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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
Catalina Capital Group, LLC8,500$721.1K0.49%00.0%Unchanged
Equitable Holdings, Inc.8,487$720.0K0.01%00.0%Unchanged
Walled Lake Planning & Wealth Management, LLC8,406$713.1K0.23%00.0%Unchanged
Galaxy Group Investments LLC8,335$707.1K0.10%00.0%Unchanged
Rathbone Brothers plc8,330$706.6K0.00%−7,300−46.7%Reduced
Brinker Capital Investments, LLC8,301$704.2K0.01%+58+0.7%Added
Magnolia Capital Advisors LLC8,284$702.7K0.18%−125−1.5%Reduced
Cantor Fitzgerald, L. P.8,232$698.3K0.02%+332+4.2%Added
Kathmere Capital Management, LLC8,141$690.6K0.05%00.0%Unchanged
Verdence Capital Advisors LLC8,108$687.8K0.05%−116−1.4%Reduced
Richards, Merrill & Peterson, Inc.8,104$687.5K0.33%+2,525+45.3%Added
Westmount Partners, LLC7,983$677.2K0.19%−124−1.5%Reduced
Secure Asset Management, LLC7,969$676.0K0.13%+2,114+36.1%Added
Cypress Wealth Services, LLC7,912$671.2K0.12%00.0%Unchanged
Axxcess Wealth Management, LLC7,871$667.7K0.02%+118+1.5%Added
Leigh Baldwin & Co., LLC7,870$667.6K0.44%+1,250+18.9%Added
180 Wealth Advisors, LLC7,862$666.9K0.09%+7,862New
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
Clare Market Investments LLC7,854$666.3K0.15%+4,010+104.3%Added
Mutual Advisors, LLC7,200$661.5K0.02%−126−1.7%Reduced
Global Assets Advisory, LLC7,903$655.6K0.26%−12,775−61.8%Reduced
Bulltick Wealth Management, LLC7,659$649.7K0.16%00.0%Unchanged
MRP Capital Investments, LLC7,655$649.4K0.45%−300−3.8%Reduced
PBMares Wealth Management LLC7,649$648.9K0.12%−331−4.1%Reduced
Csenge Advisory Group7,780$641.6K0.03%−10−0.1%Reduced
Kingsview Wealth Management, LLC7,543$639.9K0.01%+1,215+19.2%Added
Firestone Capital Management7,468$633.5K0.15%−477−6.0%Reduced
Leo Wealth, LLC7,449$631.9K0.05%+1,411+23.4%Added
Ancora Advisors, LLC7,260$615.9K0.01%00.0%Unchanged
Miracle Mile Advisors, LLC7,259$615.8K0.01%+2,906+66.8%Added
Pettinga Financial Advisors, LLC7,215$612.0K0.13%+37+0.5%Added
Strategies Wealth Advisors, LLC7,160$607.4K0.07%00.0%Unchanged
Safeguard Investment Advisory Group, LLC7,083$600.8K0.15%−399−5.3%Reduced
RVW Wealth, LLC7,059$598.8K0.05%00.0%Unchanged
International Private Wealth Advisors LLC6,950$589.5K0.51%+6,950New
NCM Capital Management, LLC6,923$587.3K0.24%00.0%Unchanged
Verity Asset Management, Inc.6,897$585.1K0.28%+100+1.5%Added
Silvercrest Asset Management Group LLC6,810$577.7K0.00%+60+0.9%Added
Coppell Advisory Solutions LLC6,838$575.5K0.07%−55−0.8%Reduced
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors6,732$571.0K0.04%−49−0.7%Reduced
Strategic Wealth Partners, Ltd.6,710$569.2K0.04%+6,710New
Princeton Capital Management LLC6,677$566.4K0.17%+1,137+20.5%Added
Foundation Wealth Management, LLC6,647$563.9K0.39%00.0%Unchanged
SRS Capital Advisors, Inc.6,087$561.3K0.03%+1,538+33.8%Added
HB Wealth Management, LLC6,595$559.5K0.00%−576−8.0%Reduced
FMR LLC6,571$557.4K0.00%+3,576+119.4%Added
Spears Abacus Advisors LLC6,565$556.9K0.01%+500+8.2%Added
Harvest Investment Services, LLC6,481$549.8K0.12%−980−13.1%Reduced
