Grayscale Ethereum Staking Mini ETF Shares
275 hedge funds and large institutions have $526M invested in Grayscale Ethereum Staking Mini ETF Shares in 2026 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 61 reducing their positions, and 60 closing their positions.
157% more call options, than puts
Call options by funds: $30M | Put options by funds: $11.6M
56% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 61
24% more capital invested
Capital invested by funds: $424M → $526M (+$102M)
11.95% more ownership
Funds ownership: 19.25% → 31.2% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
8% less funds holding
Funds holding: 299 → 275 (-24)
32% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$107M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$80.5M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$51.1M |
| 4 |
Morgan Stanley
New York
|
+$16.3M |
| 5 |
KC
Kaleidoscope Capital
Boston,
Massachusetts
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$17.4M |
| 2 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$11.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.55M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$6.41M |
| 5 |
Jane Street
New York
|
-$5.21M |
ETH Hedge Fund Activity: Q1 2026 in Review
275 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Grayscale Ethereum Staking Mini ETF Shares (ETH) for Q1 2026, worth a combined $526M — up 24% from $424M a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of ETH and 41 opened new positions — a net loss of 19 holders — while 61 trimmed existing stakes and 95 added.
The largest buyer was Susquehanna International Group, adding an estimated $107M. The largest seller was Logan Stone Capital, cutting an estimated $17.4M.
- 275 institutional investors held Grayscale Ethereum Staking Mini ETF Shares (ETH) as of Q1 2026, down from 299 in Q4 2025.
- Funds reported $526M of Grayscale Ethereum Staking Mini ETF Shares stock for Q1 2026, up 24% quarter-over-quarter.
- 41 funds opened new Grayscale Ethereum Staking Mini ETF Shares positions in Q1 2026 and 60 closed out, a net change of -19 holders.
- The largest Grayscale Ethereum Staking Mini ETF Shares buyer in Q1 2026 was Susquehanna International Group, an estimated $107M added.
- The largest Grayscale Ethereum Staking Mini ETF Shares seller in Q1 2026 was Logan Stone Capital, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2026.