Grayscale Ethereum Staking Mini ETF Shares
261 hedge funds and large institutions have $415M invested in Grayscale Ethereum Staking Mini ETF Shares in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 63 reducing their positions, and 36 closing their positions.
92% more call options, than puts
Call options by funds: $21M | Put options by funds: $10.9M
32% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 63
2.44% less ownership
Funds ownership: 31.18% → 28.74% (-2.4%)
5% less funds holding
Funds holding: 274 → 261 (-13)
17% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 36
21% less capital invested
Capital invested by funds: $525M → $415M (-$111M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kaleidoscope Capital
Boston,
Massachusetts
|
+$54.6M |
| 2 |
Goldman Sachs
New York
|
+$39.6M |
| 3 |
Jane Street
New York
|
+$11M |
| 4 |
Morgan Stanley
New York
|
+$6.87M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$39.2M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$25.8M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$23.6M |
| 4 |
MCM
Massar Capital Management
Stamford,
Connecticut
|
-$5.06M |
| 5 |
Renaissance Technologies
New York
|
-$3.31M |
ETH Hedge Fund Activity: Q2 2026 in Review
261 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Grayscale Ethereum Staking Mini ETF Shares (ETH) for Q2 2026, worth a combined $415M — down 21% from $525M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ETH and 30 opened new positions — a net loss of 6 holders — while 63 trimmed existing stakes and 83 added.
The largest buyer was Kaleidoscope Capital, adding an estimated $54.6M. The largest seller was Susquehanna International Group, cutting an estimated $39.2M.
- 261 institutional investors held Grayscale Ethereum Staking Mini ETF Shares (ETH) as of Q2 2026, down from 274 in Q1 2026.
- Funds reported $415M of Grayscale Ethereum Staking Mini ETF Shares stock for Q2 2026, down 21% quarter-over-quarter.
- 30 funds opened new Grayscale Ethereum Staking Mini ETF Shares positions in Q2 2026 and 36 closed out, a net change of -6 holders.
- The largest Grayscale Ethereum Staking Mini ETF Shares buyer in Q2 2026 was Kaleidoscope Capital, an estimated $54.6M added.
- The largest Grayscale Ethereum Staking Mini ETF Shares seller in Q2 2026 was Susquehanna International Group, an estimated $39.2M sold.
Based on aggregated 13F filings for Q2 2026.