, LLC. 402 $15.11K 0.59% — 2026-09-30
6 Simplex Trading, LLC Custodian 1 $29 <0.01% — 2026-06-30
1 filers$225.48K notional
# Filer Notional Value % of Total Period
1 Belvedere Trading LLC $225.48K 100.00% 2026-06-30
1 filers$161.06K notional
# Filer Notional Value % of Total Period
1 Belvedere Trading LLC $161.06K 100.00% 2026-06-30
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
674.00
SI % of Float
0.39%
Days to Cover
1.00
Short Vol Ratio
5.7%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-02
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month