ETH
  
  
      
        Grayscale Ethereum Mini Trust ETF
      
      
    
  185 hedge funds and large institutions have $88.6M invested in Grayscale Ethereum Mini Trust ETF in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 35 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
less funds holding
Funds holding: →
less ownership
Funds ownership: →
less first-time investments, than exits
New positions opened: | Existing positions closed:
71% less capital invested
Capital invested by funds: $306M → $88.6M (-$218M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
    
      Holders
    
  
  
    
      
        
      
        185
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        1
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $420K
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        –
      
    
      
    
  
Top Buyers
| 1 | +$3.17M | |
| 2 | +$1.74M | |
| 3 | +$1.51M | |
| 4 | 
      CAPTRUST Financial Advisors
     
      
        Raleigh,
      
      
        North Carolina
      
     | +$1.47M | 
| 5 | 
    VCM
   
      Verde Capital Management
     
      
        Clarkston,
      
      
        Michigan
      
     | +$849K | 
Top Sellers
| 1 | -$31.8M | |
| 2 | -$28.8M | |
| 3 | -$16.4M | |
| 4 | 
    AC
   
      Almitas Capital
     
      
        Santa Monica,
      
      
        California
      
     | -$16.2M | 
| 5 | 
    HI
   
      HBK Investments
     
      
        Dallas,
      
      
        Texas
      
     | -$10.8M | 
