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, Q3 2025
Institutional positions in Grayscale Bitcoin Trust ETF as of Sep 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
- 787
- +39 vs. Q2 2025
- Shares held
- 33.7M
- −1.43M (−4.1%) vs. Q2 2025
- Total value
- $3.02B
- +$42.7M (+1.4%) vs. Q2 2025
- New holders
- 82
- 168 more added
- Sold out
- 43
- 236 more reduced
18 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Modus Advisors, LLC | 3,449 | $309.6K | 0.08% | 00.0% | Unchanged |
| Stratos Wealth Advisors, LLC | 3,457 | $310.3K | 0.01% | −701−16.9% | Reduced |
| Capital Advisors Wealth Management, LLC | 3,494 | $313.7K | 0.04% | −163−4.5% | Reduced |
| Sovereign Financial Group, Inc. | 3,495 | $313.7K | 0.06% | 00.0% | Unchanged |
| Bonfire Financial | 3,545 | $316.0K | 0.24% | +79+2.3% | Added |
| Oarsman Capital, Inc. | 3,523 | $316.3K | 0.04% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 3,535 | $317.3K | 0.02% | 00.0% | Unchanged |
| Mainstream Capital Management LLC | 3,538 | $317.6K | 0.21% | −46−1.3% | Reduced |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 3,540 | $317.8K | 0.01% | +3,540 | New |
| Advisor OS, LLC | 3,565 | $320.0K | 0.03% | +150+4.4% | Added |
| SP Asset Management LLC | 3,640 | $326.8K | 0.03% | 00.0% | Unchanged |
| Henrickson Nauta Wealth Advisors, Inc. | 3,641 | $326.9K | 0.10% | −778−17.6% | Reduced |
| Dudley Capital Management, LLC | 3,647 | $327.4K | 0.15% | 00.0% | Unchanged |
| Sentry LLC | 3,657 | $328.3K | 0.08% | 00.0% | Unchanged |
| L.M. Kohn & Company | 3,660 | $328.6K | 0.39% | −73−2.0% | Reduced |
| RFG Advisory, LLC | 3,683 | $330.6K | 0.01% | 00.0% | Unchanged |
| Novem Group | 3,688 | $331.1K | 0.04% | −200−5.1% | Reduced |
| Silver Oak Securities, Inc | 3,690 | $331.3K | 0.02% | −51−1.4% | Reduced |
| Laidlaw Wealth Management LLC | 3,695 | $331.7K | 0.79% | +360+10.8% | Added |
| Rockland Trust Co | 3,700 | $332.1K | 0.01% | +3,700 | New |
| WorthPointe, LLC | 3,722 | $334.1K | 0.13% | 00.0% | Unchanged |
| Onyx Bridge Wealth Group LLC | 3,729 | $334.8K | 0.04% | 00.0% | Unchanged |
| Resources Investment Advisors, LLC. | 3,730 | $334.8K | 0.00% | +479+14.7% | Added |
| Invesco Ltd. | 3,734 | $335.2K | 0.00% | +326+9.6% | Added |
| IAM Advisory, LLC | 3,740 | $335.8K | 0.08% | 00.0% | Unchanged |
| Trilogy Capital Inc. | 3,750 | $336.6K | 0.02% | −250−6.3% | Reduced |
| BCS Wealth Management | 3,757 | $337.3K | 0.08% | −5,394−58.9% | Reduced |
| Able Wealth Management LLC | 3,774 | $338.8K | 0.13% | 00.0% | Unchanged |
| Sanders Morris Harris LLC | 3,785 | $339.8K | 0.04% | 00.0% | Unchanged |
| SageView Advisory Group, LLC | 3,802 | $341.3K | 0.01% | +192+5.3% | Added |
