Bitwise Ethereum ETF
ETHW
91 hedge funds and large institutions have $40.1M invested in Bitwise Ethereum ETF in 2026 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 16 closing their positions.
66% more capital inflows, than outflows
Capital inflows: $13.6M | Capital outflows: $8.21M
66% more call options, than puts
Call options by funds: $217K | Put options by funds: $131K
2.84% more ownership
Funds ownership: 21.38% → 24.22% (+2.8%)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
8% less funds holding
Funds holding: 99 → 91 (-8)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.77M |
| 3 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$1.4M |
| 4 |
Arax Advisory Partners
Denver,
Colorado
|
+$739K |
| 5 |
Sanctuary Advisors
Indianapolis,
Indiana
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.04M |
| 2 |
UW
Unique Wealth
Clearwater,
Florida
|
-$904K |
| 3 |
RBFC
Roman Butler Fullerton & Co
St Louis,
Missouri
|
-$412K |
| 4 |
Renaissance Technologies
New York
|
-$366K |
| 5 |
Belpointe Asset Management
Reno,
Nevada
|
-$363K |
ETHW Hedge Fund Activity: Q2 2026 in Review
91 of the 8,353 institutional investors tracked by Wall St. Rank reported a position in Bitwise Ethereum ETF (ETHW) for Q2 2026, worth a combined $40.1M — down 18% from $49M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ETHW and 12 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 30 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $3.74M. The largest seller was Susquehanna International Group, cutting an estimated $3.04M.
- 91 institutional investors held Bitwise Ethereum ETF (ETHW) as of Q2 2026, down from 99 in Q1 2026.
- Funds reported $40.1M of Bitwise Ethereum ETF stock for Q2 2026, down 18% quarter-over-quarter.
- 12 funds opened new Bitwise Ethereum ETF positions in Q2 2026 and 16 closed out, a net change of -4 holders.
- The largest Bitwise Ethereum ETF buyer in Q2 2026 was Virtu Financial, an estimated $3.74M added.
- The largest Bitwise Ethereum ETF seller in Q2 2026 was Susquehanna International Group, an estimated $3.04M sold.
Based on aggregated 13F filings for Q2 2026.