Bitwise Ethereum ETF (ETHW) Realized Profit and Loss
When coins left ETHW, was it at a profit or a loss?
Coins leave a fund when people cash out. This is what those coins had gained or lost.
Profit taken as coins left ETHW, each day
Dollars locked in each day by coins leaving ETHW above what they cost. A day with no bar has no figure. Estimates. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact.
Inspect and compare dates
Pick two dates to compare what coins leaving ETHW locked in on each day.
| Measure | Change | ||
|---|---|---|---|
| Profit taken | $7.26K | $1.07M | +$1.07M |
Right now
More was lost than gained: coins leaving ETHW over the past month locked in about $1.1 million of profit and $11 million of losses.
What left ETHW over the past month?
The 30 days to Sep 23, 2026.
Profit taken
Locked in by coins leaving above what they cost.
Losses
Given up by coins leaving below what they cost.
Coins moved
Coins that left. Leaving is not always selling.
About 14,300 ETH left ETHW over those 30 days.
How much of this can we see?
We can see a buy price for 94% of the coins ETHW holds.
Understanding
Bitwise Ethereum ETF (ETHW) Realized Profit and Loss
Where it stands today
Over the past month, coins leaving Bitwise Ethereum ETF (ETHW) locked in about $1.1 million of profit and $11 million of losses as of .
About 14,300 ETH left Bitwise Ethereum ETF (ETHW) over the past month as of .
Coins leave a fund when people cash out their shares: the fund gives up coins to pay them. Each coin that leaves has either gained or lost against what ETHW paid for it. Realized profit is the gain locked in when a coin leaves above its cost, and realized loss is the loss locked in when it leaves below.
The Coins moved tab counts the Ethereum that left ETHW each day, in ETH. Leaving is not always selling on the open market, so read it as coins going out of the fund rather than coins sold.
A month with more losses than profit means the coins going out, taken together, had been bought at a higher price than the day they left. It says what happened to the coins that left, not what the fund still holds: that is the What it paid page.
The numbers
behind the chart
What does the current reading show?
Profit taken: the latest reading is $1.1 million, on . The highest reading since is $8.4 million on ; the lowest is $0 on .
Losses: the latest reading is $11 million, on . The highest reading since is $12 million on ; the lowest is $2 thousand on .
Coins moved: the latest reading is 14,300 ETH, on . The highest reading since is 16,244 ETH on ; the lowest is 217 ETH on .
What coins leaving ETHW locked in each day, as profit or as losses, and how many Ethereum left. A day with no figure is left out.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Profit taken | $1.1 million | $8.4 million | $0 |
| Losses | $11 million | $12 million | $2 thousand |
| Coins moved | 14,300 ETH | 16,244 ETH | 217 ETH |
How do the readings compare with earlier dates?
| Reference date | Profit taken | Losses | Coins moved |
|---|---|---|---|
| 1 month ago | No reading | No reading | No reading |
| 3 months ago | No reading | No reading | No reading |
| 6 months ago | No reading | No reading | No reading |
| 1 year ago | $3.6 million | $546 thousand | 5,733 ETH |
| 2 years ago | No reading | No reading | No reading |
What was the reading at each month’s end?
| Reading date | Profit taken | Losses | Coins moved |
|---|---|---|---|
| No reading | No reading | No reading | |
| $7 thousand | $1.8 million | 1,363 ETH | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| $44 thousand | $1.6 million | 1,578 ETH | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
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| No reading | No reading | No reading | |
| $572 thousand | $435 thousand | 1,730 ETH | |
| No reading | No reading | No reading | |
| $4.7 million | $174 thousand | 5,430 ETH | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| $1 thousand | $434 thousand | 570 ETH | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading | |
| No reading | No reading | No reading |
Source: The money going into and out of ETHW each trading day, and Ethereum's price. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact. Reading for .



