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Grayscale Bitcoin Trust ETF

GBTC
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001588489

No open-market purchases or sales by Grayscale Bitcoin Trust ETF insiders were filed in the last 90 days; 605 institutions reported holding it in 13F filings for Q2 2026, worth $1.27B in total; no superinvestor holds it.

13F holders, Q4 2024

Institutional positions in Grayscale Bitcoin Trust ETF as of Dec 31, 2024. 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
758
+153 vs. Q3 2024
Shares held
35.3M
−1.32M (−3.6%) vs. Q3 2024
Total value
$2.61B
+$796.4M (+44.0%) vs. Q3 2024
New holders
190
166 more added
Sold out
37
227 more reduced

16 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GBTC 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 2024: 758 institutions
Q1 2021: 75 institutionsQ2 2021: 59 institutionsQ3 2021: 59 institutionsQ4 2021: 66 institutionsQ1 2022: 56 institutionsQ2 2022: 46 institutionsQ3 2022: 50 institutionsQ4 2022: 48 institutionsQ1 2023: 43 institutionsQ2 2023: 45 institutionsQ3 2023: 44 institutionsQ4 2023: 47 institutionsQ1 2024: 648 institutionsQ2 2024: 663 institutionsQ3 2024: 621 institutionsQ4 2024: 758 institutionsQ1 2025: 715 institutionsQ2 2025: 766 institutionsQ3 2025: 787 institutionsQ4 2025: 740 institutionsQ1 2026: 660 institutionsQ2 2026: 605 institutions
Value heldQ4 2024: $2.61B
Q1 2021: $538.7MQ2 2021: $341.2MQ3 2021: $369.9MQ4 2021: $328.8MQ1 2022: $248.1MQ2 2022: $153.6MQ3 2022: $86.4MQ4 2022: $196.5MQ1 2023: $378.0MQ2 2023: $445.7MQ3 2023: $436.3MQ4 2023: $591.8MQ1 2024: $4.28BQ2 2024: $2.68BQ3 2024: $1.82BQ4 2024: $2.61BQ1 2025: $2.25BQ2 2025: $2.99BQ3 2025: $3.02BQ4 2025: $2.25BQ1 2026: $1.67BQ2 2026: $1.27B
Institutions holding GBTC and their total value by quarter
QuarterHoldersValue
Q2 2026605$1.27B
Q1 2026660$1.67B
Q4 2025740$2.25B
Q3 2025787$3.02B
Q2 2025766$2.99B
Q1 2025715$2.25B
Q4 2024758$2.61B
Q3 2024621$1.82B
Q2 2024663$2.68B
Q1 2024648$4.28B
Q4 202347$591.8M
Q3 202344$436.3M
Q2 202345$445.7M
Q1 202343$378.0M
Q4 202248$196.5M
Q3 202250$86.4M
Q2 202246$153.6M
Q1 202256$248.1M
Q4 202166$328.8M
Q3 202159$369.9M
Q2 202159$341.2M
Q1 202175$538.7M

Institutions, Q4 2024

Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q3 2024.