| Old Mission Investment Co LLC | 3,817 | $342.7K | 0.08% | −220−5.4% | Reduced |
| Zhang Financial LLC | 3,819 | $342.8K | 0.01% | 00.0% | Unchanged |
| Clear Harbor Asset Management, LLC | 3,830 | $343.8K | 0.02% | −35−0.9% | Reduced |
| MA Private Wealth | 3,837 | $344.4K | 0.06% | 00.0% | Unchanged |
| E&G Advisors, LP | 3,950 | $354.6K | 0.08% | −100−2.5% | Reduced |
| Camden Capital, LLC | 3,970 | $356.4K | 0.02% | +1,521+62.1% | Added |
| Cornerstone Wealth Group, LLC | 3,996 | $358.7K | 0.02% | +210+5.5% | Added |
| Mountain Capital Investment Advisors, Inc | 3,919 | $361.3K | 0.06% | 00.0% | Unchanged |
| Panoramic Investment Advisors, LLC | 4,027 | $361.5K | 0.20% | 00.0% | Unchanged |
| Adalta Capital Management LLC | 4,035 | $362.2K | 0.16% | −100−2.4% | Reduced |
| Investmark Advisory Group LLC | 4,038 | $362.5K | 0.16% | 00.0% | Unchanged |
| Marshall & Sullivan Inc | 4,040 | $362.7K | 0.17% | 00.0% | Unchanged |
| Level Financial Advisors, Inc. | 4,041 | $362.8K | 0.10% | 00.0% | Unchanged |
| Icon Wealth Advisors, LLC | 4,046 | $363.2K | 0.02% | 00.0% | Unchanged |
| Jeppson Wealth Management, LLC | 4,060 | $364.5K | 0.12% | 00.0% | Unchanged |
| CMG Global Holdings, LLC | 4,192 | $365.7K | 0.18% | +100+2.4% | Added |
| Schnieders Capital Management, LLC. | 4,084 | $366.6K | 0.07% | +4,084 | New |
| Triton Wealth Management, PLLC | 4,273 | $370.9K | 0.14% | +583+15.8% | Added |
| Arete Wealth Advisors, LLC | 4,133 | $371.0K | 0.02% | −61−1.5% | Reduced |
| LMG Wealth Partners, LLC | 4,162 | $373.6K | 0.07% | −73−1.7% | Reduced |
| Clare Market Investments LLC | 4,179 | $375.1K | 0.08% | −3,675−46.8% | Reduced |
| DeDora Capital, Inc. | 4,204 | $377.4K | 0.09% | +10.0% | Added |
| Signature Securities Group Corporation | 4,208 | $377.8K | 0.12% | −793−15.9% | Reduced |
| Walled Lake Planning & Wealth Management, LLC | 4,212 | $378.1K | 0.12% | −4,194−49.9% | Reduced |
| Buckingham Strategic Partners | 4,416 | $380.7K | 0.00% | −754−14.6% | Reduced |
| Rossby Financial, LCC | 4,205 | $387.7K | 0.13% | 00.0% | Unchanged |
| CLG LLC | 4,344 | $389.9K | 0.11% | +4,344 | New |
| Ciovacco Capital Management LLC | 7,748 | $392.3K | 0.20% | +7,748 | New |
| Thrivent Financial for Lutherans | 4,380 | $393.0K | 0.00% | +182+4.3% | Added |
| Blackhawk Capital Partners LLC. | 4,424 | $397.1K | 0.15% | 00.0% | Unchanged |
| FMR LLC | 4,439 | $398.5K | 0.00% | −2,132−32.4% | Reduced |
| Cornerstone Wealth Management, LLC | 4,516 | $405.4K | 0.02% | −43−0.9% | Reduced |
| Inspire Advisors, LLC | 4,520 | $405.8K | 0.04% | −205−4.3% | Reduced |
| Edge Wealth Management LLC | 4,538 | $407.4K | 0.07% | 00.0% | Unchanged |
| Journey Advisory Group, LLC | 4,548 | $408.3K | 0.03% | 00.0% | Unchanged |
