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; 606 institutions reported holding it in 13F filings for Q2 2026, worth $1.27B in total; no superinvestor holds it.
13F holders, Q1 2025
Institutional positions in Grayscale Bitcoin Trust ETF as of Mar 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
- 715
- −29 vs. Q4 2024
- Shares held
- 35.5M
- +388.2K (+1.1%) vs. Q4 2024
- Total value
- $2.25B
- −$344.2M (−13.3%) vs. Q4 2024
- New holders
- 50
- 176 more added
- Sold out
- 79
- 245 more reduced
14 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 606 | $1.27B |
| Q1 2026 | 660 | $1.67B |
| Q4 2025 | 740 | $2.25B |
| Q3 2025 | 787 | $3.02B |
| Q2 2025 | 766 | $2.99B |
| Q1 2025 | 715 | $2.25B |
| Q4 2024 | 758 | $2.61B |
| Q3 2024 | 621 | $1.82B |
| Q2 2024 | 663 | $2.68B |
| Q1 2024 | 648 | $4.28B |
| Q4 2023 | 47 | $591.8M |
| Q3 2023 | 44 | $436.3M |
| Q2 2023 | 45 | $445.7M |
| Q1 2023 | 43 | $378.0M |
| Q4 2022 | 48 | $196.5M |
| Q3 2022 | 50 | $86.4M |
| Q2 2022 | 46 | $153.6M |
| Q1 2022 | 56 | $248.1M |
| Q4 2021 | 66 | $328.8M |
| Q3 2021 | 59 | $369.9M |
| Q2 2021 | 59 | $341.2M |
| Q1 2021 | 75 | $538.7M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| TB Alternative Assets Ltd. | 290,203 | $18.9M | 4.39% | +262,362+942.4% | Added |
| One Charles Private Wealth Services, LLC | 292,881 | $19.1M | 6.18% | −1,832−0.6% | Reduced |
| Beaumont Financial Advisors, LLC | 298,045 | $19.4M | 1.52% | −37,890−11.3% | Reduced |
| Cresset Asset Management, LLC | 299,976 | $19.5M | 0.10% | +63,749+27.0% | Added |
| Jane Street Group, LLC | 320,223 | $20.9M | 0.04% | +117,321+57.8% | Added |
| Moors & Cabot, Inc. | 328,095 | $21.4M | 1.08% | −34,570−9.5% | Reduced |
| DRW Securities, LLC | 370,589 | $24.2M | 2.05% | +331,538+849.0% | Added |
| Mad River Investors | 372,481 | $24.3M | 10.28% | −13,325−3.5% | Reduced |
| EagleClaw Capital Managment, LLC | 399,086 | $26.0M | 4.09% | −4,268−1.1% | Reduced |
| Wealthfront Advisers LLC | 422,635 | $27.5M | 0.07% | −19,727−4.5% | Reduced |
| Greenwich Wealth Management LLC | 640,920 | $38.7M | 2.93% | −2,715−0.4% | Reduced |
| HighTower Advisors, LLC | 666,447 | $43.4M | 0.06% | −2,613−0.4% | Reduced |
| LPL Financial LLC | 1,062,605 | $69.2M | 0.03% | −58,851−5.2% | Reduced |
| Multicoin Capital Management, LLC | 1,321,808 | $86.1M | 89.93% | 00.0% | Unchanged |
| Horizon Kinetics Asset Management LLC | 14,696,513 | $957.8M | 10.87% | −471,650−3.1% | Reduced |
| Cetera Investment Advisers | 0 | $0 | 0.00% | −221,267−100.0% | Sold out |
| Flow Traders U.S. LLC | 0 | $0 | 0.00% | −149,745−100.0% | Sold out |
| Discovery Capital Management, LLC | 0 | $0 | 0.00% | −107,400−100.0% | Sold out |
| Old Mission Capital LLC | 0 | $0 | 0.00% | −75,118−100.0% | Sold out |
| Goldman Sachs Group Inc | 0 | $0 | 0.00% | −49,183−100.0% | Sold out |
| Boston Private Wealth LLC | 0 | $0 | 0.00% | −22,238−100.0% | Sold out |
