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How much ether is in one share of ETHW?
Bitwise Ethereum ETF (ETHW), from Bitwise. Coins per share, fee, and a calculator for your shares.
As of Oct 22, 2026, one share of ETHW held 0.00714969 ETH. About 140 shares of ETHW equal one ETH.
Coin value of one share now: — at the current price per ETH.
ETHW calculator: shares to ETH, or ETH to shares
How the fee shrinks ETHW’s ether per share
| After | ETH per share | Coin lost to fees |
|---|---|---|
| 1 year | 0.00713541 | 0.20% |
| 5 years | 0.00707855 | 1.00% |
| 10 years | 0.00700812 | 1.98% |
Assumes the 0.20% fee stays the same. Compare fees across all funds.
Other spot ETH ETFs (by fee)
MSSE 0.14%ETH 0.15%EZET 0.19%ETHV 0.20%TETH 0.21%ETHA 0.25%ETHB 0.25%FETH 0.25%QETH 0.25%ETHE 2.50%
ETHW FAQ
How much ether is in one share of ETHW?
As of Oct 22, 2026, one share of ETHW held 0.00714969 ETH. About 140 shares of ETHW equal one ETH. Source: Bitwise.
How many shares of ETHW equal 1 ETH?
About 140 shares as of Oct 22, 2026. This rises slowly over time because the 0.20% fee is paid in ether.
What is the ETHW expense ratio?
ETHW charges 0.20% a year. It is the 4th cheapest of 11 spot ETH funds listed here.
Does ETHW stake its ether?
No. ETHW does not stake, so its ether per share only goes down over time, by roughly the fee each year.
Is ETHW the same as owning ether?
Not quite. ETHW holds ether for you and its price tracks the coin, but you own fund shares, pay the fee, and cannot withdraw the coin. Shares can trade a little above or below the value of the coins they hold.