Vault-13

ISHARES ETHEREUM TR ETHA

SHS · ETP · CUSIP 46438R105

491 institutional holders -17 vs Q4 2025
94,974,70095.0m shares reported held*
$1.5bnreported value*
82 new 202 added 104 reduced 100 sold out net sold ≈ $739.3m (-46.7m 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 ($826.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.84. Options: 33 managers hold calls ($708.9m notional), 30 hold puts ($625.1m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 24: 72Q4 24: 180Q1 25: 196Q2 25: 239Q3 25: 509Q4 25: 508Q1 26: 491491Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202472
Q4 2024180
Q1 2025196
Q2 2025239
Q3 2025509
Q4 2025508
Q1 2026491

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 24: 136 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 129 bought or addedQ1 25: 74 cut or sold outQ1 25Q2 25: 149 bought or addedQ2 25: 65 cut or sold outQ2 25Q3 25: 429 bought or addedQ3 25: 72 cut or sold outQ3 25Q4 25: 290 bought or addedQ4 25: 250 cut or sold outQ4 25Q1 26: 284 bought or addedQ1 26: 204 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 202413619
Q1 202512974
Q2 202514965
Q3 202542972
Q4 2025290250
Q1 2026284204

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bn$2bnQ2 25 calls: $198.8mQ2 25 puts: $76.7mQ2 25P/C 0.39Q3 25 calls: $1.8bnQ3 25 puts: $1.7bnQ3 25P/C 0.94Q4 25 calls: $1.1bnQ4 25 puts: $915.4mQ4 25P/C 0.83Q1 26 calls: $708.9mQ1 26 puts: $625.1mQ1 26P/C 0.88
Numbers
QuarterCallsPutsP/C
Q2 2025$198.8m$76.7m0.39
Q3 2025$1.8bn$1.7bn0.94
Q4 2025$1.1bn$915.4m0.83
Q1 2026$708.9m$625.1m0.88