| WCG Wealth Advisors LLC | 0 | $0 | 0.00% | −17,434−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −15,000−100.0% | Sold out |
| Laidlaw Wealth Management LLC | 0 | $0 | 0.00% | −11,963−100.0% | Sold out |
| Stevens Capital Management LP | 0 | $0 | 0.00% | −10,800−100.0% | Sold out |
| Senator Investment Group LP | 0 | $0 | 0.00% | −9,000−100.0% | Sold out |
| Fisher Asset Management, LLC | 0 | $0 | 0.00% | −8,557−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −7,607−100.0% | Sold out |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 0 | $0 | 0.00% | −7,442−100.0% | Sold out |
| Fortress Private Ledger, LLC | 0 | $0 | 0.00% | −6,138−100.0% | Sold out |
| Morling Financial Advisors, LLC | 0 | $0 | 0.00% | −6,001−100.0% | Sold out |
| ARS Wealth Advisors Group, LLC | 0 | $0 | 0.00% | −5,682−100.0% | Sold out |
| Concorde Asset Management, LLC | 0 | $0 | 0.00% | −4,872−100.0% | Sold out |
| WoodTrust Financial Corp | 0 | $0 | 0.00% | −4,703−100.0% | Sold out |
| KG&L Capital Management,LLC | 0 | $0 | 0.00% | −4,420−100.0% | Sold out |
| Windle Wealth, LLC | 0 | $0 | 0.00% | −4,225−100.0% | Sold out |
| Thrivent Financial for Lutherans | 0 | $0 | 0.00% | −4,198−100.0% | Sold out |
| Balboa Wealth Partners | 0 | $0 | 0.00% | −3,990−100.0% | Sold out |
| First Heartland Consultants, Inc. | 0 | $0 | 0.00% | −3,798−100.0% | Sold out |
| Smart Money Group LLC | 0 | $0 | 0.00% | −3,749−100.0% | Sold out |
| Financial Security Advisor, Inc. | 0 | $0 | 0.00% | −3,686−100.0% | Sold out |
| Miller Financial Services LLC | 0 | $0 | 0.00% | −3,464−100.0% | Sold out |
| LGL Partners, LLC | 0 | $0 | 0.00% | −3,437−100.0% | Sold out |
| Revisor Wealth Management LLC | 0 | $0 | 0.00% | −3,357−100.0% | Sold out |
| Octavia Wealth Advisors, LLC | 0 | $0 | 0.00% | −3,216−100.0% | Sold out |
| Accredited Investor Services, LLC | 0 | $0 | 0.00% | −3,165−100.0% | Sold out |
| New World Advisors LLC | 0 | $0 | 0.00% | −3,161−100.0% | Sold out |
| M1 Capital Management LLC | 0 | $0 | 0.00% | −3,044−100.0% | Sold out |
| Ascent Group, LLC | 0 | $0 | 0.00% | −3,033−100.0% | Sold out |
| Portfolio Design Labs, LLC | 0 | $0 | 0.00% | −3,033−100.0% | Sold out |
| CFO4Life Group, LLC | 0 | $0 | 0.00% | −2,990−100.0% | Sold out |
| New Wave Wealth Advisors LLC | 0 | $0 | 0.00% | −2,969−100.0% | Sold out |
| Purkiss Capital Advisors LLC | 0 | $0 | 0.00% | −2,958−100.0% | Sold out |
| 25 LLC | 0 | $0 | 0.00% | −2,950−100.0% | Sold out |
| KMG Fiduciary Partners, LLC | 0 | $0 | 0.00% | −2,949−100.0% | Sold out |
| Sandhill Capital Partners LLC | 0 | $0 | 0.00% | −2,935−100.0% | Sold out |
| Horizon Wealth Management, LLC | 0 | $0 | 0.00% | −2,921−100.0% | Sold out |
| Wealth Quarterback LLC | 0 | $0 | 0.00% | −2,911−100.0% | Sold out |
| Walkner Condon Financial Advisors LLC | 0 | $0 | 0.00% | −2,908−100.0% | Sold out |
| Brighton Jones LLC | 0 | $0 | 0.00% | −2,900−100.0% | Sold out |
