iShares Ethereum Trust ETF
ETHA
490 hedge funds and large institutions have $1.5B invested in iShares Ethereum Trust ETF in 2026 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 202 increasing their positions, 101 reducing their positions, and 102 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 101
14% more call options, than puts
Call options by funds: $713M | Put options by funds: $625M
10% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 102
3% less funds holding
Funds holding: 507 → 490 (-17)
12.9% less ownership
Funds ownership: 34.34% → 21.43% (-13%)
56% less funds holding in top 10
Funds holding in top 10: 18 → 8 (-10)
56% less capital invested
Capital invested by funds: $3.4B → $1.5B (-$1.9B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$93.1M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$60.1M |
| 3 |
Morgan Stanley
New York
|
+$23.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$15.9M |
| 5 |
NIM
NEOS Investment Management
Westport,
Connecticut
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$364M |
| 2 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
-$207M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$167M |
| 4 |
Millennium Management
New York
|
-$156M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$131M |
ETHA Hedge Fund Activity: Q1 2026 in Review
490 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in iShares Ethereum Trust ETF (ETHA) for Q1 2026, worth a combined $1.5B — down 56% from $3.4B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of ETHA and 92 opened new positions — a net loss of 10 holders — while 101 trimmed existing stakes and 202 added.
The largest buyer was Jane Street, adding an estimated $93.1M. The largest seller was Goldman Sachs, cutting an estimated $364M.
- 490 institutional investors held iShares Ethereum Trust ETF (ETHA) as of Q1 2026, down from 507 in Q4 2025.
- Funds reported $1.5B of iShares Ethereum Trust ETF stock for Q1 2026, down 56% quarter-over-quarter.
- 92 funds opened new iShares Ethereum Trust ETF positions in Q1 2026 and 102 closed out, a net change of -10 holders.
- The largest iShares Ethereum Trust ETF buyer in Q1 2026 was Jane Street, an estimated $93.1M added.
- The largest iShares Ethereum Trust ETF seller in Q1 2026 was Goldman Sachs, an estimated $364M sold.
Based on aggregated 13F filings for Q1 2026.