PANews reported on October 1 that Bitwise Asset Management, a US cryptocurrency index fund management company, announced that its two pioneering Ethereum-themed ETFs are scheduled to start trading on October 2 (Monday): Bitwise Ethereum Strategy ETF (code: AETH) and Bitwise Bitcoin and Ethereum Equal Weight Strategy ETF (code: BTOP).

AETH invests in regulated CME Ethereum futures contracts, focusing on front-month contracts. BTOP invests in regulated CME Bitcoin futures contracts and CME Ethereum futures contracts (equal exposure). AETH and BTOP do not directly invest/hold Bitcoin or Ethereum. The fund custodian of both ETFs is Bank of New York Mellon, and the expense ratio is 0.85%.