Grayscale Ethereum Staking ETF Shares
ETHE
263 hedge funds and large institutions have $143M invested in Grayscale Ethereum Staking ETF Shares in 2026 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 58 increasing their positions, 77 reducing their positions, and 63 closing their positions.
41% more call options, than puts
Call options by funds: $42.4M | Put options by funds: $30.2M
0.63% less ownership
Funds ownership: 8.6% → 7.97% (-0.63%)
13% less funds holding
Funds holding: 302 → 263 (-39)
25% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 77
40% less capital invested
Capital invested by funds: $239M → $143M (-$96.6M)
52% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 63
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.38M |
| 3 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
+$4.12M |
| 4 |
Jane Street
New York
|
+$2.91M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI
Turner Capital Investments
Austin,
Texas
|
-$36.1M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$12.3M |
| 3 |
RBC
Rye Brook Capital
Greenwich,
Connecticut
|
-$3.4M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.33M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.6M |
ETHE Hedge Fund Activity: Q1 2026 in Review
263 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Grayscale Ethereum Staking ETF Shares (ETHE) for Q1 2026, worth a combined $143M — down 40% from $239M a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of ETHE and 30 opened new positions — a net loss of 33 holders — while 77 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $11.1M. The largest seller was Turner Capital Investments, exiting entirely with an estimated $36.1M sold.
- 263 institutional investors held Grayscale Ethereum Staking ETF Shares (ETHE) as of Q1 2026, down from 302 in Q4 2025.
- Funds reported $143M of Grayscale Ethereum Staking ETF Shares stock for Q1 2026, down 40% quarter-over-quarter.
- 30 funds opened new Grayscale Ethereum Staking ETF Shares positions in Q1 2026 and 63 closed out, a net change of -33 holders.
- The largest Grayscale Ethereum Staking ETF Shares buyer in Q1 2026 was Morgan Stanley, an estimated $11.1M added.
- The largest Grayscale Ethereum Staking ETF Shares seller in Q1 2026 was Turner Capital Investments, an estimated $36.1M sold.
Based on aggregated 13F filings for Q1 2026.