Biggest buyers

JANE STREET GROUP, LLC Added +5,145,028+5.1m
IMC-Chicago, LLC Added +3,323,087+3.3m
MORGAN STANLEY Added +1,286,790+1.3m
Qube Research & Technologies Ltd New +877,713+877.7k
NEOS Investment Management LLC Added +523,570+523.6k
Jain Global LLC New +508,838+508.8k
WELLS FARGO & COMPANY/MN Added +437,033+437.0k
OLD NATIONAL BANCORP /IN/ New +394,944+394.9k
Wealthfront Advisers LLC Added +366,092+366.1k
Alpine Fox Capital LLC Added +325,000+325.0k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -20,137,619-20.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -9,222,951-9.2m
MILLENNIUM MANAGEMENT LLC Reduced -8,613,222-8.6m
Schonfeld Strategic Advisors LLC Reduced -7,252,452-7.3m
HARVARD MANAGEMENT CO INC Sold out -3,870,900-3.9m
CITADEL ADVISORS LLC Reduced -1,747,089-1.7m
Weiss Asset Management LP Reduced -1,557,226-1.6m
Yong Rong (HK) Asset Management Ltd Sold out -1,467,100-1.5m
D. E. Shaw & Co., Inc. Sold out -1,058,000-1.1m
LMR Partners LLP Reduced -838,530-838.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $227.8m14.4m shares
JANE STREET GROUP, LLC Reduced $144.2m9.1m shares
CITADEL ADVISORS LLC Reduced $109.2m6.9m shares
IMC-Chicago, LLC Reduced $51.8m3.3m shares
SIMPLEX TRADING, LLC Reduced $43.4m2.7m shares
Tidal Investments LLC Added $31.6m2.0m shares
EXCHANGE TRADED CONCEPTS, LLC Unchanged $19.8m1.2m shares
Point72 Asset Management, L.P. New $16.5m1.0m shares
GROUP ONE TRADING LLC Reduced $15.2m959.6k shares
Optiver Holding B.V. New $11.2m704.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $176.0m11.1m shares
JANE STREET GROUP, LLC Added $128.9m8.1m shares
CITADEL ADVISORS LLC Reduced $72.5m4.6m shares
GOLDMAN SACHS GROUP INC Added $60.3m3.8m shares
SIMPLEX TRADING, LLC Reduced $40.8m2.6m shares
IMC-Chicago, LLC Reduced $34.4m2.2m shares
LMR Partners LLP Reduced $20.7m1.3m shares
GROUP ONE TRADING LLC Reduced $14.0m882.4k shares
Qube Research & Technologies Ltd New $11.1m700.0k shares
ParaFi Capital LP New $9.5m599.6k 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 MILLENNIUM MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 16,476,11316.5m $260.8m $260.8m 0.20% Reduced -8.6m -8,613,222
2 JANE STREET GROUP, LLC 0.19% of their portfolio NEW YORK, NY 11,093,42711.1m $175.6m $175.6m 0.19% Added +5.1m +5,145,028
3 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 7,213,9027.2m $114.2m $114.2m 0.02% Reduced -20.1m -20,137,619
4 IMC-Chicago, LLC 1.06% of their portfolio CHICAGO, IL 4,404,4304.4m $69.7m $69.7m 1.06% Added +3.3m +3,323,087
5 MACQUARIE GROUP LTD 0.31% of their portfolio Sydney, NSW 2000, C3 3,289,0763.3m $52.1m $52.1m 0.31% Reduced -344.6k -344,594
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 3,134,8433.1m $49.6m $49.6m 0.06% Reduced -9.2m -9,222,951
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,813,3822.8m $44.5m $44.5m 0.00% Added +1.3m +1,286,790
8 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 2,588,1822.6m $41.0m $41.0m 0.03% Reduced -1.7m -1,747,089
9 Marex Group Ltd 0.39% of their portfolio London, X0 2,382,5422.4m $37.7m $37.7m 0.39% Reduced -460.2k -460,224
10 KALEIDOSCOPE CAPITAL LP 10.21% of their portfolio BOSTON, MA 1,675,4361.7m $26.5m $26.5m 10.21% Added +278.1k +278,088
11 Clear Street Group Inc. 0.15% of their portfolio NEW YORK, NY 1,666,9521.7m $26.4m $26.4m 0.15% Reduced -194.3k -194,253
12 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,640,7951.6m $26.0m $26.0m 0.01% Added +226.7k +226,672
13 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 1,622,8041.6m $25.7m $25.7m 0.04% Reduced -636.8k -636,759
14 Tidal Investments LLC 0.07% of their portfolio Milwaukee, WI 1,434,3791.4m $22.7m $22.7m 0.07% Added +252.9k +252,897
15 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 2.98% of their portfolio NEW YORK, NY 1,262,2661.3m $20.0m $20.0m 2.98% Added +32.3k +32,278
16 Wealthfront Advisers LLC 0.04% of their portfolio Palo Alto, CA 1,227,2301.2m $19.4m $19.4m 0.04% Added +366.1k +366,092
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,174,9321.2m $18.6m $18.6m 0.00% Reduced -61.6k -61,641
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,109,6321.1m $17.6m $17.6m 0.00% Added +437.0k +437,033
19 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 877,713877.7k $13.9m $13.9m 0.02% New
20 Galaxy Digital Inc. 2.04% of their portfolio NEW YORK, NY 818,390818.4k $13.0m $13.0m 2.04% First filing
21 Mariner, LLC 0.01% of their portfolio Overland Park, KS 689,688689.7k $10.9m $10.9m 0.01% Added +123.5k +123,542
