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 |
|---|---|---|---|---|---|
| Watts Gwilliam & Co., LLC | 40,000 | $3.59M | 0.58% | 00.0% | Unchanged |
| Captrust Financial Advisors | 39,234 | $3.52M | 0.01% | +613+1.6% | Added |
| Visionary Wealth Advisors | 38,442 | $3.45M | 0.16% | +31+0.1% | Added |
| Pathstone Holdings, LLC | 38,131 | $3.42M | 0.01% | +3,029+8.6% | Added |
| Integrated Wealth Concepts LLC | 37,185 | $3.34M | 0.03% | +1,337+3.7% | Added |
| Cyndeo Wealth Partners, LLC | 37,157 | $3.34M | 0.19% | −4,383−10.6% | Reduced |
| Private Advisor Group, LLC | 36,841 | $3.31M | 0.02% | −8,199−18.2% | Reduced |
| TigerOak Management, L.L.C. | 36,575 | $3.28M | 1.02% | 00.0% | Unchanged |
| PYA Waltman Capital, LLC | 35,344 | $3.17M | 0.85% | −71−0.2% | Reduced |
| Interchange Capital Partners, LLC | 35,213 | $3.16M | 0.62% | −467−1.3% | Reduced |
| We Are One Seven, LLC | 34,912 | $3.13M | 0.07% | −756−2.1% | Reduced |
| Sowell Financial Services LLC | 34,295 | $3.08M | 0.12% | −6,272−15.5% | Reduced |
| Sprott Inc. | 34,255 | $3.08M | 0.12% | −2,830−7.6% | Reduced |
| Compass Ion Advisors, LLC | 34,025 | $3.05M | 0.29% | +267+0.8% | Added |
| Warren Averett Asset Management, LLC | 33,771 | $3.03M | 0.03% | +317+0.9% | Added |
| National Asset Management, Inc. | 32,463 | $2.91M | 0.14% | −300−0.9% | Reduced |
| Renaissance Technologies LLC | 32,200 | $2.89M | 0.00% | −47,900−59.8% | Reduced |
| WealthPlan Investment Management, LLC | 32,144 | $2.89M | 0.19% | −243−0.8% | Reduced |
| McKinley Carter Wealth Services, Inc. | 32,107 | $2.88M | 0.15% | +108+0.3% | Added |
| Carnegie Capital Asset Management, LLC | 31,633 | $2.84M | 0.05% | −1,400−4.2% | Reduced |
| Financial Engines Advisors L.L.C. | 31,578 | $2.83M | 0.01% | −196−0.6% | Reduced |
| McRae Capital Management Inc | 30,940 | $2.78M | 0.55% | 00.0% | Unchanged |
| NBC Securities, Inc. | 30,895 | $2.77M | 0.21% | −400−1.3% | Reduced |
| Newbridge Financial Services Group, Inc. | 30,772 | $2.76M | 0.41% | +10,557+52.2% | Added |
| RMB Capital Management, LLC | 29,748 | $2.67M | 0.05% | 00.0% | Unchanged |
| Integrated Advisors Network LLC | 29,504 | $2.65M | 0.11% | −1,170−3.8% | Reduced |
| Ribbit Management Company, LLC | 29,309 | $2.63M | 0.12% | 00.0% | Unchanged |
| Stifel Financial Corp | 28,792 | $2.58M | 0.00% | +35+0.1% | Added |
| Truist Financial Corp | 28,676 | $2.57M | 0.00% | +1,000+3.6% | Added |
| Finer Wealth Management, Inc. | 28,652 | $2.57M | 1.28% | 00.0% | Unchanged |
| Diligent Investors, LLC | 27,947 | $2.51M | 0.63% | −21−0.1% | Reduced |
| Steward Partners Investment Advisory, LLC | 27,648 | $2.48M | 0.01% | +2,036+7.9% | Added |