| Mill Creek Capital Advisors, LLC | 4,588 | $411.9K | 0.01% | +143+3.2% | Added |
| Arlington Capital Management, Inc. | 4,593 | $412.3K | 0.26% | −128−2.7% | Reduced |
| Correct Capital Wealth Management | 4,600 | $412.9K | 0.08% | 00.0% | Unchanged |
| Joel Isaacson & Co., LLC | 4,608 | $413.7K | 0.01% | 00.0% | Unchanged |
| Commerce Bank | 4,611 | $413.9K | 0.00% | +590+14.7% | Added |
| Snowden Capital Advisors LLC | 4,645 | $417.0K | 0.01% | −275−5.6% | Reduced |
| Pensionmark Financial Group, LLC | 4,659 | $418.2K | 0.01% | +100+2.2% | Added |
| Sterling Investment Counsel, LLC | 4,665 | $418.8K | 0.13% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 4,726 | $424.3K | 0.04% | +1,165+32.7% | Added |
| Money Concepts Capital Corp | 4,735 | $425.1K | 0.03% | 00.0% | Unchanged |
| Impact Partnership Wealth, LLC | 4,755 | $426.9K | 0.06% | +165+3.6% | Added |
| Equitable Trust Co | 4,809 | $431.7K | 0.02% | 00.0% | Unchanged |
| Private Advisory Group LLC | 4,813 | $432.1K | 0.04% | +200+4.3% | Added |
| IFP Advisors, Inc | 4,813 | $432.1K | 0.01% | +508+11.8% | Added |
| International Assets Investment Management, LLC | 5,220 | $433.1K | 0.03% | 00.0% | Unchanged |
| Argent Trust Co | 4,831 | $433.7K | 0.02% | 00.0% | Unchanged |
| Bessemer Group Inc | 4,836 | $434.0K | 0.00% | +639+15.2% | Added |
| Rahlfs Capital, LLC | 4,870 | $437.2K | 0.35% | 00.0% | Unchanged |
| Retirement Planning Co of New England, Inc. | 5,233 | $445.4K | 0.18% | −155−2.9% | Reduced |
| Graybill Bartz & Assoc Ltd | 5,000 | $448.9K | 0.14% | 00.0% | Unchanged |
| ZEGA Investments, LLC | 5,000 | $448.9K | 0.10% | +5,000 | New |
| Arkadios Wealth Advisors | 5,038 | $452.3K | 0.01% | +36+0.7% | Added |
| Tru Independence Asset Management 2, LLC | 5,050 | $453.3K | 0.30% | 00.0% | Unchanged |
| SNS Financial Group, LLC | 5,116 | $459.3K | 0.04% | 00.0% | Unchanged |
| Integrity Alliance, LLC. | 5,159 | $463.1K | 0.02% | +1,932+59.9% | Added |
| Howe & Rusling Inc | 5,176 | $464.6K | 0.03% | −435−7.8% | Reduced |
| Ausdal Financial Partners, Inc. | 5,236 | $470.0K | 0.02% | +387+8.0% | Added |
| Abound Financial, LLC | 5,304 | $476.1K | 0.19% | 00.0% | Unchanged |
| Allworth Financial LP | 5,309 | $476.6K | 0.00% | +698+15.1% | Added |
| Magnus Financial Group LLC | 5,419 | $486.5K | 0.04% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 5,424 | $486.9K | 0.02% | +205+3.9% | Added |
| Affinity Capital Advisors, LLC | 5,130 | $487.0K | 0.07% | −33−0.6% | Reduced |
| Sunbelt Securities, Inc. | 5,426 | $487.1K | 0.03% | +826+18.0% | Added |
| Carret Asset Management, LLC | 5,451 | $489.3K | 0.05% | −483−8.1% | Reduced |
| Portfolio Strategies, Inc. | 5,454 | $489.6K | 0.06% | 00.0% | Unchanged |