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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; 606 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: 606 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 2026606$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
Wells Fargo & Company2,267$192.3K0.00%+20+0.9%Added
JNBA Financial Advisors2,250$190.9K0.02%00.0%Unchanged
Richardson Capital Management LLC2,184$185.3K0.10%00.0%Unchanged
Whittier Trust Co2,184$185.3K0.00%00.0%Unchanged
Fairscale Capital, LLC2,003$183.8K0.13%−21−1.0%Reduced
Northwestern Mutual Wealth Management Co2,156$182.9K0.00%+838+63.6%Added
Umb Bank N A2,145$182.0K0.00%−2,632−55.1%Reduced
Legacy Wealth Managment, LLC2,129$180.6K0.10%+315+17.4%Added
Legacy Investment Solutions, LLC2,129$180.6K0.10%+2,129New
Pandora Wealth, Inc.2,000$169.7K0.10%−450−18.4%Reduced
Tidemark, LLC1,896$160.8K0.05%00.0%Unchanged
LFA - Lugano Financial Advisors SA1,835$155.7K0.09%00.0%Unchanged
Salem Investment Counselors Inc1,773$150.4K0.00%00.0%Unchanged
Colonial Trust Advisors1,760$149.3K0.01%00.0%Unchanged
Total Investment Management Inc1,756$149.0K0.02%+1,756New
Kiker Wealth Management, LLC1,682$142.7K0.08%00.0%Unchanged
Huntington National Bank1,602$135.9K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC1,579$133.9K0.01%+108+7.3%Added
Transce3nd, LLC1,561$132.4K0.06%00.0%Unchanged
Valley National Advisers Inc1,456$123.0K0.02%00.0%Unchanged
Belvedere Trading LLC1,446$122.7K0.01%+1,446New
Smallwood Wealth Investment Management, LLC1,430$121.3K0.07%00.0%Unchanged
Jackson, Grant Investment Advisers, Inc.1,387$117.7K0.04%00.0%Unchanged
Edmond de Rothschild Holding S.A.1,300$110.3K0.00%00.0%Unchanged
McIlrath & Eck, LLC1,248$105.9K0.01%00.0%Unchanged
POM Investment Strategies, LLC1,239$105.1K0.08%+1,212+4,488.9%Added
JDM Financial Group LLC1,183$100.4K0.05%00.0%Unchanged
Golden State Wealth Management, LLC1,180$100.1K0.01%00.0%Unchanged
Creekmur Asset Management LLC1,178$99.9K0.02%+40+3.5%Added
Tompkins Financial Corp1,141$96.8K0.01%00.0%Unchanged
Safe Harbor Fiduciary, LLC1,114$94.5K0.09%00.0%Unchanged
Atticus Wealth Management, LLC1,098$93.1K0.03%+400+57.3%Added
MTM Investment Management, LLC1,049$89.0K0.03%+1,049New
Hollencrest Capital Management1,025$87.0K0.00%+300+41.4%Added
EverSource Wealth Advisors, LLC1,010$85.7K0.00%+820+431.6%Added
Dunhill Financial, LLC1,006$85.3K0.02%00.0%Unchanged
Atwood & Palmer Inc986$83.6K0.01%00.0%Unchanged
Manchester Capital Management LLC980$83.1K0.01%00.0%Unchanged
Brown Brothers Harriman & Co971$82.4K0.00%−1,450−59.9%Reduced
ORG Wealth Partners, LLC985$81.7K0.02%−257−20.7%Reduced
AdvisorNet Financial, Inc950$80.6K0.01%00.0%Unchanged
Cornerstone Planning Group LLC878$78.5K0.02%+3+0.3%Added
BFSG, LLC910$77.2K0.01%00.0%Unchanged
Crowley Wealth Management, Inc.840$71.3K0.06%00.0%Unchanged
St Germain D J Co Inc833$70.7K0.00%00.0%Unchanged
Essential Partners LLC750$63.6K0.03%+750New
Roble, Belko & Company, Inc735$62.0K0.01%+2+0.3%Added