| Elevatus Welath Management | 0 | $0 | 0.00% | −2,900−100.0% | Sold out |
| Strategic Advocates LLC | 0 | $0 | 0.00% | −2,895−100.0% | Sold out |
| SWP Financial LLC | 0 | $0 | 0.00% | −2,895−100.0% | Sold out |
| Verus Capital Partners, LLC | 0 | $0 | 0.00% | −2,825−100.0% | Sold out |
| Flputnam Investment Management Co | 0 | $0 | 0.00% | −2,796−100.0% | Sold out |
| Vestia Personal Wealth Advisors | 0 | $0 | 0.00% | −2,777−100.0% | Sold out |
| Hutchens & Kramer Investment Management Group, LLC | 0 | $0 | 0.00% | −2,771−100.0% | Sold out |
| MWA Asset Management | 0 | $0 | 0.00% | −2,752−100.0% | Sold out |
| Cornerstone Advisory, LLC | 0 | $0 | 0.00% | −2,643−100.0% | Sold out |
| Oxinas Partners Wealth Management LLC | 0 | $0 | 0.00% | −2,748−100.0% | Sold out |
| Summit Asset Management, LLC | 0 | $0 | 0.00% | −2,725−100.0% | Sold out |
| Venture Visionary Partners LLC | 0 | $0 | 0.00% | −2,724−100.0% | Sold out |
| Claudia M.P. Batlle, CRP (R) LLC | 0 | $0 | 0.00% | −2,723−100.0% | Sold out |
| Hengehold Capital Management LLC | 0 | $0 | 0.00% | −2,714−100.0% | Sold out |
| Knuff & Co LLC | 0 | $0 | 0.00% | −1,750−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −1,621−100.0% | Sold out |
| Pathway Financial Advisers, LLC | 0 | $0 | 0.00% | −1,618−100.0% | Sold out |
| Richard W. Paul & Associates, LLC | 0 | $0 | 0.00% | −1,015−100.0% | Sold out |
| Main Management LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Financial Life Planners | 0 | $0 | 0.00% | −824−100.0% | Sold out |
| Avondale Wealth Management | 0 | $0 | 0.00% | −625−100.0% | Sold out |
| Castleview Partners, LLC | 0 | $0 | 0.00% | −548−100.0% | Sold out |
| Cullen/Frost Bankers, Inc. | 0 | $0 | 0.00% | −490−100.0% | Sold out |
| Measured Risk Portfolios, Inc. | 0 | $0 | 0.00% | −430−100.0% | Sold out |
| Kohmann Bosshard Financial Services, LLC | 0 | $0 | 0.00% | −302−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −298−100.0% | Sold out |
| Legend Financial Advisors, Inc. | 0 | $0 | 0.00% | −156−100.0% | Sold out |
| BOK Financial Private Wealth, Inc. | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Sugar Maple Asset Management, LLC | 0 | $0 | 0.00% | −95−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −76−100.0% | Sold out |
| Milestone Investment Advisors LLC | 0 | $0 | 0.00% | −74−100.0% | Sold out |
| Venturi Wealth Management, LLC | 0 | $0 | 0.00% | −72−100.0% | Sold out |
| Beacon Capital Management, LLC | 0 | $0 | 0.00% | −35−100.0% | Sold out |
| Evolution Advisers, Inc. | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |
| Bray Capital Advisors | – | – | – | – | Not filed |
| Lakeview Capital Partners, LLC | – | – | – | – | Not filed |
| Oliver Lagore Vanvalin Investment Group | – | – | – | – | Not filed |
| Cornerstone Planning, LLC | – | – | – | – | Not filed |
| Strategic Wealth Partners, Ltd. | – | – | – | – | Not filed |