| SJS Investment Consulting Inc. | 27,565 | $2.47M | 0.34% | 00.0% | Unchanged |
| Cura Wealth Advisors, LLC | 27,390 | $2.46M | 0.95% | 00.0% | Unchanged |
| Canton Hathaway, LLC | 27,200 | $2.44M | 0.47% | 00.0% | Unchanged |
| Illumine Investment Management, LLC | 27,105 | $2.43M | 1.73% | −686−2.5% | Reduced |
| Prosperity Wealth Management, Inc. | 26,088 | $2.34M | 0.79% | +3,902+17.6% | Added |
| United Capital Financial Advisers, LLC | 26,042 | $2.34M | 0.02% | +26,042 | New |
| Grimes & Company, Inc. | 25,925 | $2.33M | 0.06% | −2,413−8.5% | Reduced |
| Epiq Partners, LLC | 25,050 | $2.25M | 1.06% | −8,950−26.3% | Reduced |
| CIBC Private Wealth Group, LLC | 24,781 | $2.22M | 0.00% | +229+0.9% | Added |
| Fortem Financial Group, LLC | 24,657 | $2.21M | 0.64% | 00.0% | Unchanged |
| TSFG, LLC | 24,617 | $2.21M | 0.35% | 00.0% | Unchanged |
| Sapient Capital LLC | 24,488 | $2.20M | 0.03% | 00.0% | Unchanged |
| Spire Wealth Management | 24,461 | $2.20M | 0.07% | +1,220+5.2% | Added |
| Mainstay Capital Management LLC | 24,048 | $2.16M | 0.22% | −24,048−50.0% | Reduced |
| Sanctuary Advisors, LLC | 23,931 | $2.15M | 0.01% | −1,977−7.6% | Reduced |
| CRA Financial Services, LLC | 23,853 | $2.14M | 0.29% | −688−2.8% | Reduced |
| Abacus Planning Group, Inc. | 23,738 | $2.13M | 0.29% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 23,719 | $2.13M | 0.06% | +3,117+15.1% | Added |
| White Knight Strategic Wealth Advisors, LLC | 23,589 | $2.12M | 1.67% | −95−0.4% | Reduced |
| Summit Trail Advisors, LLC | 23,545 | $2.11M | 0.03% | +23,545 | New |
| RSM US Wealth Management LLC | 23,338 | $2.09M | 0.03% | +362+1.6% | Added |
| Kovitz Investment Group Partners, LLC | 23,102 | $2.07M | 0.01% | +1,379+6.3% | Added |
| Virtu Financial LLC | 23,011 | $2.07M | 0.12% | −134,699−85.4% | Reduced |
| Quadcap Wealth Management, LLC | 22,963 | $2.06M | 0.24% | 00.0% | Unchanged |
| Jaffetilchin Investment Partners, LLC | 22,926 | $2.06M | 0.12% | −13−0.1% | Reduced |
| Nwam LLC | 22,753 | $2.04M | 0.11% | −95−0.4% | Reduced |
| MAI Capital Management | 22,695 | $2.04M | 0.01% | −1,166−4.9% | Reduced |
| Financial Management Professionals, Inc. | 22,542 | $2.02M | 0.21% | +386+1.7% | Added |
| Alamea Verwaltungs GmbH | 22,446 | $2.01M | 1.38% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 22,398 | $2.01M | 0.08% | +28+0.1% | Added |
| SeaCrest Wealth Management, LLC | 20,583 | $1.99M | 0.21% | +290+1.4% | Added |
| TRUE Private Wealth Advisors | 22,157 | $1.99M | 0.20% | +300+1.4% | Added |
| Prairie Wealth Advisors, Inc. | 21,953 | $1.97M | 0.81% | −280−1.3% | Reduced |
| Beacon Pointe Advisors, LLC | 21,923 | $1.97M | 0.02% | −14,825−40.3% | Reduced |
