Grayscale Ethereum Staking Mini ETF Shares
185 hedge funds and large institutions have $88.6M invested in Grayscale Ethereum Staking Mini ETF Shares in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 38 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
7% less funds holding
Funds holding: 199 → 185 (-14)
8.69% less ownership
Funds ownership: 19.31% → 10.62% (-8.7%)
18% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 38
71% less capital invested
Capital invested by funds: $307M → $88.6M (-$218M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
+$4.57M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.5M |
| 3 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$2.17M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.11M |
| 5 |
VCM
Verde Capital Management
Clarkston,
Michigan
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$41.5M |
| 2 |
D.E. Shaw & Co
New York
|
-$31.8M |
| 3 |
EC
Elequin Capital
New York
|
-$23.6M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$16.2M |
| 5 |
Millennium Management
New York
|
-$11.9M |
ETH Hedge Fund Activity: Q1 2025 in Review
185 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Grayscale Ethereum Staking Mini ETF Shares (ETH) for Q1 2025, worth a combined $88.6M — down 71% from $307M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of ETH and 31 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 46 added.
The largest buyer was DRW Securities, opening a new position worth an estimated $4.57M. The largest seller was Jane Street, cutting an estimated $41.5M.
- 185 institutional investors held Grayscale Ethereum Staking Mini ETF Shares (ETH) as of Q1 2025, down from 199 in Q4 2024.
- Funds reported $88.6M of Grayscale Ethereum Staking Mini ETF Shares stock for Q1 2025, down 71% quarter-over-quarter.
- 31 funds opened new Grayscale Ethereum Staking Mini ETF Shares positions in Q1 2025 and 38 closed out, a net change of -7 holders.
- The largest Grayscale Ethereum Staking Mini ETF Shares buyer in Q1 2025 was DRW Securities, an estimated $4.57M added.
- The largest Grayscale Ethereum Staking Mini ETF Shares seller in Q1 2025 was Jane Street, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2025.