Fidelity Ethereum Fund
FETH
120 hedge funds and large institutions have $68.5M invested in Fidelity Ethereum Fund in 2026 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 22 closing their positions.
567% more call options, than puts
Call options by funds: $25.2M | Put options by funds: $3.78M
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
7.98% more ownership
Funds ownership: 0% → 7.98% (+8%)
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
3% less funds holding
Funds holding: 124 → 120 (-4)
71% less capital invested
Capital invested by funds: $239M → $68.5M (-$170M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.9M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.64M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.41M |
| 4 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
+$1.07M |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$68.9M |
| 2 |
Jane Street
New York
|
-$41M |
| 3 |
KC
Kaleidoscope Capital
Boston,
Massachusetts
|
-$13.4M |
| 4 |
UCMOK
United Capital Management of KS
Salina,
Kansas
|
-$9.15M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.49M |
FETH Hedge Fund Activity: Q2 2026 in Review
120 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Fidelity Ethereum Fund (FETH) for Q2 2026, worth a combined $68.5M — down 71% from $239M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FETH positions and 22 closed out — a net gain of 1 holder — while 36 added to existing stakes and 28 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $2.9M. The largest seller was Millennium Management, cutting an estimated $68.9M.
- 120 institutional investors held Fidelity Ethereum Fund (FETH) as of Q2 2026, down from 124 in Q1 2026.
- Funds reported $68.5M of Fidelity Ethereum Fund stock for Q2 2026, down 71% quarter-over-quarter.
- 23 funds opened new Fidelity Ethereum Fund positions in Q2 2026 and 22 closed out, a net change of +1 holder.
- The largest Fidelity Ethereum Fund buyer in Q2 2026 was Envestnet Asset Management, an estimated $2.9M added.
- The largest Fidelity Ethereum Fund seller in Q2 2026 was Millennium Management, an estimated $68.9M sold.
Based on aggregated 13F filings for Q2 2026.