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 |
|---|---|---|---|---|---|
| HCR Wealth Advisors | 17,312 | $1.64M | 0.17% | 00.0% | Unchanged |
| Integras Partners LLC | 18,397 | $1.65M | 1.33% | +18,397 | New |
| Angeles Wealth Management, LLC | 18,648 | $1.67M | 0.10% | 00.0% | Unchanged |
| Wedbush Securities Inc | 18,925 | $1.70M | 0.06% | −819−4.1% | Reduced |
| Matauro, LLC | 18,977 | $1.70M | 0.27% | −2,283−10.7% | Reduced |
| Almanack Investment Partners, LLC. | 19,086 | $1.71M | 0.26% | 00.0% | Unchanged |
| Simplex Trading, LLC | 19,144 | $1.72M | 0.04% | +19,144 | New |
| Stansberry Asset Management, LLC | 19,527 | $1.75M | 0.18% | −245−1.2% | Reduced |
| Cynosure Management, LLC | 20,079 | $1.80M | 0.20% | 00.0% | Unchanged |
| Johnson Investment Counsel Inc | 20,151 | $1.81M | 0.02% | 00.0% | Unchanged |
| Synovus Financial Corp | 20,372 | $1.83M | 0.02% | −169−0.8% | Reduced |
| Soltis Investment Advisors LLC | 20,427 | $1.83M | 0.13% | +339+1.7% | Added |
| Maridea Wealth Management LLC | 21,272 | $1.85M | 0.29% | −354−1.6% | Reduced |
| Pallas Capital Advisors LLC | 20,615 | $1.85M | 0.07% | 00.0% | Unchanged |
| Perigon Wealth Management, LLC | 20,648 | $1.85M | 0.04% | −1,552−7.0% | Reduced |
| Joseph P. Lucia & Associates, LLC | 20,740 | $1.86M | 0.70% | −1,608−7.2% | Reduced |
| Stratos Wealth Partners, LTD. | 20,812 | $1.87M | 0.02% | −457−2.1% | Reduced |
| Upper Left Wealth Management, LLC | 20,931 | $1.88M | 1.18% | −90−0.4% | Reduced |
| Moneta Group Investment Advisors LLC | 21,422 | $1.92M | 0.02% | +21+0.1% | Added |
| Philadelphia Trust Co | 21,620 | $1.94M | 0.14% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 21,923 | $1.97M | 0.02% | −14,825−40.3% | Reduced |
| Prairie Wealth Advisors, Inc. | 21,953 | $1.97M | 0.81% | −280−1.3% | Reduced |
| TRUE Private Wealth Advisors | 22,157 | $1.99M | 0.20% | +300+1.4% | Added |
| SeaCrest Wealth Management, LLC | 20,583 | $1.99M | 0.21% | +290+1.4% | Added |
| Meridian Wealth Management, LLC | 22,398 | $2.01M | 0.08% | +28+0.1% | Added |
| Alamea Verwaltungs GmbH | 22,446 | $2.01M | 1.38% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 22,542 | $2.02M | 0.21% | +386+1.7% | Added |
| MAI Capital Management | 22,695 | $2.04M | 0.01% | −1,166−4.9% | Reduced |
| Nwam LLC | 22,753 | $2.04M | 0.11% | −95−0.4% | Reduced |
| Jaffetilchin Investment Partners, LLC | 22,926 | $2.06M | 0.12% | −13−0.1% | Reduced |
| Quadcap Wealth Management, LLC | 22,963 | $2.06M | 0.24% | 00.0% | Unchanged |
| Virtu Financial LLC | 23,011 | $2.07M | 0.12% | −134,699−85.4% | Reduced |
| Kovitz Investment Group Partners, LLC | 23,102 | $2.07M | 0.01% | +1,379+6.3% | Added |
| RSM US Wealth Management LLC | 23,338 | $2.09M | 0.03% | +362+1.6% | Added |
| Summit Trail Advisors, LLC | 23,545 | $2.11M | 0.03% | +23,545 | New |
| White Knight Strategic Wealth Advisors, LLC | 23,589 | $2.12M | 1.67% | −95−0.4% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 23,719 | $2.13M | 0.06% | +3,117+15.1% | Added |
| Abacus Planning Group, Inc. | 23,738 | $2.13M | 0.29% | 00.0% | Unchanged |
| CRA Financial Services, LLC | 23,853 | $2.14M | 0.29% | −688−2.8% | Reduced |
| Sanctuary Advisors, LLC | 23,931 | $2.15M | 0.01% | −1,977−7.6% | Reduced |
| Mainstay Capital Management LLC | 24,048 | $2.16M | 0.22% | −24,048−50.0% | Reduced |
| Spire Wealth Management | 24,461 | $2.20M | 0.07% | +1,220+5.2% | Added |
| Sapient Capital LLC | 24,488 | $2.20M | 0.03% | 00.0% | Unchanged |
| TSFG, LLC | 24,617 | $2.21M | 0.35% | 00.0% | Unchanged |
| Fortem Financial Group, LLC | 24,657 | $2.21M | 0.64% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 24,781 | $2.22M | 0.00% | +229+0.9% | Added |
| Epiq Partners, LLC | 25,050 | $2.25M | 1.06% | −8,950−26.3% | Reduced |
| Grimes & Company, Inc. | 25,925 | $2.33M | 0.06% | −2,413−8.5% | Reduced |
| United Capital Financial Advisers, LLC | 26,042 | $2.34M | 0.02% | +26,042 | New |
| Prosperity Wealth Management, Inc. | 26,088 | $2.34M | 0.79% | +3,902+17.6% | Added |
