Ethereum ETF Investors: Full List of Institutional ETH Fund Holders in 13F Filings
Ethereum ETF see widespread institutional adoption, despite Grayscale's downward pressure causes an outflow. l Credit: Veronica Cestari/CCN.com
Key Takeaways
- Ethereum exchange-traded funds have been approved this year after the Bitcoin ones.
- ETH ETFs outflows total $686.7 million, with Grayscale’s $2.85 billion outflows placing downward pressure.
- SEC filings show varying levels of institutional investment in Ethereum ETFs.
The approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) marked a watershed moment for the cryptocurrency industry. This development paved the way for increased institutional investment in the crypto world.
Following the launch of the BTC ETFs, funds also decided to push to have ETFs based on Ethereum (ETH), the second-largest cryptocurrency by market cap.
A review of 13F filings , which disclose long positions in publicly traded securities, provides further evidence of the institutional interest in Ethereum. These reports reveal substantial cryptocurrency holdings across various investment firms, including hedge funds, family offices, and other financial institutions.
Which Institutional Funds Hold Ethereum?
The 13F filing, a quarterly report mandated by the U.S. Securities and Exchange Commission (SEC) for institutional investment managers, provides invaluable insights into institutional holdings. Introducing 13F filings for Ethereum ETFs has significantly enhanced transparency regarding Ethereum ownership within the cryptocurrency sector.
These filings offer a unique perspective on how institutions engage with Ethereum, compared to traditional assets. As of Sept. 24, ETH ETF outflows totaled $686.7 million, with Grayscale’s $2.85 billion outflows placing downward pressure. It’s relevant to note that several ETF holders haven’t yet made their 13F filings public.
This is the complete list of institutional Ethereum ETF holders (via filings through to Oct. 4, 2024):
Full List of Ethereum ETF Investors
| Holder | Value |
|---|---|
| 1620 Investment Advisors, Inc. | $29,000 |
| AlphaMark Advisors, LLC | $0 |
| Ancora Advisors, LLC | $397,000 |
| ARK Investment Management LLC | $472,000 |
| Beaumont Financial Advisors, LLC | $0 |
| Belpointe Asset Management LLC | $0 |
| Benedetti & Gucer, Inc. | $1,000 |
| BEAM Asset Management, LLC | $1,699,000 |
| Garde Capital, Inc. | $0 |
| Game Plan Financial Advisors, LLC | $3,000 |
| Hantz Financial Services, Inc. | $0 |
| Horrell Capital Management, Inc. | $0 |
| Horizon Financial Services, LLC | $34,000 |
| Horizon Kinetics Asset Management, LLC | $209,000 |
| Kingswood Wealth Advisors, LLC | $5,297,000 |
| Main Management LLC | $0 |
| Main Street Group, LTD | $1,000 |
| NVWM, LLC | $6,000 |
| North Star Asset Management Inc | $389,000 |
| ORG Partners LLC | $89,000 |
| Redwood Wealth Management Group, LLC | $475,000 |
| Rye Brook Capital LLC | $9,000 |
| Tucker Asset Management LLC | $0 |
| Tradition Wealth Management, LLC | $0 |
| Traphagen Investment Advisors LLC | $0 |
| Vima LLC | $0 |
*Please note, some companies noted the purchase of ETH products on their 13F forms, but they are showing 0 value as it is presumed those have since been sold.
US Spot Ethereum ETFs Debut with Historic $106.7 Million Inflows and $1 Billion Volume
