Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Bitwise Ethereum ETF files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
Operating expenses
0.7
Income tax
0
Net income
-54.7
Balance sheet
FY2025
Cash and equivalents
0
Total assets
344
Total liabilities
0.06
Shares outstanding
16.2
Cash flow statement
FY2025
Net income
-54.7
Cash from operations
6.11
Stock issued
579
Share buybacks
-585
Cash from financing
-6.11
Net change in cash
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $19.24 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-78.4%
Net income / average total assets.
Balance sheet health
Metric
Value
How it is calculated
Liabilities / assets
0.0%
Total liabilities / total assets.
Valuation
Metric
Value
How it is calculated
Market cap
$286.1M
Share price x shares outstanding.
Enterprise value
$286.1M
Market cap + total debt - cash - short-term investments.
Earnings yield
-46.2%
Net income / market cap (the inverse of P/E).
Shareholder yield
206.6%
(Dividends paid + share buybacks) / market cap.
Was Bitwise Ethereum ETF profitable in fiscal 2025?
No. It reported a net loss of $54.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.