Fidelity Ethereum Fund
FETH
124 hedge funds and large institutions have $239M invested in Fidelity Ethereum Fund in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 47 closing their positions.
117% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $7.85M
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
21% less funds holding
Funds holding: 157 → 124 (-33)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
64% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 47
72% less capital invested
Capital invested by funds: $843M → $239M (-$604M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$47.5M |
| 2 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
+$6.08M |
| 3 |
BWM
BNC Wealth Management
Beaverton,
Oregon
|
+$2.45M |
| 4 |
UCMOK
United Capital Management of KS
Salina,
Kansas
|
+$963K |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
+$853K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$394M |
| 2 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
-$61.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$32.7M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$23.4M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$19.2M |
FETH Hedge Fund Activity: Q1 2026 in Review
124 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Fidelity Ethereum Fund (FETH) for Q1 2026, worth a combined $239M — down 72% from $843M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of FETH and 17 opened new positions — a net loss of 30 holders — while 36 trimmed existing stakes and 41 added.
The largest buyer was Jane Street, adding an estimated $47.5M. The largest seller was Goldman Sachs, exiting entirely with an estimated $394M sold.
- 124 institutional investors held Fidelity Ethereum Fund (FETH) as of Q1 2026, down from 157 in Q4 2025.
- Funds reported $239M of Fidelity Ethereum Fund stock for Q1 2026, down 72% quarter-over-quarter.
- 17 funds opened new Fidelity Ethereum Fund positions in Q1 2026 and 47 closed out, a net change of -30 holders.
- The largest Fidelity Ethereum Fund buyer in Q1 2026 was Jane Street, an estimated $47.5M added.
- The largest Fidelity Ethereum Fund seller in Q1 2026 was Goldman Sachs, an estimated $394M sold.
Based on aggregated 13F filings for Q1 2026.