Institutions holding GBTC in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC15,168,163$1.12B13.98%−39,897−0.3%Reduced
Multicoin Capital Management, LLC1,321,808$97.8M26.16%00.0%Unchanged
LPL Financial LLC1,121,456$83.0M0.03%+4,728+0.4%Added
HighTower Advisors, LLC669,060$49.5M0.07%−21,452−3.1%Reduced
Greenwich Wealth Management LLC643,635$44.2M3.12%−433,185−40.2%Reduced
Wealthfront Advisers LLC442,362$32.7M0.10%−62,948−12.5%Reduced
EagleClaw Capital Managment, LLC403,354$29.9M4.73%−1,196−0.3%Reduced
Mad River Investors385,806$28.6M13.27%−3,939−1.0%Reduced
Moors & Cabot, Inc.362,665$26.8M1.28%−6,310−1.7%Reduced
Beaumont Financial Advisors, LLC335,935$24.9M1.87%−26,237−7.2%Reduced
One Charles Private Wealth Services, LLC294,713$21.8M7.34%−4,502−1.5%Reduced
Kingswood Wealth Advisors, LLC285,067$21.1M1.58%−11,695−3.9%Reduced
Cambridge Investment Research Advisors, Inc.279,805$20.7M0.07%−9,397−3.2%Reduced
Commonwealth Equity Services, LLC248,820$18.4M0.03%−10,621−4.1%Reduced
Colony Group, LLC242,752$18.0M0.05%−485,289−66.7%Reduced
Cresset Asset Management, LLC236,227$17.5M0.08%−90,411−27.7%Reduced
Cetera Investment Advisers221,267$16.4M0.03%−25,191−10.2%Reduced
Wealth Enhancement Advisory Services, LLC221,153$16.4M0.03%+46,072+26.3%Added
Jane Street Group, LLC202,902$15.0M0.02%+104,552+106.3%Added
Millennium Management LLC166,177$12.3M0.01%+66,177+66.2%Added
Kestra Advisory Services, LLC165,066$12.2M0.07%+35,350+27.3%Added
Aristides Capital LLC164,931$12.2M3.81%+17,800+12.1%Added
Mariner, LLC156,027$11.6M0.02%+15,775+11.2%Added
Atlas Wealth Partners, LLC152,552$11.3M14.29%−1,380−0.9%Reduced
RBF Capital, LLC150,000$11.1M0.58%00.0%Unchanged
Flow Traders U.S. LLC149,745$11.1M0.44%+149,745New
Foundations Investment Advisors, LLC143,835$10.6M0.21%+29,389+25.7%Added
SLT Holdings LLC137,838$10.2M9.66%+137,838New
Sloy Dahl & Holst, LLC136,312$10.1M1.28%−11,213−7.6%Reduced
Pasadena Private Wealth, LLC134,988$9.99M2.05%−3,703−2.7%Reduced
Lido Advisors, LLC134,124$9.93M0.06%+71,422+113.9%Added
Brookstone Capital Management128,233$9.49M0.14%+1,612+1.3%Added
Fielder Capital Group LLC125,728$9.31M2.90%−2,636−2.1%Reduced
Lakewood Capital Management, LP123,500$9.14M0.86%00.0%Unchanged
Innovative Advisory Group, LLC117,952$8.73M7.78%+117,952New
Sequoia Financial Advisors, LLC116,047$8.59M0.08%−64,021−35.6%Reduced
Independent Financial Group, LLC115,077$8.52M0.28%+2,935+2.6%Added
Birch Hill Investment Advisors LLC110,970$8.21M0.38%−26,541−19.3%Reduced
Blair William & Co109,413$8.10M0.02%+1,117+1.0%Added
Once Capital Management, LLC107,700$7.97M3.62%00.0%Unchanged
Discovery Capital Management, LLC107,400$7.95M0.54%+107,400New
Claro Advisors LLC106,842$7.91M1.07%−958−0.9%Reduced
Larson Financial Group LLC105,929$7.84M0.41%+3,496+3.4%Added
Citrine Capital LLC104,309$7.72M5.69%+104,309New
Fiduciary Alliance LLC103,771$7.68M0.78%+27,088+35.3%Added
Envestnet Asset Management Inc101,664$7.53M0.00%−21,349−17.4%Reduced
Blue Square Asset Management, LLC97,934$7.25M3.61%−9,389−8.7%Reduced
Red Door Wealth Management, LLC97,841$7.24M1.11%+1,411+1.5%Added