Wolff Wiese Magana LLC723$61.3K0.04%00.0%Unchanged
Redwood Park Advisors LLC710$60.2K0.05%00.0%Unchanged
Trust Co689$58.4K0.01%00.0%Unchanged
JPMorgan Chase & Co685$58.1K0.00%−689−50.1%Reduced
Glen Eagle Advisors, LLC677$57.4K0.01%−800−54.2%Reduced
Bokf, NA675$57.3K0.00%00.0%Unchanged
Creative Financial Designs Inc662$56.2K0.00%00.0%Unchanged
Harbor Investment Advisory, LLC626$53.1K0.00%+35+5.9%Added
First Horizon Advisors, Inc.575$48.8K0.00%+155+36.9%Added
Bear Mountain Capital, Inc.526$48.5K0.02%+1+0.2%Added
Hurley Capital, LLC517$43.9K0.03%00.0%Unchanged
Pension & Wealth Management Advisors, Inc.500$42.4K0.01%00.0%Unchanged
Atlantic Union Bankshares Corp496$42.1K0.00%+496New
Ulland Investment Advisors, LLC500$42.0K0.03%00.0%Unchanged
DHJJ Financial Advisors, Ltd.491$41.7K0.02%00.0%Unchanged
Bullock Wealth Management Group472$39.2K0.02%−50−9.6%Reduced
Toth Financial Advisory Corp440$37.3K0.00%00.0%Unchanged
Holos Integrated Wealth LLC400$36.6K0.02%00.0%Unchanged
Dixon Mitchell Investment Counsel Inc.425$36.1K0.00%00.0%Unchanged
Pacific Center for Financial Services420$35.6K0.01%00.0%Unchanged
Bartlett & Co. Wealth Management LLC415$35.2K0.00%00.0%Unchanged
SWAN Capital LLC411$34.9K0.02%00.0%Unchanged
Addison Advisors LLC400$33.9K0.01%00.0%Unchanged
Mount Yale Investment Advisors, LLC388$32.9K0.00%+388New
Financial Perspectives, Inc385$32.7K0.01%00.0%Unchanged
Delta Asset Management LLC380$32.2K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC360$30.5K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC359$30.5K0.00%00.0%Unchanged
Global Wealth Strategies & Associates358$30.4K0.01%−300−45.6%Reduced
West Oak Capital, LLC384$30.2K0.01%00.0%Unchanged
Harbour Investments, Inc.355$30.1K0.00%−1−0.3%Reduced
High Note Wealth, LLC327$27.7K0.01%00.0%Unchanged
VSM Wealth Advisory, LLC327$27.7K0.01%00.0%Unchanged
Massmutual Trust Co FSB327$27.7K0.00%+100+44.1%Added
Boyd Watterson Asset Management LLC326$27.7K0.01%00.0%Unchanged
Wood Tarver Financial Group, LLC321$27.0K0.01%00.0%Unchanged
Oakworth Capital, Inc.300$25.4K0.00%00.0%Unchanged
ORG Partners LLC285$23.6K0.01%−226−44.2%Reduced
Financially Speaking Inc275$23.3K0.02%00.0%Unchanged
Activest Wealth Management270$22.9K0.01%−234−46.4%Reduced
Brown, Lisle/Cummings, Inc.270$22.9K0.01%00.0%Unchanged
Tradewinds Capital Management, LLC269$22.8K0.01%00.0%Unchanged
Kilter Group LLC251$21.3K0.01%+251New
Hoey Investments, Inc250$21.2K0.00%00.0%Unchanged
First PREMIER Bank250$21.0K0.01%00.0%Unchanged
Davidson Capital Management Inc.238$20.2K0.00%−9−3.6%Reduced
Signature Resources Capital Management, LLC236$20.0K0.01%00.0%Unchanged
Carolina Wealth Advisors, LLC235$19.9K0.01%00.0%Unchanged
Evermay Wealth Management LLC230$19.5K0.00%00.0%Unchanged
PFS Partners, LLC210$17.8K0.01%−578−73.4%Reduced
GHP Investment Advisors, Inc.210$17.8K0.00%00.0%Unchanged
Strategic Investment Solutions, Inc.209$17.7K0.01%00.0%Unchanged
Westside Investment Management, Inc.205$17.4K0.00%00.0%Unchanged