Fidelity Ethereum Fund
FETH
67 hedge funds and large institutions have $815M invested in Fidelity Ethereum Fund in 2024 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 6 closing their positions.
535% more capital invested
Capital invested by funds: $128M → $815M (+$686M)
433% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 6
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
63% more funds holding
Funds holding: 41 → 67 (+26)
17.74% more ownership
Funds ownership: 35.27% → 53.01% (+18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$284M |
| 2 |
Goldman Sachs
New York
|
+$213M |
| 3 |
D.E. Shaw & Co
New York
|
+$33.9M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$28.9M |
| 5 |
EC
Elequin Capital
New York
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$23.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.32M |
| 3 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$1.32M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.04M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$895K |
FETH Hedge Fund Activity: Q4 2024 in Review
67 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Fidelity Ethereum Fund (FETH) for Q4 2024, worth a combined $815M — up 535% from $128M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FETH positions and 6 closed out — a net gain of 26 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, adding an estimated $284M. The largest seller was Susquehanna International Group, cutting an estimated $23.4M.
- 67 institutional investors held Fidelity Ethereum Fund (FETH) as of Q4 2024, up from 41 in Q3 2024.
- Funds reported $815M of Fidelity Ethereum Fund stock for Q4 2024, up 535% quarter-over-quarter.
- 32 funds opened new Fidelity Ethereum Fund positions in Q4 2024 and 6 closed out, a net change of +26 holders.
- The largest Fidelity Ethereum Fund buyer in Q4 2024 was Jane Street, an estimated $284M added.
- The largest Fidelity Ethereum Fund seller in Q4 2024 was Susquehanna International Group, an estimated $23.4M sold.
Based on aggregated 13F filings for Q4 2024.