VOLATILITY SHS TR ETHU
2X ETHER ETF NEW · ETP · CUSIP 92864M798
30
institutional holders
-4 vs Q1 2026
1.2m
shares reported held*
$13.2mreported value*
8 new
3 added
10 reduced
10 sold out
net bought ≈ $447.8k (+39.2k 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 ≈ $11.48. Options: 4 managers hold calls ($15.4m notional), 6 hold puts ($20.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 2 |
| Q2 2025 | 32 |
| Q3 2025 | 51 |
| Q4 2025 | 39 |
| Q1 2026 | 34 |
| Q2 2026 | 30 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 30 | 2 |
| Q3 2025 | 38 | 16 |
| Q4 2025 | 20 | 30 |
| Q1 2026 | 19 | 22 |
| Q2 2026 | 11 | 20 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $289.4m | $253.7m | 0.88 |
| Q4 2025 | $116.2m | $75.3m | 0.65 |
| Q1 2026 | $34.8m | $25.0m | 0.72 |
| Q2 2026 | $15.4m | $20.7m | 1.34 |
Biggest buyers
| RENAISSANCE TECHNOLOGIES LLC | New | +589.7k |
| GROUP ONE TRADING LLC | Added | +92.8k |
| Scientech Research LLC | New | +22.5k |
| HRT FINANCIAL LP | New | +21.3k |
| StoneX Group Inc. | New | +16.8k |
| Mills Wealth Advisors LLC | New | +14.7k |
| Legacy Wealth Managment, LLC/ID | Added | +3.2k |
| Providence Capital Advisors, LLC | New | +400 |
| Colonial Trust Advisors | Added | +350 |
| Atlatl Advisers LLC | New | +177 |
Biggest sellers
| JANE STREET GROUP, LLC | Reduced | -228.7k |
| Virtu Financial LLC | Sold out | -93.1k |
| Foundations Investment Advisors, LLC | Reduced | -88.0k |
| SLT Holdings LLC | Reduced | -88.0k |
| FLOW TRADERS U.S. LLC | Sold out | -78.7k |
| NKCFO LLC | Sold out | -40.0k |
| UBS Group AG | Reduced | -24.9k |
| SIMPLEX TRADING, LLC | Sold out | -24.9k |
| Jump Financial, LLC | Sold out | -22.3k |
| Headlands Technologies LLC | Sold out | -20.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.4m652.3k shares |
| CITADEL ADVISORS LLC | Added | $4.2m370.8k shares |
| JANE STREET GROUP, LLC | Reduced | $2.5m223.3k shares |
| LMR Partners LLP | Added | $1.2m106.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.0m617.3k shares |
| CITADEL ADVISORS LLC | Reduced | $5.3m465.2k shares |
| IMC-Chicago, LLC | New | $2.9m253.0k shares |
| JANE STREET GROUP, LLC | Added | $2.5m217.9k shares |
| GROUP ONE TRADING LLC | New | $2.5m215.9k shares |
| LMR Partners LLP | New | $516.9k45.3k 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.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 589.7k $6.7m | New |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd 0.23% of their portfolio | 141.5k $1.6m | Unchanged |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 118.8k $1.4m | Added +92.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 76.0k $866.6k | Reduced -228.7k |
| Foundations Investment Advisors, LLC 0.00% of their portfolio | 35.0k $399.4k | Reduced -88.0k |
| SLT Holdings LLC 0.25% of their portfolio | 35.0k $399.4k | Reduced -88.0k |
| Legacy Wealth Managment, LLC/ID 0.14% of their portfolio | 29.2k $333.1k | Added +3.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 25.3k $288.6k | Reduced -8.0k |
| Scientech Research LLC 0.21% of their portfolio | 22.5k $256.3k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 21.3k $243.0k | New |
| StoneX Group Inc. 0.01% of their portfolio | 16.8k $276.5k | New |
| Mills Wealth Advisors LLC 0.05% of their portfolio | 14.7k $167.2k | New |
| Burnham & Co LLC 0.06% of their portfolio | 6.0k $68.8k | First filing |
| SIGNATUREFD, LLC 0.00% of their portfolio | 5.3k $60.2k | Reduced -1.5k |
| UBS Group AG 0.00% of their portfolio | 5.1k $57.7k | Reduced -24.9k |
| Richard W. Paul & Associates, LLC 0.01% of their portfolio | 3.1k $35.3k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 2.5k $28.0k | Unchanged |
| MCGUIRE CAPITAL ADVISORS INC 0.01% of their portfolio | 1.4k $16.5k | Reduced -431 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.1k $12.6k | Reduced -1.0k |
| Colonial Trust Advisors 0.00% of their portfolio | 850 $9.7k | Added +350 |
| Clearstead Advisors, LLC 0.00% of their portfolio | 475 $5.4k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 444 $5.1k | Reduced -7 |
| Providence Capital Advisors, LLC 0.00% of their portfolio | 400 $4.6k | New |
| Atlatl Advisers LLC 0.00% of their portfolio | 177 $2.0k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 50 $571 | New |
| Larson Financial Group LLC 0.00% of their portfolio | 20 $231 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 20 $228 | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 6 $68 | Reduced -543 |
| BFSG, LLC 0.00% of their portfolio | 3 $35 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 0 $1 | Unchanged |