Fidelity Ethereum Fund
FETH
147 hedge funds and large institutions have $1.23B invested in Fidelity Ethereum Fund in 2025 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 38 increasing their positions, 12 reducing their positions, and 9 closing their positions.
789% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 9
217% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 12
161% more capital invested
Capital invested by funds: $471M → $1.23B (+$756M)
91% more funds holding
Funds holding: 77 → 147 (+70)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
41% more call options, than puts
Call options by funds: $30M | Put options by funds: $21.3M
44.34% less ownership
Funds ownership: 44.34% → 0% (-44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$147M |
| 2 |
Millennium Management
New York
|
+$90.2M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$41.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$35.4M |
| 5 |
KC
Kaleidoscope Capital
Boston,
Massachusetts
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$20M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$4.54M |
| 3 |
Jane Street
New York
|
-$2.69M |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.28M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFG
151
Allegheny Financial Group
Pittsburgh,
Pennsylvania
| – | -$527K | -20,932 | Closed |
|
|
BJL
152
Brighton Jones LLC
Seattle,
Washington
| – | -$276K | -10,960 | Closed |
|
|
HT
153
Headlands Technologies
Chicago,
Illinois
| – | -$33.5K | -1,330 | Closed |
|
|
BFP
154
Briaud Financial Planning
College Station,
Texas
| – | -$11K | -446 | Closed |
|
|
CW
155
Curio Wealth
Annapolis,
Maryland
| – | -$3.2K | -127 | Closed |
|
156
Raymond James Financial
St Petersburg,
Florida
| – | -$1.21K | -48 | Closed |
|
FETH Hedge Fund Activity: Q3 2025 in Review
147 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Fidelity Ethereum Fund (FETH) for Q3 2025, worth a combined $1.23B — up 161% from $471M a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new FETH positions and 9 closed out — a net gain of 71 holders — while 38 added to existing stakes and 12 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $147M. The largest seller was Elequin Capital, exiting entirely with an estimated $20M sold.
- 147 institutional investors held Fidelity Ethereum Fund (FETH) as of Q3 2025, up from 77 in Q2 2025.
- Funds reported $1.23B of Fidelity Ethereum Fund stock for Q3 2025, up 161% quarter-over-quarter.
- 80 funds opened new Fidelity Ethereum Fund positions in Q3 2025 and 9 closed out, a net change of +71 holders.
- The largest Fidelity Ethereum Fund buyer in Q3 2025 was Goldman Sachs, an estimated $147M added.
- The largest Fidelity Ethereum Fund seller in Q3 2025 was Elequin Capital, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2025.