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ETHA

iShares Ethereum Trust ETF

503 hedge funds and large institutions have $3.4B invested in iShares Ethereum Trust ETF in 2025 Q4 according to their latest regulatory filings, with 145 funds opening new positions, 176 increasing their positions, 116 reducing their positions, and 134 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more repeat investments, than reductions

Existing positions increased: 176 | Existing positions reduced: 116

19% more call options, than puts

Call options by funds: $1.09B | Put options by funds: $914M

8% more first-time investments, than exits

New positions opened: 145 | Existing positions closed: 134

1% less funds holding

Funds holding: 506503 (-3)

40% less funds holding in top 10

Funds holding in top 10: 3018 (-12)

48% less capital invested

Capital invested by funds: $6.5B → $3.4B (-$3.1B)

71.29% less ownership

Funds ownership: 269.09%197.79% (-71%)

Holders
503
Holders Change
-3
Holders Change %
-0.59%
% of All Funds
6.12%
Holding in Top 10
18
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-40%
% of All Funds
0.22%
New
145
Increased
176
Reduced
116
Closed
134
Calls
$1.09B
Puts
$914M
Net Calls
+$172M
Net Calls Change
+$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$613M -$390M -14,919,049 -35%
Millennium Management
2
Millennium Management
New York
$563M -$231M -8,835,366 -26%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$277M +$166M +6,329,105 +105%
CM
4
Capula Management
Cayman Islands
$207M +$9.39M +358,942 +4%
SSA
5
Schonfeld Strategic Advisors
New York
$163M -$89.9M -3,437,760 -32%
Jane Street
6
Jane Street
New York
$133M -$414M -15,810,817 -73%
Citadel Advisors
7
Citadel Advisors
Florida
$97.2M +$77.9M +2,977,832 +219%
HMC
8
Harvard Management Company
Massachusetts
$86.8M +$101M +3,870,900 New
Macquarie Group
9
Macquarie Group
Australia
$81.5M +$61.4M +2,347,070 +182%
MG
10
Marex Group
$63.8M +$41.4M +1,584,111 +126%
Cerity Partners
11
Cerity Partners
New York
$50.7M +$32.7M +1,249,941 +124%
WAM
12
Weiss Asset Management
Massachusetts
$47.6M -$152M -5,813,764 -73%
CS
13
Clear Street
New York
$41.7M -$38.8M -1,484,855 -44%
Morgan Stanley
14
Morgan Stanley
New York
$34.2M +$11.6M +443,847 +41%
FCM
15
Farallon Capital Management
California
$33.2M -$156M -5,969,729 -80%
YRHAM
16
Yong Rong (HK) Asset Management
Hong Kong
$32.9M -$3.87M -147,900 -9%
LPL Financial
17
LPL Financial
California
$31.7M +$4.55M +174,036 +14%
KC
18
Kaleidoscope Capital
Massachusetts
$31.3M +$990K +37,864 +3%
BlackRock
19
BlackRock
New York
$27.7M -$263K -10,055 -0.8%
TGCMU
20
Titan Global Capital Management USA
New York
$27.6M -$443K -16,938 -1%
TI
21
Tidal Investments
Wisconsin
$26.5M +$13M +496,532 +72%
IMC Chicago
22
IMC Chicago
Illinois
$24.3M +$28.3M +1,081,343 New
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$23.7M -$300M -11,483,000 -92%
Barclays
24
Barclays
United Kingdom
$23.4M +$23.8M +909,769 +687%
LP
25
LMR Partners
United Kingdom
$21.1M +$18.2M +696,800 +287%