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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, Q2 2025

Institutional positions in Grayscale Bitcoin Trust ETF as of Jun 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
766
+59 vs. Q1 2025
Shares held
35.2M
−279.3K (−0.8%) vs. Q1 2025
Total value
$2.99B
+$737.4M (+32.8%) vs. Q1 2025
New holders
107
140 more added
Sold out
48
259 more reduced

8 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 766 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 heldQ2 2025: $2.99B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q1 2025.

Institutions holding GBTC in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Hantz Financial Services, Inc.5,979$507.0K0.01%+100+1.7%Added
RWM Asset Management, LLC5,996$508.6K0.07%+14+0.2%Added
Americana Partners, LLC6,049$513.1K0.02%00.0%Unchanged
Coastal Bridge Advisors, LLC6,055$513.6K0.04%00.0%Unchanged
Woodley Farra Manion Portfolio Management Inc6,073$515.2K0.02%00.0%Unchanged
Koshinski Asset Management, Inc.6,077$515.5K0.04%+82+1.4%Added
Trevian Wealth Management LLC6,115$519.0K0.32%00.0%Unchanged
OneAscent Financial Services LLC6,276$521.0K0.04%−6,438−50.6%Reduced
American Capital Advisory, LLC6,160$522.6K0.26%−19−0.3%Reduced
Meixler Investment Management, Ltd.6,199$525.9K0.36%−112−1.8%Reduced
Evercore Wealth Management, LLC6,250$530.2K0.01%00.0%Unchanged
South State Corp.6,341$537.9K0.02%−117−1.8%Reduced
Schonfeld Strategic Advisors LLC6,348$538.5K0.00%00.0%Unchanged
Riverview Capital Advisers, LLC6,373$540.6K0.15%00.0%Unchanged
Stephenson & Company, Inc.6,400$542.9K0.33%00.0%Unchanged
Equita Financial Network, Inc.6,420$544.6K0.22%00.0%Unchanged
Acorn Financial Advisory Services Inc6,426$545.1K0.09%00.0%Unchanged
Harvest Investment Services, LLC6,481$549.8K0.12%−980−13.1%Reduced
Spears Abacus Advisors LLC6,565$556.9K0.01%+500+8.2%Added
FMR LLC6,571$557.4K0.00%+3,576+119.4%Added
HB Wealth Management, LLC6,595$559.5K0.00%−576−8.0%Reduced
SRS Capital Advisors, Inc.6,087$561.3K0.03%+1,538+33.8%Added
Foundation Wealth Management, LLC6,647$563.9K0.39%00.0%Unchanged
Princeton Capital Management LLC6,677$566.4K0.17%+1,137+20.5%Added
Strategic Wealth Partners, Ltd.6,710$569.2K0.04%+6,710New
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors6,732$571.0K0.04%−49−0.7%Reduced
Coppell Advisory Solutions LLC6,838$575.5K0.07%−55−0.8%Reduced
Silvercrest Asset Management Group LLC6,810$577.7K0.00%+60+0.9%Added
Verity Asset Management, Inc.6,897$585.1K0.28%+100+1.5%Added
NCM Capital Management, LLC6,923$587.3K0.24%00.0%Unchanged
International Private Wealth Advisors LLC6,950$589.5K0.51%+6,950New
RVW Wealth, LLC7,059$598.8K0.05%00.0%Unchanged
Safeguard Investment Advisory Group, LLC7,083$600.8K0.15%−399−5.3%Reduced
Strategies Wealth Advisors, LLC7,160$607.4K0.07%00.0%Unchanged
Pettinga Financial Advisors, LLC7,215$612.0K0.13%+37+0.5%Added
Miracle Mile Advisors, LLC7,259$615.8K0.01%+2,906+66.8%Added
Ancora Advisors, LLC7,260$615.9K0.01%00.0%Unchanged
Leo Wealth, LLC7,449$631.9K0.05%+1,411+23.4%Added
Firestone Capital Management7,468$633.5K0.15%−477−6.0%Reduced
Kingsview Wealth Management, LLC7,543$639.9K0.01%+1,215+19.2%Added
Csenge Advisory Group7,780$641.6K0.03%−10−0.1%Reduced
PBMares Wealth Management LLC7,649$648.9K0.12%−331−4.1%Reduced
MRP Capital Investments, LLC7,655$649.4K0.45%−300−3.8%Reduced
Bulltick Wealth Management, LLC7,659$649.7K0.16%00.0%Unchanged
