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 |
|---|---|---|---|---|---|
| Farther Finance Advisors, LLC | 68,650 | $5.82M | 0.12% | +50,355+275.2% | Added |
| MONECO Advisors, LLC | 69,519 | $5.90M | 0.55% | −2,200−3.1% | Reduced |
| Ascension Capital Advisors, Inc. | 69,908 | $5.93M | 2.48% | −1,589−2.2% | Reduced |
| Advisor Group Holdings, Inc. | 70,124 | $5.95M | 0.01% | +45,112+180.4% | Added |
| Fiduciary Trust Co | 72,150 | $6.12M | 0.08% | −5,000−6.5% | Reduced |
| Raymond James Financial Inc | 72,811 | $6.18M | 0.00% | +13,449+22.7% | Added |
| Consolidated Portfolio Review Corp | 72,900 | $6.18M | 0.86% | +7,410+11.3% | Added |
| WESCAP Management Group, Inc. | 72,972 | $6.19M | 1.41% | +72,972 | New |
| Advisory Services Network, LLC | 68,287 | $6.27M | 0.10% | −4,180−5.8% | Reduced |
| Haven Private, LLC | 75,396 | $6.40M | 2.84% | −510−0.7% | Reduced |
| SCS Capital Management LLC | 75,957 | $6.44M | 0.07% | 00.0% | Unchanged |
| Intellectus Partners, LLC | 76,371 | $6.48M | 1.40% | −563−0.7% | Reduced |
| Van Hulzen Asset Management, LLC | 79,622 | $6.75M | 0.56% | −4,579−5.4% | Reduced |
| Renaissance Technologies LLC | 80,100 | $6.79M | 0.01% | +80,100 | New |
| Blue Square Asset Management, LLC | 90,101 | $7.64M | 3.58% | −2,699−2.9% | Reduced |
| Claro Advisors LLC | 92,107 | $7.81M | 1.29% | −12,562−12.0% | Reduced |
| Traphagen Investment Advisors LLC | 92,501 | $7.85M | 0.74% | −485−0.5% | Reduced |
| Envestnet Asset Management Inc | 92,664 | $7.86M | 0.00% | −6,827−6.9% | Reduced |
| Creative Planning | 96,247 | $8.16M | 0.01% | +7,844+8.9% | Added |
| Red Door Wealth Management, LLC | 97,685 | $8.29M | 0.99% | −156−0.2% | Reduced |
| Variant Private Wealth, LLC | 98,809 | $8.38M | 8.70% | −61−0.1% | Reduced |
| Millennium Management LLC | 100,000 | $8.48M | 0.01% | 00.0% | Unchanged |
| ICONIQ Capital, LLC | 101,575 | $8.62M | 0.15% | +23,643+30.3% | Added |
| Larson Financial Group LLC | 102,625 | $8.71M | 0.35% | −490.0% | Reduced |
| Citrine Capital LLC | 103,505 | $8.78M | 4.66% | −153−0.1% | Reduced |
| Blair William & Co | 107,600 | $9.13M | 0.03% | −466−0.4% | Reduced |
| Once Capital Management, LLC | 107,700 | $9.14M | 2.83% | 00.0% | Unchanged |
| Birch Hill Investment Advisors LLC | 109,150 | $9.26M | 0.41% | −1,820−1.6% | Reduced |
| Ieq Capital, LLC | 113,310 | $9.61M | 0.06% | +90,675+400.6% | Added |
| SLT Holdings LLC | 118,492 | $10.1M | 7.49% | −19,346−14.0% | Reduced |
| Sequoia Financial Advisors, LLC | 121,538 | $10.3M | 0.07% | −3,739−3.0% | Reduced |
| Lakewood Capital Management, LP | 123,500 | $10.5M | 0.80% | 00.0% | Unchanged |
| Brookstone Capital Management | 124,216 | $10.5M | 0.14% | −1,985−1.6% | Reduced |
| Kestra Advisory Services, LLC | 124,707 | $10.6M | 0.05% | −24,904−16.6% | Reduced |
| Foundations Investment Advisors, LLC | 125,142 | $10.6M | 0.17% | −19,314−13.4% | Reduced |
| Pasadena Private Wealth, LLC | 125,161 | $10.6M | 1.82% | −7,424−5.6% | Reduced |
| Fielder Capital Group LLC | 125,287 | $10.6M | 2.83% | −188−0.1% | Reduced |
| Fiduciary Alliance LLC | 128,807 | $10.9M | 0.81% | +17,504+15.7% | Added |
| Lido Advisors, LLC | 134,358 | $11.4M | 0.06% | −2,151−1.6% | Reduced |
| Sloy Dahl & Holst, LLC | 135,449 | $11.5M | 1.60% | −170.0% | Reduced |
| Atlas Wealth Partners, LLC | 147,923 | $12.5M | 14.48% | −4,945−3.2% | Reduced |
| RBF Capital, LLC | 150,000 | $12.7M | 0.63% | 00.0% | Unchanged |
| Virtu Financial LLC | 157,710 | $13.4M | 0.68% | +44,943+39.9% | Added |
| Aristides Capital LLC | 164,931 | $14.0M | 4.46% | 00.0% | Unchanged |
| Mariner, LLC | 169,276 | $14.4M | 0.02% | +3,388+2.0% | Added |
| Susquehanna International Group, LLP | 190,657 | $16.2M | 0.02% | +156,198+453.3% | Added |
| Wealth Enhancement Advisory Services, LLC | 190,564 | $16.4M | 0.03% | −14,201−6.9% | Reduced |
| Colony Group, LLC | 218,342 | $18.5M | 0.04% | −15,232−6.5% | Reduced |
| TB Alternative Assets Ltd. | 234,675 | $19.9M | 3.69% | −55,528−19.1% | Reduced |
