Bitwise Ethereum ETF
ETHW
44 hedge funds and large institutions have $203M invested in Bitwise Ethereum ETF in 2024 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 8 closing their positions.
499% more capital invested
Capital invested by funds: $33.8M → $203M (+$169M)
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
63% more funds holding
Funds holding: 27 → 44 (+17)
36.8% more ownership
Funds ownership: 13.28% → 50.07% (+37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
+$34.5M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$2.47M |
| 3 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
+$1.42M |
| 4 |
Betterment LLC
New York
|
+$983K |
| 5 |
IC
IEQ Capital
Foster City,
California
|
+$760K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.4M |
| 2 |
Jane Street
New York
|
-$2.24M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.19M |
| 4 |
VF
Virtu Financial
New York
|
-$1.09M |
| 5 |
Millennium Management
New York
|
-$547K |
ETHW Hedge Fund Activity: Q4 2024 in Review
44 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Bitwise Ethereum ETF (ETHW) for Q4 2024, worth a combined $203M — up 499% from $33.8M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ETHW positions and 8 closed out — a net gain of 17 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Elequin Capital, opening a new position worth an estimated $34.5M. The largest seller was Susquehanna International Group, cutting an estimated $10.4M.
- 44 institutional investors held Bitwise Ethereum ETF (ETHW) as of Q4 2024, up from 27 in Q3 2024.
- Funds reported $203M of Bitwise Ethereum ETF stock for Q4 2024, up 499% quarter-over-quarter.
- 25 funds opened new Bitwise Ethereum ETF positions in Q4 2024 and 8 closed out, a net change of +17 holders.
- The largest Bitwise Ethereum ETF buyer in Q4 2024 was Elequin Capital, an estimated $34.5M added.
- The largest Bitwise Ethereum ETF seller in Q4 2024 was Susquehanna International Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2024.