We are live on ! Find out more
ETHA

iShares Ethereum Trust ETF
ETHA

237 hedge funds and large institutions have $1.48B invested in iShares Ethereum Trust ETF in 2025 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 82 increasing their positions, 37 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more funds holding in top 10

Funds holding in top 10: 1 → 9 (+8)

195% more capital invested

Capital invested by funds: $502M → $1.48B (+$982M)

159% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 27

159% more call options, than puts

Call options by funds: $199M | Put options by funds: $76.7M

122% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 37

78.28% more ownership

Funds ownership: 22.91% → 101.19% (+78%)

22% more funds holding

Funds holding: 194 → 237 (+43)

Holders
237
Holders Change
+43
Holders Change %
+22.16%
% of All Funds
3.12%
Holding in Top 10
9
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+800%
% of All Funds
0.12%
New
70
Increased
82
Reduced
37
Closed
27
Calls
$199M
Puts
$76.7M
Net Calls
+$122M
Net Calls Change
+$122M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$306M
2
Millennium Management
Millennium Management
New York
+$96.6M
3
Jane Street
Jane Street
New York
+$62.9M
4
CM
Capula Management
Cayman Islands
+$58.9M
5
SSA
Schonfeld Strategic Advisors
New York
+$27.9M

Top Sellers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$28.5M
2
DS
DRW Securities
Illinois
-$15M
3
AMH
Apollo Management Holdings
New York
-$9.19M
4
ECM
ExodusPoint Capital Management
New York
-$6.81M
5
VanEck Associates
VanEck Associates
New York
-$5.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
LSIA
51
LaSalle St. Investment Advisors
Illinois
$1.91M +$1.33M +80,000 +400%
Cetera Investment Advisers
52
Cetera Investment Advisers
Illinois
$1.87M +$1.63M +98,145 New
IAS
53
Insigneo Advisory Services
Florida
$1.87M +$27.8K +1,673 +2%
Financial Engines Advisors
54
Financial Engines Advisors
California
$1.8M +$14.5K +875 +0.9%
PAP
55
Persistent Asset Partners
Hong Kong
$1.64M +$1.43M +85,897 New
CF
56
Cantor Fitzgerald
New York
$1.59M -$217K -13,024 -13%
JGC
57
J. Goldman & Co
New York
$1.57M +$1.37M +82,502 New
CAM
58
Cobblestone Asset Management
Virginia
$1.45M +$296K +17,798 +31%
RCM
59
Requisite Capital Management
Texas
$1.42M -$29.6K -1,778 -2%
IFG
60
Independent Financial Group
California
$1.37M +$1.2M +72,065 New
FP
61
FFG Partners
Florida
$1.35M +$1.17M +70,600 New
GRP
62
Global Retirement Partners
California
$1.32M +$1.15M +69,314 New
KWA
63
Kingswood Wealth Advisors
California
$1.31M +$115K +6,940 +11%
BPA
64
Beacon Pointe Advisors
California
$1.29M -$147K -8,830 -12%
Wolverine Trading
65
Wolverine Trading
Illinois
$1.24M +$1.13M +68,093 New
HighTower Advisors
66
HighTower Advisors
Illinois
$1.23M +$533K +32,034 +99%
MML Investors Services
67
MML Investors Services
Massachusetts
$1.16M +$167K +10,052 +20%
CAIMH
68
Central Asset Investments & Management Holdings
Hong Kong
$1.14M +$485K +29,200 +96%
MA
69
Mutual Advisors
Nebraska
$1.1M +$664K +39,963 New
FA
70
Fountainhead AM
New Jersey
$1.1M +$6.93K +417 +0.7%
TIM
71
Total Investment Management
Arizona
$1.06M +$702K +42,240 +317%
Creative Planning
72
Creative Planning
Kansas
$1.02M +$139K +8,340 +18%
IMC Chicago
73
IMC Chicago
Illinois
$1M -$1.88M -112,820 -68%
BlackRock
74
BlackRock
New York
$975K +$850K +51,124 New
MSCM
75
McElhenny Sheffield Capital Management
Texas
$944K – – –
1 2
3
4 5

ETHA Hedge Fund Activity: Q2 2025 in Review

237 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares Ethereum Trust ETF (ETHA) for Q2 2025, worth a combined $1.48B — up 195% from $502M a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new ETHA positions and 27 closed out — a net gain of 43 holders — while 82 added to existing stakes and 37 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $306M. The largest seller was Envestnet Asset Management, cutting an estimated $28.5M.

  • 237 institutional investors held iShares Ethereum Trust ETF (ETHA) as of Q2 2025, up from 194 in Q1 2025.
  • Funds reported $1.48B of iShares Ethereum Trust ETF stock for Q2 2025, up 195% quarter-over-quarter.
  • 70 funds opened new iShares Ethereum Trust ETF positions in Q2 2025 and 27 closed out, a net change of +43 holders.
  • The largest iShares Ethereum Trust ETF buyer in Q2 2025 was Goldman Sachs, an estimated $306M added.
  • The largest iShares Ethereum Trust ETF seller in Q2 2025 was Envestnet Asset Management, an estimated $28.5M sold.

Based on aggregated 13F filings for Q2 2025.