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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, Q4 2025

Institutional positions in Grayscale Bitcoin Mini Trust ETF as of Dec 31, 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
517
+25 vs. Q3 2025
Shares held
29.2M
+8.98M (+44.4%) vs. Q3 2025
Total value
$1.13B
+$107.9M (+10.5%) vs. Q3 2025
New holders
87
167 more added
Sold out
62
114 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 517 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 heldQ4 2025: $1.13B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Mini Trust ETF; share changes are against Q3 2025.

Institutions holding BTC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bullish4,523,963$175.2M64.80%+4,523,963New
Millennium Management LLC3,167,718$122.7M0.09%+667,553+26.7%Added
Horizon Kinetics Asset Management LLC2,997,060$116.1M1.57%−3,407−0.1%Reduced
Wells Fargo & Company1,472,684$57.0M0.01%+900,987+157.6%Added
Jane Street Group, LLC1,423,573$55.1M0.07%+1,364,947+2,328.2%Added
Steward Partners Investment Advisory, LLC1,297,393$50.2M0.28%+220,174+20.4%Added
Emory University1,023,417$39.6M25.24%00.0%Unchanged
Sloy Dahl & Holst, LLC807,296$31.3M3.75%+132,586+19.7%Added
Paragon Advisors, LLC669,058$25.9M7.04%+669,058New
Steel Peak Wealth Management LLC599,356$23.2M0.76%−2,607−0.4%Reduced
ParaFi Capital LP520,000$20.1M5.64%00.0%Unchanged
Kaleidoscope Capital LP457,091$17.7M6.76%−86,255−15.9%Reduced
Susquehanna International Group, LLP419,315$16.2M0.02%+369,361+739.4%Added
HighTower Advisors, LLC347,474$13.5M0.01%+29,666+9.3%Added
Pasadena Private Wealth, LLC310,465$12.0M1.64%+89,354+40.4%Added
EagleClaw Capital Managment, LLC301,190$11.7M1.69%+4,080+1.4%Added
Multicoin Capital Management, LLC264,361$10.2M8.95%00.0%Unchanged
LPL Financial LLC201,221$7.79M0.00%+9,644+5.0%Added
Riversedge Advisors, LLC196,580$7.61M1.24%−29,708−13.1%Reduced
Assetmark, Inc188,510$7.30M0.01%+188,468+448,733.3%Added
MML Investors Services, LLC185,011$7.17M0.02%+52,496+39.6%Added
Mariner, LLC180,422$6.99M0.01%+31,337+21.0%Added
Reliant Wealth Planning165,433$6.41M2.00%−4,224−2.5%Reduced
HFG Wealth Management, LLC159,218$6.17M3.40%+10,849+7.3%Added
Moors & Cabot, Inc.152,061$5.89M0.25%+3,368+2.3%Added
Apriem Advisors145,667$5.64M0.52%+93,713+180.4%Added
Renaissance Technologies LLC135,560$5.25M0.01%+77,100+131.9%Added
Toroso Investments, LLC132,407$5.13M0.02%−61,287−31.6%Reduced
Citadel Advisors LLC123,270$4.77M0.00%+51,523+71.8%Added
One Charles Private Wealth Services, LLC122,551$4.75M1.23%+4,077+3.4%Added
Exit Wealth Advisors, LLC.120,890$4.68M2.77%+120,890New
Cambridge Investment Research Advisors, Inc.120,093$4.65M0.01%+17,281+16.8%Added
VVR Holdings LLC115,552$4.48M2.33%+115,552New
Kestra Advisory Services, LLC109,553$4.24M0.02%+2,622+2.5%Added
Stonebrook Private Inc.109,453$4.24M0.89%+109,453New
MSRH, LLC103,200$4.00M4.46%+103,200New
Beaumont Financial Advisors, LLC99,004$3.83M0.25%−23,283−19.0%Reduced
Financial Security Advisor, Inc.97,826$3.79M0.73%+24,521+33.5%Added
ShoreHaven Wealth Partners, LLC97,664$3.78M1.36%+19,215+24.5%Added
DRW Securities, LLC97,499$3.78M0.29%+92,234+1,751.8%Added
JPMorgan Chase & Co97,380$3.77M0.00%+18,799+23.9%Added
Merit Financial Group, LLC96,546$3.74M0.03%+18,157+23.2%Added
Colony Group, LLC85,576$3.67M0.00%−852−1.0%Reduced
Fielder Capital Group LLC82,536$3.20M0.68%+24,012+41.0%Added
