Vault-13

BITWISE ETHEREUM ETF ETHW

SHS · ETP · CUSIP 091955104

97 institutional holders +6 vs Q4 2025
3,198,4933.2m shares reported held*
$48.0mreported value*
17 new 44 added 18 reduced 14 sold out net sold ≈ $6.8m (-454.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $15.01. Options: 5 managers hold calls ($3.5m notional), 1 hold puts ($4.5k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 28Q4 24: 46Q1 25: 47Q2 25: 61Q3 25: 87Q4 25: 91Q1 26: 9797Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202428
Q4 202446
Q1 202547
Q2 202561
Q3 202587
Q4 202591
Q1 202697

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 24: 32 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 27 bought or addedQ1 25: 17 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 67 bought or addedQ3 25: 16 cut or sold outQ3 25Q4 25: 55 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 61 bought or addedQ1 26: 32 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 20243211
Q1 20252717
Q2 20253910
Q3 20256716
Q4 20255533
Q1 20266132

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15m$20mQ2 25 calls: $1.4mQ2 25 puts: $774.2kQ2 25P/C 0.54Q3 25 calls: $16.0mQ3 25 puts: $1.6mQ3 25P/C 0.10Q4 25 calls: $15.2mQ4 25 puts: $963.5kQ4 25P/C 0.06Q1 26 calls: $3.5mQ1 26 puts: $4.5kQ1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$1.4m$774.2k0.54
Q3 2025$16.0m$1.6m0.10
Q4 2025$15.2m$963.5k0.06
Q1 2026$3.5m$4.5k0.00

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP New +219,003+219.0k
Snowden Capital Advisors LLC New +136,512+136.5k
Clear Creek Financial Management, LLC Added +93,681+93.7k
Lido Advisors, LLC New +71,341+71.3k
WELLS FARGO & COMPANY/MN Added +70,344+70.3k
Wiser Wealth Management, Inc Added +47,982+48.0k
RFG Advisory, LLC New +36,909+36.9k
Harbour Wealth Management Group, Inc. New +36,171+36.2k
JPMORGAN CHASE & CO Added +35,539+35.5k
MAGNOLIA CAPITAL ADVISORS LLC Added +33,173+33.2k

Biggest sellers

HBK INVESTMENTS L P Sold out -833,682-833.7k
Quadrature Capital Ltd Sold out -318,127-318.1k
MILLENNIUM MANAGEMENT LLC Sold out -143,949-143.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -62,700-62.7k
CITADEL ADVISORS LLC Reduced -53,678-53.7k
Q Fund Management (Hong Kong) Ltd Sold out -35,000-35.0k
SIMPLEX TRADING, LLC Sold out -19,683-19.7k
Institute for Wealth Management, LLC. Sold out -12,724-12.7k
Arax Advisory Partners Reduced -8,756-8.8k
Claro Advisors Inc. Reduced -8,094-8.1k