22 Quantitative Investment Management, LLC 1.10% of their portfolio CHARLOTTESVILLE, VA 670,346670.3k $10.6m $10.6m 1.10% Reduced -97.2k -97,247
23 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 663,648663.6k $10.5m $10.5m 0.04% Added +196.9k +196,858
24 NEOS Investment Management LLC 0.05% of their portfolio Westport, CT 661,912661.9k $10.5m $10.5m 0.05% Added +523.6k +523,570
25 Betterment LLC 0.02% of their portfolio NEW YORK, NY 650,113650.1k $10.3m $10.3m 0.02% Reduced -241.9k -241,881
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 595,661595.7k $9.4m $9.4m 0.00% Added +257.4k +257,387
27 Militia Capital Management LLC 0.69% of their portfolio AUSTIN, TX 580,243580.2k $9.2m $9.2m 0.69% First filing
28 Evergreen Quality Fund GP, Ltd. 0.21% of their portfolio GRAND CAYMAN, E9 574,000574.0k $9.1m $9.1m 0.21% Unchanged
29 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 569,924569.9k $9.0m $9.0m 0.01% Added +263.6k +263,629
30 Farringdon Capital, Ltd. 1.97% of their portfolio LONDON, X0 568,362568.4k $9.0m $9.0m 1.97% Added +166.7k +166,665
31 Weiss Asset Management LP 0.16% of their portfolio BOSTON, MA 564,806564.8k $8.9m $8.9m 0.16% Reduced -1.6m -1,557,226
32 Jain Global LLC 0.10% of their portfolio NEW YORK, NY 508,838508.8k $8.1m $8.1m 0.10% New
33 Alpine Fox Capital LLC 6.96% of their portfolio LAS VEGAS, NV 467,000467.0k $7.4m $7.4m 6.96% Added +325.0k +325,000
34 All-Stars Investment Ltd 3.40% of their portfolio HONG KONG, K3 443,000443.0k $7.0m $7.0m 3.40% Unchanged
35 STERLING INVESTMENT ADVISORS LLC /ADV 3.23% of their portfolio BOLIVAR, MO 425,007425.0k $6.7m $6.7m 3.23% Added +145.1k +145,054
36 OLD NATIONAL BANCORP /IN/ 0.10% of their portfolio EVANSVILLE, IN 394,944394.9k $6.3m $6.3m 0.10% New
37 SIMPLEX TRADING, LLC 0.19% of their portfolio CHICAGO, IL 392,685392.7k $6.2m $6.2m 0.19% Added +242.6k +242,647
38 Fiduciary Alliance LLC 0.41% of their portfolio GREENVILLE, SC 378,194378.2k $6.8m $6.8m 0.41% Added +88.5k +88,485
39 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 350,930350.9k $5.6m $5.6m 0.02% Added +34.7k +34,738
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 346,272346.3k $5.5m $5.5m 0.00% Added +192.0k +192,039
41 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.40% of their portfolio SINGAPORE, U0 330,654330.7k $5.2m $5.2m 0.40% Added +152.6k +152,615
42 TITLEIST ASSET MANAGEMENT, LLC 0.38% of their portfolio SAN ANTONIO, TX 321,609321.6k $5.1m $5.1m 0.38% Added +81.8k +81,795
43 Sloy Dahl & Holst, LLC 0.68% of their portfolio Vancouver, WA 314,827314.8k $5.0m $5.0m 0.68% Unchanged
44 Graham Capital Management, L.P. 0.17% of their portfolio ROWAYTON, CT 310,000310.0k $4.9m $4.9m 0.17% Added +10.0k +10,000
45 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 294,552294.6k $4.7m $4.7m 0.02% Added +30.4k +30,371
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 282,930282.9k $4.5m $4.5m 0.00% Added +186.3k +186,319
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 266,734266.7k $4.1m $4.1m 0.00% Added +71.3k +71,291
48 STEVENS CAPITAL MANAGEMENT LP 0.62% of their portfolio RADNOR, PA 253,700253.7k $4.0m $4.0m 0.62% New
49 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 243,799243.8k $3.9m $3.9m 0.00% Reduced -798.4k -798,420
50 Senator Investment Group LP 0.18% of their portfolio New York, NY 243,000243.0k $3.8m $3.8m 0.18% Added +109.0k +109,000
51 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 239,218239.2k $3.8m $3.8m 0.03% Added +229.8k +229,833
52 GROUP ONE TRADING LLC 0.12% of their portfolio CHICAGO, IL 233,538233.5k $3.7m $3.7m 0.12% Reduced -207.7k -207,734
53 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 226,456226.5k $3.6m $3.6m 0.01% Added +7.6k +7,584
54 Vienna Asset Management LLC 2.57% of their portfolio SARATOGA, CA 205,231205.2k $3.2m $3.2m 2.57% Reduced -105.1k -105,061
55 NWI MANAGEMENT LP 0.10% of their portfolio NEW YORK, NY 198,000198.0k $3.1m $3.1m 0.10% Unchanged
56 CALIFORNIA FIRST LEASING CORP 0.98% of their portfolio NEWPORT BEACH, CA 192,900192.9k $3.1m $3.1m 0.98% Unchanged
57 Deuterium Capital Management, LLC 3.55% of their portfolio Clearwater, FL 192,708192.7k $3.1m $3.1m 3.55% Added +135.7k +135,666
58 FIFTH THIRD BANCORP 0.01% of their portfolio CINCINNATI, OH 175,340175.3k $2.8m $2.8m 0.01% New
59 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 174,291174.3k $2.8m $2.8m 0.01% Added +109.4k +109,429
60 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 171,102171.1k $2.7m $2.7m 0.00% Added +68.5k +68,499
61 WCG Wealth Advisors LLC 0.08% of their portfolio LAS VEGAS, NV 170,787170.8k $2.7m $2.7m 0.08% Added +34.1k +34,103