| Illumine Investment Management, LLC | 27,105 | $2.43M | 1.73% | −686−2.5% | Reduced |
| Canton Hathaway, LLC | 27,200 | $2.44M | 0.47% | 00.0% | Unchanged |
| Cura Wealth Advisors, LLC | 27,390 | $2.46M | 0.95% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 27,565 | $2.47M | 0.34% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 27,648 | $2.48M | 0.01% | +2,036+7.9% | Added |
| Diligent Investors, LLC | 27,947 | $2.51M | 0.63% | −21−0.1% | Reduced |
| Finer Wealth Management, Inc. | 28,652 | $2.57M | 1.28% | 00.0% | Unchanged |
| Truist Financial Corp | 28,676 | $2.57M | 0.00% | +1,000+3.6% | Added |
| Stifel Financial Corp | 28,792 | $2.58M | 0.00% | +35+0.1% | Added |
| Ribbit Management Company, LLC | 29,309 | $2.63M | 0.12% | 00.0% | Unchanged |
| Integrated Advisors Network LLC | 29,504 | $2.65M | 0.11% | −1,170−3.8% | Reduced |
| RMB Capital Management, LLC | 29,748 | $2.67M | 0.05% | 00.0% | Unchanged |
| Newbridge Financial Services Group, Inc. | 30,772 | $2.76M | 0.41% | +10,557+52.2% | Added |
| NBC Securities, Inc. | 30,895 | $2.77M | 0.21% | −400−1.3% | Reduced |
| McRae Capital Management Inc | 30,940 | $2.78M | 0.55% | 00.0% | Unchanged |
| Financial Engines Advisors L.L.C. | 31,578 | $2.83M | 0.01% | −196−0.6% | Reduced |
| Carnegie Capital Asset Management, LLC | 31,633 | $2.84M | 0.05% | −1,400−4.2% | Reduced |
| McKinley Carter Wealth Services, Inc. | 32,107 | $2.88M | 0.15% | +108+0.3% | Added |
| WealthPlan Investment Management, LLC | 32,144 | $2.89M | 0.19% | −243−0.8% | Reduced |
| Renaissance Technologies LLC | 32,200 | $2.89M | 0.00% | −47,900−59.8% | Reduced |
| National Asset Management, Inc. | 32,463 | $2.91M | 0.14% | −300−0.9% | Reduced |
| Warren Averett Asset Management, LLC | 33,771 | $3.03M | 0.03% | +317+0.9% | Added |
| Compass Ion Advisors, LLC | 34,025 | $3.05M | 0.29% | +267+0.8% | Added |
| Sprott Inc. | 34,255 | $3.08M | 0.12% | −2,830−7.6% | Reduced |
| Sowell Financial Services LLC | 34,295 | $3.08M | 0.12% | −6,272−15.5% | Reduced |
| We Are One Seven, LLC | 34,912 | $3.13M | 0.07% | −756−2.1% | Reduced |
| Interchange Capital Partners, LLC | 35,213 | $3.16M | 0.62% | −467−1.3% | Reduced |
| PYA Waltman Capital, LLC | 35,344 | $3.17M | 0.85% | −71−0.2% | Reduced |
| TigerOak Management, L.L.C. | 36,575 | $3.28M | 1.02% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 36,841 | $3.31M | 0.02% | −8,199−18.2% | Reduced |
| Cyndeo Wealth Partners, LLC | 37,157 | $3.34M | 0.19% | −4,383−10.6% | Reduced |
| Integrated Wealth Concepts LLC | 37,185 | $3.34M | 0.03% | +1,337+3.7% | Added |
| Pathstone Holdings, LLC | 38,131 | $3.42M | 0.01% | +3,029+8.6% | Added |
| Visionary Wealth Advisors | 38,442 | $3.45M | 0.16% | +31+0.1% | Added |
| Captrust Financial Advisors | 39,234 | $3.52M | 0.01% | +613+1.6% | Added |
| Watts Gwilliam & Co., LLC | 40,000 | $3.59M | 0.58% | 00.0% | Unchanged |
| Morgan Stanley | 40,647 | $3.65M | 0.00% | +38,347+1,667.3% | Added |
| Prosperity Financial Group, Inc. | 41,040 | $3.68M | 1.35% | −2,833−6.5% | Reduced |
| Wealthspire Advisors, LLC | 42,713 | $3.83M | 0.02% | −876−2.0% | Reduced |
| Fagan Associates, Inc. | 43,284 | $3.89M | 0.54% | −2,819−6.1% | Reduced |
| Certior Financial Group, LLC | 43,716 | $3.92M | 2.66% | −44−0.1% | Reduced |
| Proficio Capital Partners LLC | 44,427 | $3.99M | 0.27% | 00.0% | Unchanged |
| HFG Wealth Management, LLC | 45,122 | $4.05M | 2.20% | −3,843−7.8% | Reduced |
| CI Private Wealth, LLC | 47,533 | $4.27M | 0.01% | −2,120−4.3% | Reduced |
| GWM Advisors LLC | 47,930 | $4.30M | 0.02% | −5,647−10.5% | Reduced |
| Mercer Global Advisors Inc | 48,633 | $4.37M | 0.01% | +1,670+3.6% | Added |
| The PNC Financial Services Group, Inc. | 49,739 | $4.47M | 0.00% | +250+0.5% | Added |
| US Bancorp | 50,723 | $4.55M | 0.01% | +220.0% | Added |
| Keystone Financial Group | 56,229 | $4.60M | 0.35% | +1,898+3.5% | Added |
| Convergence Financial, LLC | 51,460 | $4.62M | 0.69% | −179−0.3% | Reduced |