Global Assets Advisory, LLC7,903$655.6K0.26%−12,775−61.8%Reduced
Mutual Advisors, LLC7,200$661.5K0.02%−126−1.7%Reduced
Clare Market Investments LLC7,854$666.3K0.15%+4,010+104.3%Added
Wall Street Access Asset Management, LLC7,861$666.8K0.23%00.0%Unchanged
Beaird Harris Wealth Management, LLC7,861$666.8K0.05%+100+1.3%Added
180 Wealth Advisors, LLC7,862$666.9K0.09%+7,862New
Leigh Baldwin & Co., LLC7,870$667.6K0.44%+1,250+18.9%Added
Axxcess Wealth Management, LLC7,871$667.7K0.02%+118+1.5%Added
Cypress Wealth Services, LLC7,912$671.2K0.12%00.0%Unchanged
Secure Asset Management, LLC7,969$676.0K0.13%+2,114+36.1%Added
Westmount Partners, LLC7,983$677.2K0.19%−124−1.5%Reduced
Richards, Merrill & Peterson, Inc.8,104$687.5K0.33%+2,525+45.3%Added
Verdence Capital Advisors LLC8,108$687.8K0.05%−116−1.4%Reduced
Kathmere Capital Management, LLC8,141$690.6K0.05%00.0%Unchanged
Cantor Fitzgerald, L. P.8,232$698.3K0.02%+332+4.2%Added
Magnolia Capital Advisors LLC8,284$702.7K0.18%−125−1.5%Reduced
Brinker Capital Investments, LLC8,301$704.2K0.01%+58+0.7%Added
Rathbone Brothers plc8,330$706.6K0.00%−7,300−46.7%Reduced
Galaxy Group Investments LLC8,335$707.1K0.10%00.0%Unchanged
Walled Lake Planning & Wealth Management, LLC8,406$713.1K0.23%00.0%Unchanged
Equitable Holdings, Inc.8,487$720.0K0.01%00.0%Unchanged
Silicon Valley Capital Partners8,500$721.1K0.08%00.0%Unchanged
Catalina Capital Group, LLC8,500$721.1K0.49%00.0%Unchanged
Smith, Moore & Co.8,540$724.4K0.06%−2,415−22.0%Reduced
Horrell Capital Management, Inc.8,573$727.2K0.30%−20−0.2%Reduced
Madden Securities Corp8,585$728.3K0.24%00.0%Unchanged
Mesirow Financial Investment Management, Inc.8,715$739.3K0.01%−365−4.0%Reduced
Valeo Financial Advisors, LLC8,763$743.4K0.02%−1,012−10.4%Reduced
AssuredPartners Investment Advisors, LLC8,809$747.3K0.18%−76−0.9%Reduced
Mission Wealth Management, LP8,809$747.3K0.02%−20−0.2%Reduced
Bedell Frazier Investment Counseling, LLC8,822$748.4K0.19%−600−6.4%Reduced
Ameritas Advisory Services, LLC8,874$752.8K0.04%−11,166−55.7%Reduced
EP Wealth Advisors, LLC8,952$759.4K0.00%+130+1.5%Added
Leavell Investment Management, Inc.8,975$761.3K0.03%+3,825+74.3%Added
Compagnie Lombard Odier SCmA9,050$767.7K0.01%00.0%Unchanged
BCS Wealth Management9,151$776.0K0.17%+110+1.2%Added
Golden State Equity Partners9,160$777.0K0.14%−118−1.3%Reduced
Brookwood Investment Group LLC9,200$780.4K0.13%−860−8.5%Reduced
Channel Wealth LLC9,368$794.7K0.22%+3,268+53.6%Added
Insight Advisors, LLC9,419$799.0K0.13%−12−0.1%Reduced
Concurrent Investment Advisors, LLC9,422$799.3K0.02%+4,159+79.0%Added
Savant Capital, LLC9,492$805.2K0.01%−14−0.1%Reduced
United Advisor Group, LLC9,516$807.2K0.14%00.0%Unchanged
Montz Harcus Wealth Management LLC9,741$826.3K0.40%00.0%Unchanged
Williams Jones Wealth Management, LLC.9,755$827.5K0.01%00.0%Unchanged
Clearwater Capital Advisors, LLC9,798$831.2K0.08%−15−0.2%Reduced
Fiduciary Financial Group, LLC10,212$847.2K0.15%−2,466−19.5%Reduced
Oxbow Advisors, LLC10,000$848.3K0.09%00.0%Unchanged
New Republic Capital, LLC10,040$851.7K0.30%00.0%Unchanged
Stephen J. Garry & Associates, LLC10,116$858.1K0.74%−440−4.2%Reduced
Keystone Global Partners, LLC10,147$860.8K0.47%00.0%Unchanged
Chevy Chase Trust Holdings, Inc.10,186$864.1K0.00%00.0%Unchanged
Summit Financial, LLC10,279$872.0K0.02%+6,415+166.0%Added
Armis Advisers, LLC9,582$891.5K0.07%−595−5.8%Reduced
Iridian Asset Management LLC10,559$895.7K0.31%00.0%Unchanged
Bank of Montreal10,649$903.4K0.00%−228−2.1%Reduced