CoinShares Bitcoin and Ether ETF
11 hedge funds and large institutions have $8.55M invested in CoinShares Bitcoin and Ether ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
2.03% more ownership
Funds ownership: 4.94% → 6.97% (+2%)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
15% less capital invested
Capital invested by funds: $10.1M → $8.55M (-$1.54M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$10.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.43M |
| 3 |
Jane Street
New York
|
+$1.75M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$658K |
| 5 |
SDH
Sloy Dahl & Holst
Vancouver,
Washington
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Torno Capital
Cohasset,
Massachusetts
|
-$3.47M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$318K |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$175K |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$56.2K |
| 5 |
AF
Allworth Financial
Folsom,
California
|
-$55.6K |
BTF Hedge Fund Activity: Q4 2025 in Review
11 of the 8,252 institutional investors tracked by Wall St. Rank reported a position in CoinShares Bitcoin and Ether ETF (BTF) for Q4 2025, worth a combined $8.55M — down 15% from $10.1M a quarter earlier.
Fund positioning in BTF was balanced in Q4 2025: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $10.5M. The largest seller was Torno Capital, exiting entirely with an estimated $3.47M sold.
- 11 institutional investors held CoinShares Bitcoin and Ether ETF (BTF) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $8.55M of CoinShares Bitcoin and Ether ETF stock for Q4 2025, down 15% quarter-over-quarter.
- 5 funds opened new CoinShares Bitcoin and Ether ETF positions in Q4 2025 and 5 closed out, a net change of 0 holders.
- The largest CoinShares Bitcoin and Ether ETF buyer in Q4 2025 was Citadel Advisors, an estimated $10.5M added.
- The largest CoinShares Bitcoin and Ether ETF seller in Q4 2025 was Torno Capital, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2025.