PANews reported on August 14 that according to The Block, according to the latest 13F form submitted to the U.S. Securities and Exchange Commission (SEC), DRW Venture Capital, the venture capital arm of DRW Holdings, a Chicago-based high-frequency trading company, disclosed that it currently holds more than $195 million worth of spot Bitcoin and Ethereum ETFs, of which more than $150 million is invested in Grayscale Ethereum Trust ETHE. DRW's entry into the Ethereum ETF market may signal a growing institutional interest in Ethereum. It is reported that DRW's Ethereum ETF holdings are more than three times the size of Bitcoin ETFs. In fact, Grayscale ETHE is DRW's third largest holding, second only to funds tracking the S&P 500 index fund and gold trust funds. In addition, the company's investment in Bitcoin ETFs is relatively scattered, holding Bitcoin ETFs issued by Ark and 21Shares, Bitwise, BlackRock, Fidelity and Proshares. It is reported that DRW has been involved in the crypto industry since 2018. Its subsidiary Cumberland has been selected as a liquidity provider for many Bitcoin ETFs. Cumberland also recently obtained the virtual currency license BitLicense granted by the New York State Department of Financial Services (NYDFS).