Fidelity Ethereum Fund
FETH
148 hedge funds and large institutions have $1.23B invested in Fidelity Ethereum Fund in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 38 increasing their positions, 12 reducing their positions, and 9 closing their positions.
1,281% more capital inflows, than outflows
Capital inflows: $473M | Capital outflows: $34.3M
800% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 9
217% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 12
92% more funds holding
Funds holding: 77 → 148 (+71)
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
11.44% more ownership
Funds ownership: 28.12% → 39.56% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$147M |
| 2 |
Millennium Management
New York
|
+$90.2M |
| 3 |
Schonfeld Strategic Advisors
New York
|
+$41.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$35.4M |
| 5 |
Kaleidoscope Capital
Boston,
Massachusetts
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Elequin Capital
New York
|
-$20M |
| 2 |
Independent Financial Group
San Diego,
California
|
-$4.54M |
| 3 |
Jane Street
New York
|
-$2.69M |
| 4 |
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.28M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.47M |
FETH Hedge Fund Activity: Q3 2025 in Review
148 of the 7,657 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: 81 funds opened new FETH positions and 9 closed out — a net gain of 72 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.
- 148 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.
- 81 funds opened new Fidelity Ethereum Fund positions in Q3 2025 and 9 closed out, a net change of +72 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.