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Grayscale Bitcoin Mini Trust ETF

BTC
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0002015034

No open-market purchases or sales by Grayscale Bitcoin Mini Trust ETF insiders were filed in the last 90 days; 468 institutions reported holding it in 13F filings for Q2 2026, worth $910.1M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Grayscale Bitcoin Mini Trust ETF as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
501
+50 vs. Q2 2025
Shares held
20.3M
+4.01M (+24.6%) vs. Q2 2025
Total value
$1.03B
+$250.9M (+32.4%) vs. Q2 2025
New holders
87
166 more added
Sold out
37
85 more reduced

9 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BTC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 501 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 418 institutionsQ4 2024: 381 institutionsQ1 2025: 408 institutionsQ2 2025: 460 institutionsQ3 2025: 501 institutionsQ4 2025: 517 institutionsQ1 2026: 494 institutionsQ2 2026: 468 institutions
Value heldQ3 2025: $1.03B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $351.2MQ4 2024: $580.0MQ1 2025: $481.0MQ2 2025: $776.7MQ3 2025: $1.03BQ4 2025: $1.13BQ1 2026: $970.0MQ2 2026: $910.1M
Institutions holding BTC and their total value by quarter
QuarterHoldersValue
Q2 2026468$910.1M
Q1 2026494$970.0M
Q4 2025517$1.13B
Q3 2025501$1.03B
Q2 2025460$776.7M
Q1 2025408$481.0M
Q4 2024381$580.0M
Q3 2024418$351.2M
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Mini Trust ETF; share changes are against Q2 2025.

