State of Michigan Retirement System’s Grayscale Ethereum Staking ETF Shares ETHE Stock Holding History

State of Michigan Retirement System’s Portfolio ETHE Stock Details ETHE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$5.87M	Hold	460,000	–	–	0.03%	427
2026 Q1	$7.85M	Hold	460,000	–	–	0.04%	333
2025 Q4	$11.2M	Hold	460,000	–	–	0.05%	263
2025 Q3	$15.8M	Hold	460,000	–	–	0.08%	216
2025 Q2	$9.6M	Hold	460,000	–	–	0.05%	287
2025 Q1	$7M	Hold	460,000	–	–	0.04%	345
2024 Q4	$12.9M	Hold	460,000	–	–	0.07%	232
2024 Q3	$10.1M	Buy	+460,000	New	+$10.3M	0.05%	287

Other funds holding ETHE

Virtu Financial New York $3.18B AUM 65.92% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.91% 1-Year Est. Return

IAN

Integrated Advisors Network Dallas, Texas $2.18B AUM 30.3% 1-Year Est. Return

ROC

Robertson Opportunity Capital Dallas, Texas $258M AUM 21.5% 1-Year Est. Return

Wealthfront Advisers Palo Alto, California $52B AUM 24.53% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

TAM

Titleist Asset Management San Antonio, Texas $1.49B AUM 22.27% 1-Year Est. Return

PPW

Pasadena Private Wealth Pasadena, California $786M AUM 19.96% 1-Year Est. Return

RBF Capital San Francisco, California $2.41B AUM 39.41% 1-Year Est. Return

State of Michigan Retirement System's ETHE Position: Q2 2026 in Review

State of Michigan Retirement System held its Grayscale Ethereum Staking ETF Shares (ETHE) position steady in Q2 2026 at 460,000 shares worth $5.87M. The position accounts for 0.03% of the portfolio, ranked #427.

State of Michigan Retirement System first reported a position in ETHE in Q3 2024 and has held it in 8 quarters since. The position peaked at $15.8M in Q3 2025. 254 funds tracked by Wall St. Rank hold ETHE as of Q2 2026.

State of Michigan Retirement System held 460,000 shares of Grayscale Ethereum Staking ETF Shares worth $5.87M as of Q2 2026.
State of Michigan Retirement System left its Grayscale Ethereum Staking ETF Shares share count unchanged in Q2 2026.
Grayscale Ethereum Staking ETF Shares made up 0.03% of State of Michigan Retirement System's portfolio in Q2 2026, its #427 holding.
State of Michigan Retirement System first reported a position in Grayscale Ethereum Staking ETF Shares in Q3 2024 and has held it in 8 quarters since.
State of Michigan Retirement System's Grayscale Ethereum Staking ETF Shares position peaked at $15.8M in Q3 2025.
254 funds tracked by Wall St. Rank held Grayscale Ethereum Staking ETF Shares as of Q2 2026.

Based on State of Michigan Retirement System's 13F filing for Q2 2026, filed 30 Jul 2026.