Grayscale Bitcoin Miners ETF
MNRS
5 hedge funds and large institutions have $2.18M invested in Grayscale Bitcoin Miners ETF in 2026 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
2.09% less ownership
Funds ownership: 28.08% → 25.99% (-2.1%)
24% less capital invested
Capital invested by funds: $2.89M → $2.18M (-$708K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
38% less funds holding
Funds holding: 8 → 5 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$429K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$425K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$290K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$62.4K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$4.08K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$445 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.26M | +$145K | +4,560 | +10% |
|
|
2
Jane Street
New York
| $585K | +$429K | +13,488 | +142% |
|
|
3
Citadel Advisors
Miami,
Florida
| $233K | -$290K | -9,134 | -50% |
|
|
4
Simplex Trading
Chicago,
Illinois
| $88.5K | -$62.4K | -1,962 | -36% |
|
|
5
Group One Trading
Chicago,
Illinois
| $22.4K | -$445 | -14 | -2% |
|
|
FAM
6
Formidable Asset Management
Cincinnati,
Ohio
| – | -$425K | -10,476 | Closed |
|
|
IAIM
7
International Assets Investment Management
Orlando,
Florida
| – | -$4.08K | -136 | Closed |
|
MNRS Hedge Fund Activity: Q1 2026 in Review
5 of the 8,169 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Miners ETF (MNRS) for Q1 2026, worth a combined $2.18M — down 24% from $2.89M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MNRS and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $429K. The largest seller was Formidable Asset Management, exiting entirely with an estimated $425K sold.
- 5 institutional investors held Grayscale Bitcoin Miners ETF (MNRS) as of Q1 2026, down from 8 in Q4 2025.
- Funds reported $2.18M of Grayscale Bitcoin Miners ETF stock for Q1 2026, down 24% quarter-over-quarter.
- 0 funds opened new Grayscale Bitcoin Miners ETF positions in Q1 2026 and 2 closed out, a net change of -2 holders.
- The largest Grayscale Bitcoin Miners ETF buyer in Q1 2026 was Jane Street, an estimated $429K added.
- The largest Grayscale Bitcoin Miners ETF seller in Q1 2026 was Formidable Asset Management, an estimated $425K sold.
Based on aggregated 13F filings for Q1 2026.