| Philadelphia Trust Co | 21,620 | $1.94M | 0.14% | 00.0% | Unchanged |
| Moneta Group Investment Advisors LLC | 21,422 | $1.92M | 0.02% | +21+0.1% | Added |
| Upper Left Wealth Management, LLC | 20,931 | $1.88M | 1.18% | −90−0.4% | Reduced |
| Stratos Wealth Partners, LTD. | 20,812 | $1.87M | 0.02% | −457−2.1% | Reduced |
| Joseph P. Lucia & Associates, LLC | 20,740 | $1.86M | 0.70% | −1,608−7.2% | Reduced |
| Perigon Wealth Management, LLC | 20,648 | $1.85M | 0.04% | −1,552−7.0% | Reduced |
| Pallas Capital Advisors LLC | 20,615 | $1.85M | 0.07% | 00.0% | Unchanged |
| Maridea Wealth Management LLC | 21,272 | $1.85M | 0.29% | −354−1.6% | Reduced |
| Soltis Investment Advisors LLC | 20,427 | $1.83M | 0.13% | +339+1.7% | Added |
| Synovus Financial Corp | 20,372 | $1.83M | 0.02% | −169−0.8% | Reduced |
| Johnson Investment Counsel Inc | 20,151 | $1.81M | 0.02% | 00.0% | Unchanged |
| Cynosure Management, LLC | 20,079 | $1.80M | 0.20% | 00.0% | Unchanged |
| Stansberry Asset Management, LLC | 19,527 | $1.75M | 0.18% | −245−1.2% | Reduced |
| Simplex Trading, LLC | 19,144 | $1.72M | 0.04% | +19,144 | New |
| Almanack Investment Partners, LLC. | 19,086 | $1.71M | 0.26% | 00.0% | Unchanged |
| Matauro, LLC | 18,977 | $1.70M | 0.27% | −2,283−10.7% | Reduced |
| Wedbush Securities Inc | 18,925 | $1.70M | 0.06% | −819−4.1% | Reduced |
| Angeles Wealth Management, LLC | 18,648 | $1.67M | 0.10% | 00.0% | Unchanged |
| Integras Partners LLC | 18,397 | $1.65M | 1.33% | +18,397 | New |
| HCR Wealth Advisors | 17,312 | $1.64M | 0.17% | 00.0% | Unchanged |
| Leavell Investment Management, Inc. | 18,250 | $1.64M | 0.07% | +9,275+103.3% | Added |
| DRW Securities, LLC | 17,754 | $1.60M | 0.08% | −6,617−27.2% | Reduced |
| Pine Valley Investments Ltd Liability Co | 17,694 | $1.59M | 0.08% | +216+1.2% | Added |
| Milestone Asset Management Group, LLC | 17,688 | $1.59M | 1.00% | −847−4.6% | Reduced |
| Bellwether Advisors, LLC | 17,609 | $1.58M | 0.26% | 00.0% | Unchanged |
| Prospera Financial Services Inc | 17,450 | $1.57M | 0.03% | +160+0.9% | Added |
| Adviser Investments LLC | 17,428 | $1.56M | 0.02% | +6,341+57.2% | Added |
| Exit Wealth Advisors, LLC. | 17,059 | $1.53M | 1.02% | +17,059 | New |
| Change Path, LLC | 16,800 | $1.51M | 0.04% | +5,706+51.4% | Added |
| Prime Capital Investment Advisors, LLC | 16,782 | $1.51M | 0.02% | +3,941+30.7% | Added |
| Ronald Blue Trust, Inc. | 16,689 | $1.50M | 0.02% | −200−1.2% | Reduced |
| AE Wealth Management LLC | 16,562 | $1.49M | 0.01% | +514+3.2% | Added |
| TCG Advisory Services, LLC | 16,186 | $1.45M | 0.05% | 00.0% | Unchanged |
| Cary Street Partners Financial LLC | 15,782 | $1.42M | 0.04% | 00.0% | Unchanged |