Variant Private Wealth, LLC96,101$7.11M6.78%+96,101New
Traphagen Investment Advisors LLC95,290$7.05M0.72%−6,047−6.0%Reduced
Van Hulzen Asset Management, LLC85,278$6.31M0.46%−5,160−5.7%Reduced
Virtu Financial LLC84,417$6.25M0.33%+84,417New
Beck Capital Management, LLC84,083$6.22M1.65%−1,418−1.7%Reduced
NewEdge Wealth, LLC80,958$5.99M0.10%00.0%Unchanged
Creative Planning78,858$5.84M0.01%−4,457−5.3%Reduced
Intellectus Partners, LLC78,684$5.82M1.29%−1,250−1.6%Reduced
MONECO Advisors, LLC78,108$5.78M0.61%+1,161+1.5%Added
ICONIQ Capital, LLC77,932$5.77M0.09%00.0%Unchanged
Fiduciary Trust Co77,115$5.71M0.08%00.0%Unchanged
Old Mission Capital LLC75,118$5.56M0.13%+75,118New
Consolidated Portfolio Review Corp74,339$5.50M0.87%+52,852+246.0%Added
Haven Private, LLC73,410$5.43M3.03%+73,410New
Ascension Capital Advisors, Inc.72,191$5.34M2.33%−2,019−2.7%Reduced
Legacy Wealth Asset Management, LLC71,749$5.31M1.45%−20,423−22.2%Reduced
Guild Investment Management, Inc.67,595$5.00M5.45%−67,595−50.0%Reduced
Seldon Capital LP66,107$4.89M2.00%00.0%Unchanged
Merit Financial Group, LLC65,738$4.87M0.09%+27,980+74.1%Added
Global Retirement Partners, LLC64,930$4.81M0.14%−4,471−6.4%Reduced
Santa Monica Partners LP64,932$4.81M2.60%+64,932New
Mercer Global Advisors Inc64,854$4.80M0.01%+15,450+31.3%Added
Bleakley Financial Group, LLC62,702$4.64M0.14%+2,313+3.8%Added
J. Safra Sarasin Holding AG61,050$4.52M0.08%00.0%Unchanged
Convergence Financial, LLC57,700$4.27M0.85%−927−1.6%Reduced
SJS Investment Consulting Inc.57,565$4.26M0.74%+30,112+109.7%Added
Verde Capital Management57,503$4.26M1.20%−3,113−5.1%Reduced
NTV Asset Management LLC57,487$4.26M0.56%−1,000−1.7%Reduced
Advisory Services Network, LLC56,854$4.21M0.08%+5,221+10.1%Added
Raymond James Financial Inc56,810$4.21M0.00%+56,810New
Kestra Private Wealth Services, LLC56,476$4.18M0.07%+8,501+17.7%Added
Keystone Financial Group54,729$4.17M0.41%+41,348+309.0%Added
Smithfield Trust Co56,195$4.16M0.21%00.0%Unchanged
Pekin Hardy Strauss, Inc.55,457$4.10M0.52%−12,825−18.8%Reduced
Bray Capital Advisors54,261$4.02M1.09%00.0%Unchanged
Brown Advisory Inc51,683$3.83M0.00%+202+0.4%Added
Wealthspire Advisors, LLC50,416$3.73M0.04%+4,353+9.5%Added
Goldman Sachs Group Inc49,183$3.64M0.00%−1,373,886−96.5%Reduced
GWM Advisors LLC48,310$3.58M0.02%+1,309+2.8%Added
US Bancorp48,016$3.55M0.00%+1,143+2.4%Added
Epiq Partners, LLC47,900$3.55M1.92%−7,600−13.7%Reduced
Pathstone Holdings, LLC47,761$3.54M0.02%+2,428+5.4%Added
Captrust Financial Advisors47,680$3.53M0.01%−2,730−5.4%Reduced
White Knight Strategic Wealth Advisors, LLC47,488$3.52M1.47%+23,748+100.0%Added
Integrated Wealth Concepts LLC46,772$3.46M0.04%+7,804+20.0%Added
The PNC Financial Services Group, Inc.46,522$3.44M0.00%00.0%Unchanged
Proficio Capital Partners LLC46,112$3.41M0.28%00.0%Unchanged
Cerity Partners LLC45,660$3.38M0.01%+747+1.7%Added
Fagan Associates, Inc.44,508$3.29M0.52%−16,567−27.1%Reduced
Certior Financial Group, LLC43,832$3.24M2.88%+43,832New
Prosperity Financial Group, Inc.43,501$3.22M1.61%+43,501New
Watts Gwilliam & Co., LLC41,767$3.19M0.67%00.0%Unchanged