Bitwise Bitcoin and Ether Equal Weight Strategy ETF
BTOP
BTOP was delisted on the 21st of May, 2026.
3 hedge funds and large institutions have $748K invested in Bitwise Bitcoin and Ether Equal Weight Strategy ETF in 2025 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
9.56% less ownership
Funds ownership: 26.02% → 16.47% (-9.6%)
25% less funds holding
Funds holding: 4 → 3 (-1)
25% less capital invested
Capital invested by funds: $1M → $748K (-$255K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$397K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$20.3K |
| 3 |
NWM
Nova Wealth Management
Bonita Springs,
Florida
|
-$3.05K |
BTOP Hedge Fund Activity: Q2 2025 in Review
3 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) for Q2 2025, worth a combined $748K — down 25% from $1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of BTOP and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Jane Street, cutting an estimated $397K.
- 3 institutional investors held Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) as of Q2 2025, down from 4 in Q1 2025.
- Funds reported $748K of Bitwise Bitcoin and Ether Equal Weight Strategy ETF stock for Q2 2025, down 25% quarter-over-quarter.
- 0 funds opened new Bitwise Bitcoin and Ether Equal Weight Strategy ETF positions in Q2 2025 and 1 closed out, a net change of -1 holder.
- The largest Bitwise Bitcoin and Ether Equal Weight Strategy ETF seller in Q2 2025 was Jane Street, an estimated $397K sold.
Based on aggregated 13F filings for Q2 2025.