According to Odaily, DRW Venture Capital, the venture capital arm of Chicago-based high-frequency trading firm DRW Holdings, has revealed substantial investments in cryptocurrency ETFs. The latest 13F filing with the U.S. Securities and Exchange Commission shows that the firm holds at least $195 million in spot Bitcoin and Ethereum ETFs. This marks a potential first foray into crypto spot ETFs for the company. Notably, over $150 million of these holdings are in the Grayscale Ethereum Trust (ETHE), making it the firm's third-largest holding after funds tracking the S&P 500 index and a gold trust. DRW Venture Capital's Bitcoin ETF investments are diversified across products issued by Ark and 21Shares, Bitwise, BlackRock, Fidelity, and Proshares.