DRW Venture Capital holds a $150 million spot Ethereum ETF.

Odaily Odaily News According to the latest 13F form filed with the U.S. Securities and Exchange Commission, DRW Venture Capital, the venture capital arm of Chicago-based high-frequency trading company DRW Holdings, disclosed that it currently holds at least $195 million worth of spot Bitcoin and Ethereum ETFs, which may be the company's first foray into crypto spot ETFs. Among them, more than $150 million of products are Grayscale Ethereum Trust (ETHE). In addition, ETHE is its third largest holding, second only to funds tracking the S&P 500 index and gold trusts. The company's investment in Bitcoin ETFs is relatively scattered, holding Bitcoin ETFs issued by Ark and 21Shares, Bitwise, BlackRock, Fidelity and Proshares.