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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 605 | $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, Q2 2025
Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| J.W. Cole Advisors, Inc. | 10,657 | $904.0K | 0.02% | +2,774+35.2% | Added |
| Western Wealth Management, LLC | 10,668 | $905.0K | 0.05% | 00.0% | Unchanged |
| Evergreen Capital Management LLC | 10,725 | $909.8K | 0.03% | +2,500+30.4% | Added |
| Formidable Asset Management, LLC | 14,060 | $916.3K | 0.15% | 00.0% | Unchanged |
| VestGen Advisors, LLC | 10,829 | $918.6K | 0.04% | +6,873+173.7% | Added |
| Capital Performance Advisors LLP | 10,947 | $928.6K | 0.18% | 00.0% | Unchanged |
| Centaurus Financial, Inc. | 10,995 | $933.0K | 0.05% | +586+5.6% | Added |
| Transcend Wealth Collective, LLC | 11,002 | $933.3K | 0.07% | −1,162−9.6% | Reduced |
| NorthRock Partners, LLC | 11,073 | $939.3K | 0.02% | −628−5.4% | Reduced |
| Adviser Investments LLC | 11,087 | $940.5K | 0.01% | 00.0% | Unchanged |
| Change Path, LLC | 11,094 | $941.1K | 0.02% | +4,369+65.0% | Added |
| BEAM Asset Management, LLC | 11,163 | $947.0K | 0.28% | −59−0.5% | Reduced |
| Insigneo Advisory Services, LLC | 11,163 | $947.0K | 0.08% | +3,067+37.9% | Added |
| Clearstead Advisors, LLC | 11,175 | $948.0K | 0.01% | −4,778−30.0% | Reduced |
| Schneider Downs Wealth Management Advisors, LP | 11,185 | $948.8K | 0.14% | 00.0% | Unchanged |
| Congress Wealth Management LLC | 11,225 | $952.4K | 0.01% | +420+3.9% | Added |
| Fortis Capital Management LLC | 11,248 | $954.2K | 0.15% | +277+2.5% | Added |
| HBK Sorce Advisory LLC | 11,261 | $955.3K | 0.03% | −172−1.5% | Reduced |
| Acas, LLC | 10,006 | $966.6K | 0.65% | −15−0.1% | Reduced |
| Matrix Private Capital Group LLC | 11,555 | $980.2K | 0.58% | −230−2.0% | Reduced |
| Embree Financial Group | 11,597 | $983.8K | 0.15% | +157+1.4% | Added |
| Howland Capital Management LLC | 11,600 | $984.0K | 0.04% | 00.0% | Unchanged |
| Peapack Gladstone Financial Corp | 11,907 | $1.01M | 0.01% | +10+0.1% | Added |
| Dakota Wealth Management | 11,931 | $1.01M | 0.02% | 00.0% | Unchanged |
| Essex Financial Services, Inc. | 12,029 | $1.02M | 0.07% | +50+0.4% | Added |
| Edge Financial Advisors LLC | 12,256 | $1.02M | 0.54% | +2,835+30.1% | Added |
| Stark Wealth Management LLC | 14,850 | $1.02M | 1.46% | +14,850 | New |
| Doliver Advisors, LP | 12,116 | $1.03M | 0.28% | −57−0.5% | Reduced |
| Plancorp, LLC | 12,126 | $1.03M | 0.04% | −48−0.4% | Reduced |
| PFG Investments, LLC | 12,249 | $1.04M | 0.06% | −2,203−15.2% | Reduced |
| Signaturefd, LLC | 12,308 | $1.04M | 0.02% | −10−0.1% | Reduced |
| National Philanthropic Trust | 12,389 | $1.05M | 0.01% | 00.0% | Unchanged |
| Quadrant Private Wealth Management, LLC | 12,460 | $1.06M | 0.22% | −535−4.1% | Reduced |
| Runnymede Capital Advisors, Inc. | 12,468 | $1.06M | 0.97% | +373+3.1% | Added |
| Aspen Grove Capital, LLC | 12,655 | $1.07M | 0.18% | 00.0% | Unchanged |
| Wealth Alliance Advisory Group, LLC | 12,744 | $1.08M | 0.21% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 12,792 | $1.09M | 0.02% | +1,599+14.3% | Added |
| Prime Capital Investment Advisors, LLC | 12,841 | $1.09M | 0.01% | −3,582−21.8% | Reduced |
| Advyzon Investment Management, LLC | 12,864 | $1.09M | 0.24% | +12,864 | New |
| NVWM, LLC | 12,936 | $1.10M | 0.26% | +12,708+5,573.7% | Added |
| Vista Finance, LLC | 12,986 | $1.10M | 0.95% | −10.0% | Reduced |
| Gables Capital Management Inc. | 12,995 | $1.10M | 0.52% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 11,865 | $1.11M | 0.03% | +931+8.5% | Added |
| Deltec Asset Management LLC | 13,250 | $1.12M | 0.20% | −100−0.7% | Reduced |
| Steel Peak Wealth Management LLC | 13,272 | $1.13M | 0.04% | +7,675+137.1% | Added |
| Modern Wealth Management, LLC | 13,323 | $1.13M | 0.03% | +1,010+8.2% | Added |
| BlackRock, Inc. | 13,420 | $1.14M | 0.00% | +13,220+6,610.0% | Added |
| Belpointe Asset Management LLC | 13,446 | $1.14M | 0.05% | +155+1.2% | Added |
| Montag A & Associates Inc | 13,481 | $1.14M | 0.06% | −1,502−10.0% | Reduced |