Franklin Resources Inc79,617$3.08M0.00%+54,476+216.7%Added
Commonwealth Equity Services, LLC79,228$3.07M0.00%+9,759+14.0%Added
Mad River Investors77,647$3.01M1.37%−4,532−5.5%Reduced
R. W. Roge & Company, Inc.77,438$3.00M1.48%−13,805−15.1%Reduced
Meitav Dash Investments Ltd73,746$2.86M0.03%+14,084+23.6%Added
Wealth Enhancement Advisory Services, LLC69,705$2.85M0.00%+2,315+3.4%Added
Quadcap Wealth Management, LLC71,305$2.76M0.32%+6,948+10.8%Added
Cetera Investment Advisers71,052$2.75M0.00%+60,088+548.0%Added
Proficio Capital Partners LLC70,776$2.74M0.19%+44,961+174.2%Added
Kingswood Wealth Advisors, LLC70,031$2.71M0.13%+4,308+6.6%Added
Axxcess Wealth Management, LLC66,488$2.58M0.05%+9,847+17.4%Added
Wealthfront Advisers LLC61,048$2.36M0.01%−3,082−4.8%Reduced
Peak Financial Advisors LLC60,929$2.36M1.06%+10,258+20.2%Added
Theory Financial LLC59,542$2.31M0.78%−4,803−7.5%Reduced
Van Hulzen Asset Management, LLC57,283$2.22M0.16%+16,686+41.1%Added
Ethos Financial Group, LLC53,631$2.08M0.15%+43,168+412.6%Added
Spahn Wealth & Retirement LLC53,398$2.07M1.28%−9,338−14.9%Reduced
McKinley Carter Wealth Services, Inc.52,134$2.02M0.11%+32,958+171.9%Added
Pettinga Financial Advisors, LLC50,591$1.96M0.37%+1,239+2.5%Added
Aries Wealth Management50,461$1.95M0.43%+12,958+34.6%Added
Bank of America Corp49,549$1.92M0.00%+49,074+10,331.4%Added
Envestnet Asset Management Inc49,052$1.90M0.00%−8,749−15.1%Reduced
National Asset Management, Inc.48,845$1.89M0.09%−13,108−21.2%Reduced
Claro Advisors LLC48,061$1.86M0.25%−1,435−2.9%Reduced
TigerOak Management, L.L.C.45,676$1.77M0.54%+5,627+14.1%Added
Weil Company, Inc.45,558$1.76M0.41%+4,756+11.7%Added
Thryve Wealth Management LLC44,543$1.73M0.85%+44,543New
Summit Financial, LLC43,789$1.70M0.02%+14,610+50.1%Added
Balboa Wealth Partners41,234$1.60M0.26%−3,243−7.3%Reduced
Creative Planning40,777$1.58M0.00%+1,021+2.6%Added
Cerity Partners LLC40,424$1.57M0.00%+12,382+44.2%Added
Lido Advisors, LLC31,323$1.54M0.01%−7,308−18.9%Reduced
Virtu Financial LLC38,697$1.50M0.06%+33,624+662.8%Added
ATX Financial Planning, LLC38,143$1.48M1.14%+38,143New
Beck Capital Management, LLC37,703$1.46M0.35%−106,662−73.9%Reduced
Sequoia Financial Advisors, LLC36,448$1.41M0.01%−729−2.0%Reduced
Traphagen Investment Advisors LLC35,477$1.37M0.11%+4,201+13.4%Added
Eq Wealth Advisors, LLC34,930$1.35M0.80%+1,941+5.9%Added
Advisory Services Network, LLC34,748$1.35M0.02%+17,345+99.7%Added
Firestone Capital Management34,663$1.34M0.28%+1,592+4.8%Added
Aptus Capital Advisors, LLC34,481$1.34M0.01%+5,132+17.5%Added
Foundation Wealth Management, LLC33,514$1.30M0.85%+33,514New
RFG Advisory, LLC32,310$1.25M0.02%+3,583+12.5%Added
Diligent Investors, LLC30,723$1.19M0.29%+16,870+121.8%Added
Foundations Investment Advisors, LLC30,254$1.17M0.02%−896−2.9%Reduced
RBF Capital, LLC30,000$1.16M0.05%00.0%Unchanged
Archer Investment Management, LLC29,714$1.15M0.62%−1,050−3.4%Reduced
SLT Holdings LLC29,693$1.15M0.77%+4,359+17.2%Added
Matauro, LLC29,423$1.14M0.17%+22,955+354.9%Added
Red Door Wealth Management, LLC29,339$1.14M0.12%+6,373+27.7%Added
Northwestern Mutual Wealth Management Co29,177$1.13M0.00%+28,812+7,893.7%Added
Centaurus Financial, Inc.28,776$1.11M0.05%+6,503+29.2%Added
Birch Hill Investment Advisors LLC28,761$1.11M0.05%−2,000−6.5%Reduced
Benson Wealth Management INC28,438$1.10M1.23%+28,438New
Retirement Financial Solutions, LLC28,417$1.10M0.32%+28,417New
Elm Partners Management LLC27,600$1.07M0.05%+27,600New