Acorn Financial Advisory Services Inc6,426$545.1K0.09%00.0%Unchanged
Equita Financial Network, Inc.6,420$544.6K0.22%00.0%Unchanged
Stephenson & Company, Inc.6,400$542.9K0.33%00.0%Unchanged
Riverview Capital Advisers, LLC6,373$540.6K0.15%00.0%Unchanged
Schonfeld Strategic Advisors LLC6,348$538.5K0.00%00.0%Unchanged
South State Corp.6,341$537.9K0.02%−117−1.8%Reduced
Evercore Wealth Management, LLC6,250$530.2K0.01%00.0%Unchanged
Meixler Investment Management, Ltd.6,199$525.9K0.36%−112−1.8%Reduced
American Capital Advisory, LLC6,160$522.6K0.26%−19−0.3%Reduced
OneAscent Financial Services LLC6,276$521.0K0.04%−6,438−50.6%Reduced
Trevian Wealth Management LLC6,115$519.0K0.32%00.0%Unchanged
Koshinski Asset Management, Inc.6,077$515.5K0.04%+82+1.4%Added
Woodley Farra Manion Portfolio Management Inc6,073$515.2K0.02%00.0%Unchanged
Coastal Bridge Advisors, LLC6,055$513.6K0.04%00.0%Unchanged
Americana Partners, LLC6,049$513.1K0.02%00.0%Unchanged
RWM Asset Management, LLC5,996$508.6K0.07%+14+0.2%Added
Hantz Financial Services, Inc.5,979$507.0K0.01%+100+1.7%Added
HBW Advisory Services LLC5,974$506.8K0.06%+289+5.1%Added
Sound Income Strategies, LLC5,959$505.5K0.03%+1,496+33.5%Added
Great Valley Advisor Group, Inc.5,942$503.7K0.01%+125+2.1%Added
Garde Capital, Inc.5,937$503.6K0.03%00.0%Unchanged
Carret Asset Management, LLC5,934$503.4K0.05%00.0%Unchanged
Park Avenue Securities LLC5,878$499.0K0.00%−2,177−27.0%Reduced
Capital Investment Advisory Services, LLC5,871$498.0K0.04%+460+8.5%Added
Sandbox Financial Partners, LLC5,868$497.8K0.16%00.0%Unchanged
Cardiff Park Advisors, LLC5,800$492.0K0.04%00.0%Unchanged
CWM, LLC5,769$489.0K0.00%+957+19.9%Added
AlphaStar Capital Management, LLC5,747$487.5K0.03%+5,747New
Parallel Advisors, LLC5,741$487.0K0.01%+40+0.7%Added
Two Sigma Securities, LLC5,727$485.8K0.06%−1,168−16.9%Reduced
BKD Wealth Advisors, LLC5,679$481.8K0.01%−176−3.0%Reduced
Howe & Rusling Inc5,611$476.0K0.04%+738+15.1%Added
Dynamic Advisor Solutions LLC5,581$473.4K0.01%+99+1.8%Added
Narus Financial Partners, LLC5,546$470.5K0.15%+496+9.8%Added
SlateStone Wealth, LLC5,513$468.0K0.04%00.0%Unchanged
Fort Point Capital Partners LLC5,503$466.8K0.05%+669+13.8%Added
Portfolio Strategies, Inc.5,454$462.7K0.06%00.0%Unchanged
Magnus Financial Group LLC5,419$459.7K0.04%00.0%Unchanged
SFMG, LLC5,382$456.6K0.03%00.0%Unchanged
HRC Wealth Management, LLC5,375$456.0K0.24%+706+15.1%Added
Abound Financial, LLC5,304$449.9K0.20%00.0%Unchanged
N.E.W. Advisory Services LLC5,269$447.0K0.04%−2,650−33.5%Reduced
TD Waterhouse Canada Inc.5,356$444.1K0.00%+111+2.1%Added
International Assets Investment Management, LLC5,220$442.8K0.04%+170+3.4%Added
Flagship Harbor Advisors, LLC5,219$442.7K0.02%−90−1.7%Reduced
Lifeworks Advisors, LLC5,201$441.2K0.07%−19−0.4%Reduced
Buckingham Strategic Partners5,170$438.6K0.01%−175−3.3%Reduced
Affinity Capital Advisors, LLC5,163$438.0K0.08%00.0%Unchanged
Main Street Financial Solutions, LLC5,145$436.4K0.03%−822−13.8%Reduced
SNS Financial Group, LLC5,116$434.0K0.04%00.0%Unchanged
Hobbs Group Advisors, LLC5,070$430.1K0.15%+5,070New