Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bitwise Ethereum ETF (ETHW)

92 + Investors. Track Smart Money conviction in ETHW. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
7Q ▲
Buyers last Q
66%

Smart Money Signals — ETHW

Based on 97 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added ETHW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
97 hedge funds hold ETHW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +120% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+120% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

64 buying33 selling
Last quarter: 64 funds were net buyers (20 opened a brand new position + 44 added to an existing one). Only 33 were sellers (19 trimmed + 14 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~20 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 19 → 37 → 24 → 20. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 53% entered in last year

4% conviction (2yr+) 43% medium 53% new
Only 4 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -20%, value -46%

Value
-46%
Shares
-20%
Last quarter: funds added -20% more shares while total portfolio value only changed -46%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

12 → 19 → 37 → 24 → 20 new funds/Q
New funds entering each quarter: 19 → 37 → 24 → 20. ETHW is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 66% of holders entered in last year

2% veterans 32% 1-2yr 66% new
Of 99 current holders: 65 (66%) entered in the past year, only 2 (2%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
6 of 97 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.3
out of 10
Moderate Exit Risk
Exit risk score 5.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ETHW

In 2026 Q1, 64 hedge funds were net buyers of ETHW (20 opened a new position, 44 added to an existing one), while 33 reduced or exited (19 trimmed, 14 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 97.

Hedge Fund Ownership: ETHW

How many hedge funds hold ETHW — quarterly history vs. share price
Quarterly hedge fund ownership of ETHW vs. share price

Market Analysis: ETHW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETHW

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: ETHW
92 + Investors

Track Smart Money conviction in ETHW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 92 97 -5.15%
13F Shares 4M 3M 10.54%
Total Value $37M $47M -21.36%
New Positions 16 20 -4
Increased Positions 30 43 -13
Closed Positions 20 14 +6
Reduced Positions 27 18 +9
Total Calls 1 2 -50.0%
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: ETHW

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Institutional Holders (2026 Q2)

92 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ETHW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ETHW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Beam Wealth Advisors, INC. 0.81% 216,676 $3.3M
2 Harbour Wealth Management Group, Inc. 0.30% 39,714 $448K
3 ROSS\JOHNSON & Associates LLC 0.26% 1,500 $17K
4 Clear Creek Financial Management, LLC 0.24% 337,162 $3.8M
5 Wiser Wealth Management, Inc 0.24% 112,955 $1.3M
6 Optima Capital LLC 0.18% 39,422 $445K
7 Gainline Financial Partners, LLC 0.15% 13,993 $158K
8 Daviman Financial, LLC 0.15% 23,547 $266K
9 Columbia Advisory Partners LLC 0.13% 21,669 $244K
10 Magnolia Capital Advisors LLC 0.12% 63,591 $717K
11 Highline Wealth Partners LLC 0.12% 51,037 $576K
12 Twelve Points Wealth Management LLC 0.10% 43,507 $491K
13 Fielder Capital Group LLC 0.09% 37,456 $423K
14 OxenFree Capital LLC 0.08% 14,148 $181K
15 Archer Investment Management, LLC 0.08% 20,277 $229K
16 Claro Advisors Inc. 0.06% 54,059 $610K
17 MRP Capital Investments, LLC 0.06% 7,612 $86K
18 Spectrum Planning & Advisory Services Inc. 0.06% 11,367 $128K
19 Soltis Investment Advisors LLC 0.04% 71,526 $807K
20 Concentrum Wealth Management 0.04% 15,689 $177K
21 Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.04% 4,716 $53K
22 Snowden Capital Advisors LLC 0.04% 138,188 $1.6M
23 Brandywine Oak Private Wealth LLC 0.03% 33,621 $379K
24 Keel Point, LLC 0.03% 41,384 $467K
25 Coastline Trust Co 0.02% 22,297 $252K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bitwise Ethereum ETF (ETHW)

What does the Smart Money Trend signal show for ETHW?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added ETHW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ETHW?

More buyers than sellers — 66% buying: Last quarter: 64 funds were net buyers (20 opened a brand new position + 44 added to an existing one). Only 33 were sellers (19 trimmed + 14 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ETHW holders?

Smaller funds dominant — 17% AUM from top-100: 6 of 97 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ETHW?

Mostly new holders — 53% entered in last year: Only 4 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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