Biggest calls

SIMPLEX TRADING, LLC Reduced $2.5m168.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $378.0k25.2k shares
CITADEL ADVISORS LLC Reduced $355.5k23.7k shares
IMC-Chicago, LLC Reduced $214.5k14.3k shares
GROUP ONE TRADING LLC Reduced $40.5k2.7k shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $4.5k300 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 257,157257.2k $3.9m $3.9m 0.00% Added +70.3k +70,344
2 Clear Creek Financial Management, LLC 0.28% of their portfolio SILVERDALE, WA 242,221242.2k $3.6m $3.6m 0.28% Added +93.7k +93,681
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 219,003219.0k $3.3m $3.3m 0.00% New
4 BEAM WEALTH ADVISORS, INC. 0.81% of their portfolio COVINGTON, LA 216,676216.7k $3.3m $3.3m 0.81% Added +21.3k +21,259
5 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 145,485145.5k $2.2m $2.2m 0.00% Unchanged
6 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 136,512136.5k $2.0m $2.0m 0.05% New
7 Betterment LLC 0.00% of their portfolio NEW YORK, NY 135,281135.3k $2.0m $2.0m 0.00% Added +10.9k +10,895
8 Wiser Wealth Management, Inc 0.35% of their portfolio MARIETTA, GA 108,395108.4k $1.6m $1.6m 0.35% Added +48.0k +47,982
9 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 104,349104.3k $1.6m $1.6m 0.01% Reduced -1.6k -1,578
10 U.S. Capital Wealth Advisors, LLC 0.03% of their portfolio AUSTIN, TX 91,41491.4k $1.4m $1.4m 0.03% Added +13.2k +13,150
11 Soltis Investment Advisors LLC 0.07% of their portfolio ST. GEORGE, UT 76,70176.7k $1.2m $1.2m 0.07% Reduced -535 -535
12 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 71,34171.3k $1.1m $1.1m 0.00% New
13 MAGNOLIA CAPITAL ADVISORS LLC 0.20% of their portfolio RIDGELAND, MS 66,52266.5k $997.8k $997.8k 0.20% Added +33.2k +33,173
14 UNIQUE WEALTH, LLC 0.13% of their portfolio TAMPA, FL 60,28660.3k $904.3k $904.3k 0.13% Added +8.4k +8,389
15 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 58,90858.9k $883.6k $883.6k 0.01% Added +26.5k +26,455
16 MEITAV INVESTMENT HOUSE LTD 0.01% of their portfolio BENE-BERAQ, L3 56,00756.0k $840.1k $840.1k 0.01% Added +5.5k +5,517
17 Claro Advisors Inc. 0.10% of their portfolio BOSTON, MA 54,55454.6k $818.3k $818.3k 0.10% Reduced -8.1k -8,094
18 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 50,86750.9k $763.0k $763.0k 0.00% Added +1.0k +1,040
19 CWA Asset Management Group, LLC 0.03% of their portfolio NAPLES, FL 49,96550.0k $749.5k $749.5k 0.03% Reduced -6.8k -6,798
20 HIGHLINE WEALTH PARTNERS LLC 0.19% of their portfolio SHERMAN OAKS, CA 48,63048.6k $729.5k $729.5k 0.19% Added +10.5k +10,547
21 Keel Point, LLC 0.04% of their portfolio HUNTSVILLE, AL 37,65937.7k $564.9k $564.9k 0.04% Added +17.0k +17,041
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,48137.5k $542.4k $542.4k 0.00% Added +35.5k +35,539
23 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 36,90936.9k $553.6k $553.6k 0.01% New
24 Harbour Wealth Management Group, Inc. 0.41% of their portfolio DANIEL ISLAND, SC 36,17136.2k $542.6k $542.6k 0.41% New
25 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 33,47833.5k $502.2k $502.2k 0.00% Added +9.7k +9,681
26 BRANDYWINE OAK PRIVATE WEALTH LLC 0.04% of their portfolio Kennett Square, PA 32,67332.7k $490.1k $490.1k 0.04% Added +5.5k +5,450
27 OPTIMA CAPITAL LLC 0.22% of their portfolio PORTLAND, OR 31,66931.7k $475.0k $475.0k 0.22% Added +4.3k +4,286
28 Twelve Points Wealth Management LLC 0.09% of their portfolio CONCORD, MA 27,46827.5k $412.0k $412.0k 0.09% Added +10.0k +10,048
29 ROMAN BUTLER FULLERTON & CO 0.11% of their portfolio ST LOUIS, MO 26,05126.1k $412.4k $412.4k 0.11% Added +12.2k +12,238
30 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 24,40024.4k $366.0k $366.0k 0.00% Reduced -62.7k -62,700
31 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 24,17224.2k $362.6k $362.6k 0.01% Added +2.9k +2,906
32 Brown Miller Wealth Management, LLC 0.10% of their portfolio MCLEAN, VA 24,00824.0k $360.1k $360.1k 0.10% Added +2.9k +2,939
33 Arete Wealth Advisors, LLC 0.03% of their portfolio CHICAGO, IL 23,91023.9k $358.6k $358.6k 0.03% Reduced -113 -113
34 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 23,65623.7k $354.8k $354.8k 0.01% Unchanged
35 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 23,62523.6k $354.4k $354.4k 0.00% Added +6.3k +6,312
36 Daviman Financial, LLC 0.21% of their portfolio FISHERS, IN 23,54723.5k $353.2k $353.2k 0.21% Added +10.5k +10,546
37 COLUMBIA ADVISORY PARTNERS LLC 0.22% of their portfolio SPOKANE, WA 23,33923.3k $350.1k $350.1k 0.22% Added +12.3k +12,272
38 Coastline Trust Co 0.03% of their portfolio PROVIDENCE, RI 22,29722.3k $334.5k $334.5k 0.03% Not comparable
39 a16z Perennial Management, L.P. 0.03% of their portfolio MENLO PARK, CA 22,19722.2k $333.0k $333.0k 0.03% Unchanged
40 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 22,14422.1k $332.2k $332.2k 0.00% Reduced -3.4k -3,373
41 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 21,61221.6k $324.2k $324.2k 0.00% Unchanged
42 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 20,70020.7k $310.5k $310.5k 0.00% New
43 Clearwater Capital Advisors, LLC 0.02% of their portfolio HOFFMAN ESTATES, IL 19,65619.7k $294.8k $294.8k 0.02% Added +250 +250
44 Concentrum Wealth Management 0.08% of their portfolio SAN JOSE, CA 19,07619.1k $286.1k $286.1k 0.08% Reduced -1.4k -1,364
45 Fielder Capital Group LLC 0.06% of their portfolio NASHVILLE, TN 18,38718.4k $275.8k $275.8k 0.06% Reduced -230 -230
