VanEck Ethereum ETF
ETHV
32 hedge funds and large institutions have $60.2M invested in VanEck Ethereum ETF in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
1,200% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 2
300% more funds holding
Funds holding: 8 → 32 (+24)
172% more capital invested
Capital invested by funds: $22.2M → $60.2M (+$38M)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
18.75% less ownership
Funds ownership: 18.75% → 0% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$4.14M |
| 2 |
VF
Virtu Financial
New York
|
+$3.26M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$3.17M |
| 4 |
HHGC
Hunting Hill Global Capital
New York
|
+$2.61M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.49M |
| 2 |
EC
Elequin Capital
New York
|
-$422K |
| 3 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$251K |
| 4 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $55.8K | +$52.6K | +915 | New |
|
|
MFT
27
Moisand Fitzgerald Tamayo
Orlando,
Florida
| $48.3K | +$45.5K | +792 | New |
|
|
FFA
28
Farther Finance Advisors
San Francisco,
California
| $43K | +$40.5K | +706 | New |
|
29
Wells Fargo
San Francisco,
California
| $21.3K | +$20.1K | +350 | New |
|
|
SPIA
30
Steward Partners Investment Advisory
New York
| $18.3K | +$17.3K | +301 | New |
|
|
CAM
31
Creekmur Asset Management
Morton,
Illinois
| $2.38K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $670 | +$632 | +11 | New |
|
|
EC
33
Elequin Capital
New York
| – | -$422K | -11,443 | Closed |
|
|
OWA
34
Opal Wealth Advisors
Jericho,
New York
| – | -$28K | -759 | Closed |
|
ETHV Hedge Fund Activity: Q3 2025 in Review
32 of the 7,626 institutional investors tracked by Wall St. Rank reported a position in VanEck Ethereum ETF (ETHV) for Q3 2025, worth a combined $60.2M — up 172% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ETHV positions and 2 closed out — a net gain of 24 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was HBK Investments, opening a new position worth an estimated $4.14M. The largest seller was Susquehanna International Group, cutting an estimated $4.49M.
- 32 institutional investors held VanEck Ethereum ETF (ETHV) as of Q3 2025, up from 8 in Q2 2025.
- Funds reported $60.2M of VanEck Ethereum ETF stock for Q3 2025, up 172% quarter-over-quarter.
- 26 funds opened new VanEck Ethereum ETF positions in Q3 2025 and 2 closed out, a net change of +24 holders.
- The largest VanEck Ethereum ETF buyer in Q3 2025 was HBK Investments, an estimated $4.14M added.
- The largest VanEck Ethereum ETF seller in Q3 2025 was Susquehanna International Group, an estimated $4.49M sold.
Based on aggregated 13F filings for Q3 2025.