Institutions holding BTC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC3,000,467$151.9M1.85%−71,902−2.3%Reduced
Millennium Management LLC2,500,165$126.6M0.10%+500,522+25.0%Added
Steward Partners Investment Advisory, LLC1,077,219$54.5M0.31%+1,044,830+3,225.9%Added
Emory University1,023,417$51.8M33.00%+487,636+91.0%Added
Sloy Dahl & Holst, LLC674,710$34.2M3.62%+18,771+2.9%Added
Steel Peak Wealth Management LLC601,963$30.5M1.02%+601,963New
Wells Fargo & Company571,697$28.9M0.01%+571,036+86,389.7%Added
Kaleidoscope Capital LP543,346$27.5M7.86%+37,346+7.4%Added
ParaFi Capital LP520,000$26.3M5.72%00.0%Unchanged
Elequin Capital LP361,194$18.3M1.56%+225,270+165.7%Added
HighTower Advisors, LLC317,808$16.1M0.02%+14,838+4.9%Added
EagleClaw Capital Managment, LLC297,110$15.0M2.10%+81,470+37.8%Added
Multicoin Capital Management, LLC264,361$13.4M4.88%00.0%Unchanged
Beacon Harbor Wealth Advisors, Inc.239,537$12.1M2.83%+1,348+0.6%Added
HBK Investments L P226,705$11.5M0.17%00.0%Unchanged
Riversedge Advisors, LLC226,288$11.5M1.92%+137,354+154.4%Added
Pasadena Private Wealth, LLC221,111$11.2M1.62%+53,884+32.2%Added
Old Mission Capital LLC201,705$10.2M0.36%+201,705New
Toroso Investments, LLC193,694$9.81M0.04%−104,682−35.1%Reduced
LPL Financial LLC191,577$9.70M0.00%−1,408−0.7%Reduced
Reliant Wealth Planning169,657$8.59M2.78%+882+0.5%Added
Cresset Asset Management, LLC166,849$8.45M0.04%−382−0.2%Reduced
Redhawk Wealth Advisors, Inc.151,358$7.66M0.89%+51,217+51.1%Added
Mariner, LLC149,085$7.55M0.01%+34,482+30.1%Added
Moors & Cabot, Inc.148,693$7.53M0.33%+7,414+5.2%Added
HFG Wealth Management, LLC148,369$7.51M4.08%−26,895−15.3%Reduced
Beck Capital Management, LLC144,365$7.31M1.69%+112,246+349.5%Added
MML Investors Services, LLC132,515$6.71M0.02%+17,826+15.5%Added
Beaumont Financial Advisors, LLC122,287$6.19M0.41%+5,570+4.8%Added
One Charles Private Wealth Services, LLC118,474$6.00M1.58%+729+0.6%Added
Kestra Advisory Services, LLC106,931$5.41M0.02%−1,146−1.1%Reduced
Cambridge Investment Research Advisors, Inc.102,812$5.21M0.01%+12,915+14.4%Added
Simplex Trading, LLC95,512$4.83M0.11%+12,824+15.5%Added
R. W. Roge & Company, Inc.91,243$4.62M2.37%+91,243New
Colony Group, LLC86,428$4.37M0.01%+7,351+9.3%Added
Mad River Investors82,179$4.16M1.78%+3,893+5.0%Added
JPMorgan Chase & Co78,581$3.98M0.00%+3,632+4.8%Added
ShoreHaven Wealth Partners, LLC78,449$3.97M1.47%+2,246+2.9%Added
Merit Financial Group, LLC78,389$3.97M0.04%+4,750+6.5%Added
Financial Security Advisor, Inc.73,305$3.71M0.79%+20,817+39.7%Added
Citadel Advisors LLC71,747$3.63M0.00%+71,747New
Wealth Enhancement Advisory Services, LLC67,390$3.63M0.01%+4,879+7.8%Added
Commonwealth Equity Services, LLC69,469$3.52M0.00%−6,116−8.1%Reduced
Kingswood Wealth Advisors, LLC65,723$3.33M0.20%+2,880+4.6%Added
Quadcap Wealth Management, LLC64,357$3.26M0.38%−2,468−3.7%Reduced
Wealthfront Advisers LLC64,130$3.25M0.01%−3,755−5.5%Reduced
Spahn Wealth & Retirement LLC62,736$3.18M1.88%−1,305−2.0%Reduced
Theory Financial LLC64,345$3.16M1.11%+32,429+101.6%Added
National Asset Management, Inc.61,953$3.14M0.15%+2,489+4.2%Added
Morgan Stanley61,741$3.13M0.00%+61,253+12,551.8%Added
Meitav Dash Investments Ltd59,662$3.02M0.04%+13,334+28.8%Added
Jane Street Group, LLC58,626$2.97M0.00%−174,772−74.9%Reduced
Fielder Capital Group LLC58,524$2.96M0.67%+4,126+7.6%Added
Renaissance Technologies LLC58,460$2.96M0.00%+9,100+18.4%Added
Envestnet Asset Management Inc57,801$2.93M0.00%+17,667+44.0%Added
Axxcess Wealth Management, LLC56,641$2.87M0.06%+11,352+25.1%Added
Apriem Advisors51,954$2.63M0.25%+2,267+4.6%Added
Peak Financial Advisors LLC50,671$2.57M1.23%+50,671New
Susquehanna International Group, LLP49,954$2.53M0.00%−309,208−86.1%Reduced
Gallacher Capital Management LLC49,501$2.51M0.99%+49,501New
Claro Advisors LLC49,496$2.51M0.37%−66−0.1%Reduced
Pettinga Financial Advisors, LLC49,352$2.50M0.49%+1,536+3.2%Added
Rpo LLC45,900$2.32M2.92%00.0%Unchanged
Balboa Wealth Partners44,477$2.25M0.39%+833+1.9%Added
SJS Investment Consulting Inc.43,801$2.22M0.30%+7,560+20.9%Added
Strive Asset Management, LLC43,152$2.18M1.18%+26,211+154.7%Added
Weil Company, Inc.40,802$2.07M0.50%+925+2.3%Added
Van Hulzen Asset Management, LLC40,597$2.06M0.15%+4,190+11.5%Added
TigerOak Management, L.L.C.40,049$2.03M0.63%+32,764+449.7%Added
Creative Planning39,756$2.01M0.00%+3,422+9.4%Added
Lido Advisors, LLC38,631$1.96M0.01%+15,236+65.1%Added
Soltis Investment Advisors LLC38,448$1.95M0.13%+29,269+318.9%Added
Aries Wealth Management37,503$1.90M0.45%+2,835+8.2%Added
Sequoia Financial Advisors, LLC37,177$1.88M0.01%+26,912+262.2%Added
Consolidated Portfolio Review Corp35,203$1.78M0.22%+75+0.2%Added
Brookstone Capital Management34,643$1.75M0.02%+3,220+10.2%Added
Firestone Capital Management33,071$1.67M0.36%+33,071New
Eq Wealth Advisors, LLC32,989$1.67M1.10%+1,652+5.3%Added
Beacon Pointe Advisors, LLC32,979$1.67M0.01%+10,906+49.4%Added
Farther Finance Advisors, LLC32,266$1.63M0.02%+9,343+40.8%Added
Traphagen Investment Advisors LLC31,276$1.58M0.14%+2,467+8.6%Added
Foundations Investment Advisors, LLC31,150$1.58M0.02%−3,378−9.8%Reduced
Archer Investment Management, LLC30,764$1.56M0.96%+1,638+5.6%Added
Birch Hill Investment Advisors LLC30,761$1.56M0.07%00.0%Unchanged
Captrust Financial Advisors30,547$1.55M0.00%+4,703+18.2%Added
RBF Capital, LLC30,000$1.52M0.07%00.0%Unchanged
Aptus Capital Advisors, LLC29,349$1.49M0.01%+29,349New
Summit Financial, LLC29,179$1.48M0.02%+29,179New
Spire Wealth Management28,874$1.46M0.05%+983+3.5%Added
RFG Advisory, LLC28,727$1.45M0.03%+24,485+577.2%Added
Cerity Partners LLC28,042$1.42M0.00%+17,267+160.3%Added
Integrated Wealth Concepts LLC27,899$1.41M0.01%+5,988+27.3%Added
Almanack Investment Partners, LLC.26,377$1.34M0.21%+11,471+77.0%Added
Joseph P. Lucia & Associates, LLC26,014$1.32M0.50%+2,528+10.8%Added
Proficio Capital Partners LLC25,815$1.31M0.09%00.0%Unchanged
SLT Holdings LLC25,334$1.28M0.84%−8,000−24.0%Reduced
Franklin Resources Inc25,141$1.27M0.00%+7,054+39.0%Added
Addison Capital Co25,087$1.27M0.38%−226−0.9%Reduced
Flow Traders U.S. LLC25,071$1.27M0.05%+25,071New
Kids Capital Management, L.P.25,000$1.27M1.00%00.0%Unchanged