62 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 163,446163.4k $2.6m $2.6m 0.06% Added +142.9k +142,892
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 158,919158.9k $2.5m $2.5m 0.00% Added +21.3k +21,274
64 PPSC Investment Service Corp 0.19% of their portfolio TOKYO, M0 154,000154.0k $2.4m $2.4m 0.19% Added +34.0k +34,000
65 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 147,490147.5k $2.3m $2.3m 0.03% Reduced -1.2k -1,174
66 Truvestments Capital LLC 0.41% of their portfolio SARASOTA, FL 145,006145.0k $2.3m $2.3m 0.41% Added +2.4k +2,359
67 Corecam Pte. Ltd. 0.97% of their portfolio SINGAPORE, U0 140,700140.7k $2.2m $2.2m 0.97% Added +2.5k +2,500
68 Requisite Capital Management, LLC 0.41% of their portfolio DALLAS, TX 139,997140.0k $2.2m $2.2m 0.41% Added +42.0k +41,951
69 BlueCrest Capital Management Ltd 0.20% of their portfolio ST HELIER, Y9 135,000135.0k $2.1m $2.1m 0.20% New
70 INSIGNEO ADVISORY SERVICES, LLC 0.14% of their portfolio MIAMI, FL 127,362127.4k $2.0m $2.0m 0.14% Reduced -13.8k -13,781
71 Whitaker-Myers Wealth Managers, LTD. 0.40% of their portfolio Mansfield, OH 126,423126.4k $2.0m $2.0m 0.40% Added +57.5k +57,486
72 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 125,811125.8k $2.0m $2.0m 0.02% Added +101.7k +101,680
73 Counterweight Ventures, LLC 1.08% of their portfolio WILMINGTON, NC 121,367121.4k $1.9m $1.9m 1.08% Added +62.6k +62,602
74 Cobblestone Asset Management LLC 0.84% of their portfolio RICHMOND, VA 118,569118.6k $1.9m $1.9m 0.84% Added +40.2k +40,171
75 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 117,584117.6k $1.9m $1.9m 0.01% Reduced -1.2k -1,173
76 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 111,453111.5k $1.8m $1.8m 0.00% Added +14.2k +14,157
77 Alliance Wealth Advisors, LLC /UT 0.37% of their portfolio Centerville, UT 109,511109.5k $1.7m $1.7m 0.37% Added +58.0k +57,956
78 LCM Capital Management Inc 0.87% of their portfolio CHICAGO, IL 109,030109.0k $1.7m $1.7m 0.87% Reduced -300 -300
79 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 108,328108.3k $1.7m $1.7m 0.00% Reduced -3.3k -3,302
80 Palatine Hill Wealth Management, LLC 1.46% of their portfolio BIRMINGHAM, MI 106,144106.1k $1.7m $1.7m 1.46% Reduced -5.1k -5,056
81 Robertson Opportunity Capital, LLC 0.64% of their portfolio DALLAS, TX 105,300105.3k $1.7m $1.7m 0.64% Unchanged
82 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 103,476103.5k $1.6m $1.6m 0.00% Reduced -24.9k -24,934
83 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 103,380103.4k $1.6m $1.6m 0.00% Added +30.6k +30,587
84 Gambit Capital Management, LLC 1.16% of their portfolio FRANKLIN, TN 102,241102.2k $1.6m $1.6m 1.16% New
85 LMR Partners LLP 0.01% of their portfolio LONDON, X0 101,270101.3k $1.6m $1.6m 0.01% Reduced -838.5k -838,530
86 BECK CAPITAL MANAGEMENT, LLC 0.36% of their portfolio AUSTIN, TX 99,41199.4k $1.6m $1.6m 0.36% New
87 MFG WEALTH MANAGEMENT, INC. 1.30% of their portfolio Indianapolis, IN 98,70598.7k $1.6m $1.6m 1.30% Added +26.2k +26,208
88 Belvedere Trading LLC 0.20% of their portfolio CHICAGO, IL 95,82295.8k $1.5m $1.5m 0.20% Added +82.0k +81,957
89 Tactive Advisors, LLC 0.42% of their portfolio Jacksonville, FL 94,98495.0k $1.5m $1.5m 0.42% Added +18.9k +18,918
90 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 94,77894.8k $1.5m $1.5m 0.00% Added +62.2k +62,154
91 ABOUND FINANCIAL, LLC 0.63% of their portfolio GRANITE BAY, CA 91,62491.6k $1.5m $1.5m 0.63% Added +33.6k +33,623
92 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 90,04090.0k $1.3m $1.3m 0.00% Reduced -38.7k -38,738
93 Spectrum Strategic Capital Management, LLC 0.75% of their portfolio CORVALLIS, OR 88,58488.6k $1.4m $1.4m 0.75% Added +20.3k +20,263
94 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 87,34687.3k $1.4m $1.4m 0.00% Added +6.3k +6,258
95 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 86,45086.5k $1.4m $1.4m 0.02% Added +6.4k +6,417
96 Impact Partnership Wealth, LLC 0.17% of their portfolio MARIETTA, GA 86,01686.0k $1.4m $1.4m 0.17% Added +17.7k +17,671
97 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 85,20285.2k $1.3m $1.3m 0.03% Reduced -11.3k -11,346
98 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 82,72482.7k $1.3m $1.3m 0.03% Added +17.2k +17,240
99 Garde Capital, Inc. 0.08% of their portfolio SEATTLE, WA 82,72182.7k $1.3m $1.3m 0.08% Reduced -38.5k -38,543
100 Sanchez Levi Garrett 0.82% of their portfolio BELLEVUE, WA 82,11882.1k $1.3m $1.3m 0.82% First filing