Bitwise Bitcoin and Ether Equal Weight Strategy ETF
BTOP
BTOP was delisted on the 21st of May, 2026.
4 hedge funds and large institutions have $1M invested in Bitwise Bitcoin and Ether Equal Weight Strategy ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
197% more capital invested
Capital invested by funds: $338K → $1M (+$666K)
19.57% more ownership
Funds ownership: 6.45% → 26.02% (+20%)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
100% less call options, than puts
Call options by funds: $5K | Put options by funds: $11.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$865K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$19.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.6K |
| 2 |
NWM
Nova Wealth Management
Bonita Springs,
Florida
|
-$4.52K |
BTOP Hedge Fund Activity: Q1 2025 in Review
4 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) for Q1 2025, worth a combined $1M — up 197% from $338K a quarter earlier.
Fund positioning in BTOP was balanced in Q1 2025: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $865K. The largest seller was Fidelity Investments, exiting entirely with an estimated $15.6K sold.
- 4 institutional investors held Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $1M of Bitwise Bitcoin and Ether Equal Weight Strategy ETF stock for Q1 2025, up 197% quarter-over-quarter.
- 1 fund opened new Bitwise Bitcoin and Ether Equal Weight Strategy ETF positions in Q1 2025 and 1 closed out, a net change of 0 holders.
- The largest Bitwise Bitcoin and Ether Equal Weight Strategy ETF buyer in Q1 2025 was Jane Street, an estimated $865K added.
- The largest Bitwise Bitcoin and Ether Equal Weight Strategy ETF seller in Q1 2025 was Fidelity Investments, an estimated $15.6K sold.
Based on aggregated 13F filings for Q1 2025.