| Cherrydale Wealth Management, LLC | 13,531 | $1.15M | 0.40% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 13,583 | $1.15M | 0.01% | +35+0.3% | Added |
| Malaga Cove Capital, LLC | 13,659 | $1.16M | 0.46% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 14,147 | $1.20M | 0.03% | −2,476−14.9% | Reduced |
| Mills Wealth Advisors LLC | 14,358 | $1.21M | 0.56% | −27−0.2% | Reduced |
| Regions Financial Corp | 14,417 | $1.22M | 0.01% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 14,420 | $1.22M | 0.03% | −419−2.8% | Reduced |
| Pinnacle Associates Ltd | 14,424 | $1.22M | 0.02% | −235−1.6% | Reduced |
| Rothschild Investment LLC | 14,490 | $1.23M | 0.08% | 00.0% | Unchanged |
| Aries Wealth Management | 14,545 | $1.23M | 0.32% | −350−2.3% | Reduced |
| Fortress Wealth Group, LLC | 13,785 | $1.24M | 0.58% | −578−4.0% | Reduced |
| Fountainhead AM, LLC | 14,663 | $1.24M | 0.18% | 00.0% | Unchanged |
| Midwest Trust Co | 14,754 | $1.25M | 0.02% | +14,754 | New |
| Empower Advisory Group, LLC | 15,141 | $1.28M | 0.00% | 00.0% | Unchanged |
| Curran Financial Partners, LLC | 15,158 | $1.29M | 0.28% | 00.0% | Unchanged |
| Childress Capital Advisors, LLC | 15,614 | $1.32M | 0.33% | 00.0% | Unchanged |
| Copia Wealth Management | 15,689 | $1.33M | 1.12% | −159−1.0% | Reduced |
| Cary Street Partners Financial LLC | 15,782 | $1.34M | 0.04% | +1,418+9.9% | Added |
| Spectrum Planning & Advisory Services Inc. | 15,789 | $1.34M | 0.87% | 00.0% | Unchanged |
| AE Wealth Management LLC | 16,048 | $1.36M | 0.01% | +604+3.9% | Added |
| TCG Advisory Services, LLC | 16,186 | $1.37M | 0.05% | −400−2.4% | Reduced |
| Berger Financial Group, Inc | 16,307 | $1.38M | 0.09% | −3,276−16.7% | Reduced |
| Ronald Blue Trust, Inc. | 16,889 | $1.43M | 0.02% | −1,621−8.8% | Reduced |
| Royal Bank of Canada | 17,082 | $1.45M | 0.00% | −1,306−7.1% | Reduced |
| Avantax Advisory Services, Inc. | 17,222 | $1.46M | 0.01% | −53,787−75.7% | Reduced |
| Prospera Financial Services Inc | 17,290 | $1.47M | 0.03% | +8,478+96.2% | Added |
| HCR Wealth Advisors | 17,312 | $1.47M | 0.17% | −538−3.0% | Reduced |
| Independent Advisor Alliance | 17,462 | $1.48M | 0.04% | −200−1.1% | Reduced |
| Pine Valley Investments Ltd Liability Co | 17,478 | $1.48M | 0.09% | −218−1.2% | Reduced |
| Bellwether Advisors, LLC | 17,609 | $1.49M | 0.26% | −473−2.6% | Reduced |
| CIBC World Markets Inc. | 17,980 | $1.53M | 0.00% | −990−5.2% | Reduced |
| Milestone Asset Management Group, LLC | 18,535 | $1.57M | 1.16% | −971−5.0% | Reduced |
| Angeles Wealth Management, LLC | 18,648 | $1.58M | 0.11% | +18,648 | New |
| Aptus Capital Advisors, LLC | 18,873 | $1.60M | 0.02% | +46+0.2% | Added |
| Scotia Capital Inc. | 18,907 | $1.60M | 0.01% | −628−3.2% | Reduced |
| Almanack Investment Partners, LLC. | 19,086 | $1.62M | 0.26% | −3,949−17.1% | Reduced |
| Wedbush Securities Inc | 19,744 | $1.68M | 0.06% | −2,043−9.4% | Reduced |
| Stansberry Asset Management, LLC | 19,772 | $1.68M | 0.18% | −784−3.8% | Reduced |
| Cynosure Management, LLC | 20,079 | $1.70M | 0.19% | +414+2.1% | Added |
| Soltis Investment Advisors LLC | 20,088 | $1.70M | 0.13% | +113+0.6% | Added |
| Johnson Investment Counsel Inc | 20,151 | $1.71M | 0.02% | 00.0% | Unchanged |
| Newbridge Financial Services Group, Inc. | 20,215 | $1.71M | 0.28% | −1,200−5.6% | Reduced |
| SeaCrest Wealth Management, LLC | 20,293 | $1.72M | 0.19% | +3,558+21.3% | Added |
| Synovus Financial Corp | 20,541 | $1.74M | 0.02% | +503+2.5% | Added |
| U.S. Capital Wealth Advisors, LLC | 20,602 | $1.75M | 0.05% | +1,088+5.6% | Added |
| Pallas Capital Advisors LLC | 20,615 | $1.75M | 0.07% | −100.0% | Reduced |
| SevenBridge Financial Group, LLC | 18,826 | $1.77M | 0.31% | 00.0% | Unchanged |
| Upper Left Wealth Management, LLC | 21,021 | $1.78M | 1.19% | +845+4.2% | Added |
| Matauro, LLC | 21,260 | $1.80M | 0.34% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 21,269 | $1.80M | 0.02% | −3,750−15.0% | Reduced |
| Moneta Group Investment Advisors LLC | 21,401 | $1.82M | 0.02% | −739−3.3% | Reduced |