2x Ether ETF
ETHU
31 hedge funds and large institutions have $36.1M invested in 2x Ether ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 22 closing their positions.
207% more capital invested
Capital invested by funds: $11.8M → $36.1M (+$24.4M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more call options, than puts
Call options by funds: $79.9M | Put options by funds: $44.2M
3.26% more ownership
Funds ownership: 0.14% → 3.41% (+3.3%)
18% less funds holding
Funds holding: 38 → 31 (-7)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$8.19M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
+$4.3M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.75M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$654K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$403K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.09M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$732K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$680K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$650K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$532K |
ETHU Hedge Fund Activity: Q2 2025 in Review
31 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in 2x Ether ETF (ETHU) for Q2 2025, worth a combined $36.1M — up 207% from $11.8M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ETHU and 15 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $8.19M. The largest seller was Jane Street, cutting an estimated $1.09M.
- 31 institutional investors held 2x Ether ETF (ETHU) as of Q2 2025, down from 38 in Q1 2025.
- Funds reported $36.1M of 2x Ether ETF stock for Q2 2025, up 207% quarter-over-quarter.
- 15 funds opened new 2x Ether ETF positions in Q2 2025 and 22 closed out, a net change of -7 holders.
- The largest 2x Ether ETF buyer in Q2 2025 was Virtu Financial, an estimated $8.19M added.
- The largest 2x Ether ETF seller in Q2 2025 was Jane Street, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2025.