Preheat the oven to 350°F and line a baking sheet with parchment paper.
Mix together the donut hole ingredients until well combined. Divide into 16 equal portions, roll into balls, and place on your prepared baking pan.
Bake for 10 minutes, then remove from oven and cool to room temperature.
Place the butter and peanut butter for the glaze into a microwave-safe bowl. Heat in 20 second intervals, stirring between, until completely melted and and smooth. Whisk in the cream and sweetener.
Dip each donut hole in the glaze and rotate until coated. Place on the baking sheet to dry.