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,17418.2k $272.6k $272.6k 0.00% New
47 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 17,55917.6k $263.4k $263.4k 0.00% Added +1.3k +1,275
48 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,54217.5k $263.0k $263.0k 0.00% Added +3.8k +3,830
49 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 15,90215.9k $238.5k $238.5k 0.01% Added +16 +16
50 OxenFree Capital LLC 0.12% of their portfolio MELBOURNE, FL 14,14814.1k $240.8k $240.8k 0.12% Unchanged
51 Quaker Wealth Management, LLC 0.07% of their portfolio MOORESTOWN, NJ 13,98314.0k $209.7k $209.7k 0.07% Added +13.1k +13,058
52 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,90113.9k $205.5k $205.5k 0.00% Reduced -4.4k -4,408
53 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,63413.6k $204.5k $204.5k 0.00% Reduced -3.0k -2,988
54 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 13,15213.2k $197.3k $197.3k 0.00% Reduced -2.4k -2,398
55 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 12,22012.2k $183.3k $183.3k 0.00% New
56 TritonPoint Partners, LLC 0.07% of their portfolio CHEVY CHASE, MD 11,91611.9k $178.7k $178.7k 0.07% New
57 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,69611.7k $175.4k $175.4k 0.00% Reduced -53.7k -53,678
58 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 11,36811.4k $170.5k $170.5k 0.01% Added +833 +833
59 Spectrum Planning & Advisory Services Inc. 0.08% of their portfolio SAN DIEGO, CA 11,36711.4k $170.5k $170.5k 0.08% Unchanged
60 CAPITAL ADVISORS INC/OK 0.00% of their portfolio TULSA, OK 10,37510.4k $155.6k $155.6k 0.00% Unchanged
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,09410.1k $151.4k $151.4k 0.00% Reduced -2.1k -2,064
62 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 10,07510.1k $151.1k $151.1k 0.00% New
63 ROTHSCHILD INVESTMENT LLC 0.01% of their portfolio CHICAGO, IL 9,0009.0k $135.0k $135.0k 0.01% Unchanged
64 MRP Capital Investments, LLC 0.09% of their portfolio ALPHARETTA, GA 7,2527.3k $108.8k $108.8k 0.09% Added +1.1k +1,107
65 Wealth Preservation Advisors, LLC 0.07% of their portfolio CHATTANOOGA, TN 5,3005.3k $79.5k $79.5k 0.07% New
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,9714.0k $59.6k $59.6k 0.00% Added +699 +699
67 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 3,8513.9k $57.8k $57.8k 0.00% Reduced -8.8k -8,756
68 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,7583.8k $57.5k $57.5k 0.00% Added +3.3k +3,325
69 Center for Financial Planning, Inc. 0.00% of their portfolio SOUTHFIED, MI 2,6002.6k $39.0k $39.0k 0.00% New
70 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 2,3782.4k $35.7k $35.7k 0.00% New
71 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,1642.2k $32.5k $32.5k 0.00% Added +970 +970
72 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2,1332.1k $32.0k $32.0k 0.00% Unchanged
73 Private Wealth Asset Management, LLC 0.00% of their portfolio OMAHA, NE 2,0002.0k $30.0k $30.0k 0.00% Added +500 +500
74 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 1,8661.9k $28.6k $28.6k 0.00% Added +508 +508
75 Lodestone Wealth Management LLC 0.01% of their portfolio SPOKANE, WA 1,7381.7k $26.1k $26.1k 0.01% Unchanged
76 Sankala Group LLC 0.02% of their portfolio LYONS, CO 1,7121.7k $24.5k $24.5k 0.02% Reduced -887 -887
77 Ankerstar Wealth, LLC 0.02% of their portfolio LEANDER, TX 1,5741.6k $23.6k $23.6k 0.02% Reduced -7.6k -7,587
78 ROSS\JOHNSON & Associates LLC 0.41% of their portfolio PLYMOUTH, MN 1,5001.5k $22.5k $22.5k 0.41% Unchanged
79 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,3571.4k $20.4k $20.4k 0.00% Added +481 +481
80 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1851.2k $17.8k $17.8k 0.00% Added +407 +407
81 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,0691.1k $16.0k $16.0k 0.00% Reduced -1.7k -1,737
82 Beaird Harris Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 1,0671.1k $16.0k $16.0k 0.00% Unchanged
83 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0551.1k $15.8k $15.8k 0.00% Added +477 +477
84 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $15.0k $15.0k 0.00% Added +740 +740
85 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 874874 $13.1k $13.1k 0.00% Added +366 +366
86 PlanVest Financial, Inc 0.01% of their portfolio GAITHERSBURG, MD 694694 $10.4k $10.4k 0.01% First filing
87 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 658658 $9.9k $9.9k 0.00% Added +203 +203
88 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 650650 $9.8k $9.8k 0.00% Added +230 +230
89 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 510510 $7.7k $7.7k 0.00% Unchanged
90 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 475475 $7.1k $7.1k 0.00% Unchanged
91 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 400400 $6.0k $6.0k 0.00% Added +100 +100
92 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 339339 $5.1k $5.1k 0.00% New
93 My Portfolio Guide, LLC 0.00% of their portfolio SEAL BEACH, CA 265265 $4.0k $4.0k 0.00% First filing
94 Abound Wealth Management 0.00% of their portfolio FRANKLIN, TN 200200 $3.0k $3.0k 0.00% Unchanged
95 JPL Wealth Management, LLC 0.00% of their portfolio GREENWOOD VILLAGE, CO 125125 $1.9k $1.9k 0.00% New
96 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 6565 $1.0k $1.0k 0.00% New
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4343 $645 $645 0.00% New