| Commonwealth Equity Services, LLC | 247,459 | $21.0M | 0.03% | −9,113−3.6% | Reduced |
| Cresset Asset Management, LLC | 261,473 | $22.2M | 0.11% | −38,503−12.8% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 270,931 | $23.0M | 0.07% | −1,625−0.6% | Reduced |
| Kingswood Wealth Advisors, LLC | 282,255 | $23.9M | 1.89% | −4,119−1.4% | Reduced |
| Beaumont Financial Advisors, LLC | 285,961 | $24.3M | 1.76% | −12,084−4.1% | Reduced |
| One Charles Private Wealth Services, LLC | 291,784 | $24.8M | 6.95% | −1,097−0.4% | Reduced |
| Moors & Cabot, Inc. | 322,061 | $27.3M | 1.27% | −6,034−1.8% | Reduced |
| IMC-Chicago, LLC | 362,801 | $30.8M | 0.77% | +255,980+239.6% | Added |
| Mad River Investors | 372,381 | $31.6M | 14.15% | −1000.0% | Reduced |
| EagleClaw Capital Managment, LLC | 388,961 | $33.0M | 4.93% | −10,125−2.5% | Reduced |
| Wealthfront Advisers LLC | 396,907 | $33.7M | 0.09% | −25,728−6.1% | Reduced |
| Greenwich Wealth Management LLC | 637,137 | $50.1M | 2.43% | −3,783−0.6% | Reduced |
| HighTower Advisors, LLC | 649,801 | $55.1M | 0.07% | −16,646−2.5% | Reduced |
| Jane Street Group, LLC | 1,020,326 | $86.6M | 0.14% | +700,103+218.6% | Added |
| LPL Financial LLC | 1,041,987 | $88.4M | 0.03% | −20,618−1.9% | Reduced |
| Multicoin Capital Management, LLC | 1,321,808 | $112.1M | 89.88% | 00.0% | Unchanged |
| Horizon Kinetics Asset Management LLC | 14,551,191 | $1.23B | 14.64% | −145,322−1.0% | Reduced |
| J. Safra Sarasin Holding AG | 0 | $0 | 0.00% | −73,100−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −48,594−100.0% | Sold out |
| Gallacher Capital Management LLC | 0 | $0 | 0.00% | −39,451−100.0% | Sold out |
| Indie Asset Partners, LLC | 0 | $0 | 0.00% | −26,830−100.0% | Sold out |
| Sharper & Granite LLC | 0 | $0 | 0.00% | −21,900−100.0% | Sold out |
| TownSquare Capital, LLC | 0 | $0 | 0.00% | −16,154−100.0% | Sold out |
| Financial Counselors Inc | 0 | $0 | 0.00% | −14,754−100.0% | Sold out |
| Circle Wealth Management, LLC | 0 | $0 | 0.00% | −13,250−100.0% | Sold out |
| Advisor Resource Council | 0 | $0 | 0.00% | −11,570−100.0% | Sold out |
| Aveo Capital Partners, LLC | 0 | $0 | 0.00% | −7,270−100.0% | Sold out |
| Vanguard Capital Wealth Advisors | 0 | $0 | 0.00% | −7,850−100.0% | Sold out |
| IPG Investment Advisors LLC | 0 | $0 | 0.00% | −6,211−100.0% | Sold out |
| Theory Financial LLC | 0 | $0 | 0.00% | −6,106−100.0% | Sold out |
| Priebe Wealth Holdings LLC | 0 | $0 | 0.00% | −5,580−100.0% | Sold out |
| Johnson & White Wealth Management, LLC | 0 | $0 | 0.00% | −5,496−100.0% | Sold out |
| Inscription Capital, LLC | 0 | $0 | 0.00% | −4,866−100.0% | Sold out |
| Ellsworth Advisors, LLC | 0 | $0 | 0.00% | −4,550−100.0% | Sold out |
| GFG Capital, LLC | 0 | $0 | 0.00% | −4,500−100.0% | Sold out |
| StoneX Group Inc. | 0 | $0 | 0.00% | −4,316−100.0% | Sold out |
| Patten & Patten Inc | 0 | $0 | 0.00% | −4,137−100.0% | Sold out |
| Roundview Capital LLC | 0 | $0 | 0.00% | −4,000−100.0% | Sold out |
| Procyon Private Wealth Partners, LLC | 0 | $0 | 0.00% | −3,960−100.0% | Sold out |
| Bordeaux Wealth Advisors LLC | 0 | $0 | 0.00% | −3,856−100.0% | Sold out |
| Tyler-Stone Wealth Management | 0 | $0 | 0.00% | −3,768−100.0% | Sold out |
| Virtue Capital Management, LLC | 0 | $0 | 0.00% | −3,711−100.0% | Sold out |
| Bosman Wealth Management, LLC | 0 | $0 | 0.00% | −3,605−100.0% | Sold out |
| Strategic Financial Concepts, LLC | 0 | $0 | 0.00% | −3,597−100.0% | Sold out |
| Alterna Wealth Management, Inc | 0 | $0 | 0.00% | −3,490−100.0% | Sold out |
| Cutter & CO Brokerage, Inc. | 0 | $0 | 0.00% | −3,300−100.0% | Sold out |
| Ransom Advisory, Ltd | 0 | $0 | 0.00% | −3,300−100.0% | Sold out |
| Freestone Capital Holdings, LLC | 0 | $0 | 0.00% | −3,254−100.0% | Sold out |
| Zacks Investment Management | 0 | $0 | 0.00% | −3,152−100.0% | Sold out |
| Traynor Capital Management, Inc. | 0 | $0 | 0.00% | −3,151−100.0% | Sold out |
| Western Pacific Wealth Management, LP | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |