# Bitwise Physical Ethereum ETP (BETI)

**Source:** https://fundology.uk/fund/beti · ISIN DE000A3GMKD7 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 05/10/2026, BETI (Bitwise Physical Ethereum ETP, ISIN DE000A3GMKD7) closed at £18.79 on the London Stock Exchange. Its ongoing charge is 1.49% a year (about £149 on £10,000). Over the five years to 05/10/2026 its total return was −26.6%, or −42.6% after UK CPIH inflation.

## Summary

Bitwise Physical Ethereum ETP is an exchange-traded product from Bitwise, launched in 2021. It tracks the Bloomberg Cryptocurrency Fixing for Ethereum - USD - Benchmark Price Return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 1.49% a year — about £149 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Crypto:** Cryptoassets are high-risk and largely unregulated in the UK. Prices can rise and fall very sharply, and you could lose all the money you put in.

Latest close: **£18.79** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BETI |
| ISIN | DE000A3GMKD7 |
| Category | Crypto |
| Type | ETN / ETP |
| Provider | Bitwise |
| Tracks | Bloomberg Cryptocurrency Fixing for Ethereum - USD - Benchmark Price Return |
| Income | Accumulating |
| Ongoing charge | 1.49% a year (£149 per £10,000) |
| Fund size | £60.6m |
| Launched | 2021 |
| Domicile | Germany |

## Past returns (periods to 05/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -37.91% | -39.86% | income reinvested |
| 3 years | +45.57% | +31.36% | income reinvested |
| 5 years | -26.60% | -42.62% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Bitwise Physical Ethereum ETP 1.49% a year, as of 03/10/2026: 4 of the 15 other crypto products charge more, 0 the same and 11 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **1.49%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of BETI?**

The ongoing charge of BETI is 1.49% a year — about £149 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Bitwise Physical Ethereum ETP 1.49% a year, as of 03/10/2026: 4 of the 15 other crypto products charge more, 0 the same and 11 less (share classes counted once).

**What does BETI track?**

BETI tracks the Bloomberg Cryptocurrency Fixing for Ethereum - USD - Benchmark Price Return.

**Is BETI accumulating or distributing?**

BETI is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of BETI?**

The ISIN of BETI is DE000A3GMKD7. An ISIN identifies one exact share class of a fund; BETI is its ticker on the London Stock Exchange.

**How has BETI done after inflation?**

Over the five years to 05/10/2026 BETI’s total return was −26.6%, or −42.6% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.