Grayscale Ethereum Staking Mini ETF (ETH)

Highly Crowded

Held by 269 of 5,944 reporting institutions (94th percentile) — extremely crowded.

Data as of Q1 2026

Institutional Ownership

29.02%

QoQ Change

N/A

Total Value

$542.1B

Shares Outstanding

95.7M

Crowding AnalysisHighly Crowded

Holders269of 5,944

Avg: 68

Uncrowded94th percentileCrowded

Institutional Activity

Buy/Sell Ratio1.08x

83th percentile

136 buying126 selling

+40

New

-65

Closed

+8.7M

Net shares

Holding Period Distribution

estimate

Median: 3 QAvg: 2.6 QHolders: 269

Ownership Concentration

Top 5: 64.0%Top 10: 77.4%

SUSQUEHANNA INTERNATIONAL GROUP, LLP20.9%

MORGAN STANLEY17.2%

MANGROVE PARTNERS IM,12.8%

IMC-Chicago,8.1%

WOLVERINE ASSET MANAGEMENT5.0%

Others (264)36.0%

Loading crowding analysis...

Conviction-Weighted Ownership

Median weight: 0.02%Avg weight: 1.86%Max: 10.48%High conviction (>1%): 3

SUSQUEHANNA INTERNATIONAL GROUP, LLP

MORGAN STANLEY

MANGROVE PARTNERS IM,

IMC-Chicago,

WOLVERINE ASSET MANAGEMENT

Loading conviction analysis...

Whale Moves Timeline (5 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWMANGROVE PARTNERS IM$71M3.6M shr

BOUGHTSUSQUEHANNA INTERNATIONAL GROUP, LLP$68M3.4M shr

NEWIMC-Chicago$45M2.3M shr

BOUGHTMORGAN STANLEY$14M719K shr

BOUGHTKALEIDOSCOPE CAPITAL$12M594K shr

NEWMORGAN STANLEY$114M4.0M shr

SOLDJANE STREET GROUP$50M1.8M shr

NEWWOLVERINE ASSET MANAGEMENT$26M942K shr

NEWLogan Stone Capital$22M780K shr

SOLDCITADEL ADVISORS$15M544K shr

Loading whale moves...

Institutional Trends (6 Quarters)

Loading ownership trends...

Institutional Holders

Loading top holders...