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 |
|---|---|---|---|---|---|
| Copia Wealth Management | 15,714 | $1.41M | 1.05% | +25+0.2% | Added |
| Childress Capital Advisors, LLC | 15,614 | $1.40M | 0.26% | 00.0% | Unchanged |
| Insigneo Advisory Services, LLC | 15,442 | $1.39M | 0.10% | +4,279+38.3% | Added |
| 180 Wealth Advisors, LLC | 15,363 | $1.38M | 0.17% | +7,501+95.4% | Added |
| Belpointe Asset Management LLC | 15,311 | $1.37M | 0.05% | +1,865+13.9% | Added |
| Curran Financial Partners, LLC | 15,238 | $1.37M | 0.27% | +80+0.5% | Added |
| Empower Advisory Group, LLC | 15,141 | $1.36M | 0.00% | 00.0% | Unchanged |
| NorthRock Partners, LLC | 15,044 | $1.35M | 0.02% | +3,971+35.9% | Added |
| Scotia Capital Inc. | 15,031 | $1.35M | 0.01% | −3,876−20.5% | Reduced |
| VestGen Advisors, LLC | 14,767 | $1.33M | 0.04% | +3,938+36.4% | Added |
| Midwest Trust Co | 14,754 | $1.32M | 0.02% | 00.0% | Unchanged |
| Aries Wealth Management | 14,545 | $1.31M | 0.31% | 00.0% | Unchanged |
| Pilgrim Partners Asia Pte Ltd | 14,500 | $1.30M | 0.58% | +14,500 | New |
| Rothschild Investment LLC | 14,490 | $1.30M | 0.07% | 00.0% | Unchanged |
| Fountainhead AM, LLC | 14,439 | $1.30M | 0.17% | −224−1.5% | Reduced |
| Wealthcare Advisory Partners LLC | 14,420 | $1.29M | 0.03% | 00.0% | Unchanged |
| Regions Financial Corp | 14,417 | $1.29M | 0.01% | 00.0% | Unchanged |
| Mills Wealth Advisors LLC | 14,346 | $1.28M | 0.52% | −12−0.1% | Reduced |
| Geneos Wealth Management Inc. | 14,167 | $1.27M | 0.03% | +20+0.1% | Added |
| Independent Advisor Alliance | 14,087 | $1.26M | 0.03% | −3,375−19.3% | Reduced |
| Berger Financial Group, Inc | 14,068 | $1.26M | 0.08% | −2,239−13.7% | Reduced |
| Aptus Capital Advisors, LLC | 13,873 | $1.25M | 0.01% | −5,000−26.5% | Reduced |
| Quadrant Private Wealth Management, LLC | 13,847 | $1.24M | 0.23% | +1,387+11.1% | Added |
| Malaga Cove Capital, LLC | 13,659 | $1.23M | 0.44% | 00.0% | Unchanged |
| Cherrydale Wealth Management, LLC | 13,531 | $1.21M | 0.38% | 00.0% | Unchanged |
| Stevens Capital Management LP | 13,520 | $1.21M | 0.16% | +9,348+224.1% | Added |
| Pinnacle Associates Ltd | 13,516 | $1.21M | 0.02% | −908−6.3% | Reduced |
| Montag A & Associates Inc | 13,495 | $1.21M | 0.06% | +14+0.1% | Added |
| Steel Peak Wealth Management LLC | 13,345 | $1.20M | 0.04% | +73+0.6% | Added |
| SRS Capital Advisors, Inc. | 13,300 | $1.19M | 0.02% | +7,213+118.5% | Added |
| Fortress Wealth Group, LLC | 13,731 | $1.19M | 0.51% | −54−0.4% | Reduced |
| Deltec Asset Management LLC | 13,250 | $1.19M | 0.20% | 00.0% | Unchanged |
| Modern Wealth Management, LLC | 13,245 | $1.19M | 0.02% | −78−0.6% | Reduced |
| BlackRock, Inc. | 13,220 | $1.19M | 0.00% | −200−1.5% | Reduced |
| Gables Capital Management Inc. | 12,995 | $1.17M | 0.50% | 00.0% | Unchanged |
| Vista Finance, LLC | 12,987 | $1.17M | 0.78% | +10.0% | Added |
| NVWM, LLC | 12,855 | $1.15M | 0.26% | −81−0.6% | Reduced |
| Wealth Alliance Advisory Group, LLC | 12,744 | $1.14M | 0.21% | 00.0% | Unchanged |
| Aspen Grove Capital, LLC | 12,655 | $1.14M | 0.19% | 00.0% | Unchanged |
| Runnymede Capital Advisors, Inc. | 12,608 | $1.13M | 0.93% | +140+1.1% | Added |
| PFG Investments, LLC | 12,583 | $1.13M | 0.06% | +334+2.7% | Added |
| CWM, LLC | 12,571 | $1.13M | 0.00% | +6,802+117.9% | Added |
| National Philanthropic Trust | 12,389 | $1.11M | 0.01% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 12,445 | $1.11M | 0.03% | +580+4.9% | Added |
| SevenBridge Financial Group, LLC | 13,826 | $1.10M | 0.18% | −5,000−26.6% | Reduced |
| Formidable Asset Management, LLC | 12,835 | $1.09M | 0.17% | −1,225−8.7% | Reduced |
| Doliver Advisors, LP | 12,116 | $1.09M | 0.28% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 11,936 | $1.07M | 0.07% | +3,062+34.5% | Added |
| Dakota Wealth Management | 11,931 | $1.07M | 0.02% | 00.0% | Unchanged |
| Edge Financial Advisors LLC | 11,820 | $1.06M | 0.48% | −436−3.6% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 11,809 | $1.06M | 0.01% | −1,774−13.1% | Reduced |
| Coppell Advisory Solutions LLC | 11,807 | $1.06M | 0.11% | +4,969+72.7% | Added |
| Plancorp, LLC | 11,726 | $1.05M | 0.03% | −400−3.3% | Reduced |
| Embree Financial Group | 11,637 | $1.04M | 0.14% | +40+0.3% | Added |
| Howland Capital Management LLC | 11,600 | $1.04M | 0.04% | 00.0% | Unchanged |
| Matrix Private Capital Group LLC | 11,575 | $1.04M | 0.55% | +20+0.2% | Added |
| Peapack Gladstone Financial Corp | 11,510 | $1.03M | 0.01% | −397−3.3% | Reduced |
| Fortis Capital Management LLC | 11,445 | $1.03M | 0.14% | +197+1.8% | Added |
| Essex Financial Services, Inc. | 11,319 | $1.02M | 0.06% | −710−5.9% | Reduced |
| Summit Financial, LLC | 11,247 | $1.01M | 0.02% | +968+9.4% | Added |
| Synergy Financial Management, LLC | 11,678 | $1.01M | 0.04% | +7,728+195.6% | Added |
| Schneider Downs Wealth Management Advisors, LP | 11,185 | $1.00M | 0.12% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 11,175 | $1.00M | 0.01% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 11,052 | $992.1K | 0.07% | +50+0.5% | Added |
| Capital Performance Advisors LLP | 10,967 | $984.5K | 0.16% | +20+0.2% | Added |
| Bank of Montreal | 10,950 | $983.0K | 0.00% | +301+2.8% | Added |
| HBK Sorce Advisory LLC | 11,162 | $973.7K | 0.02% | −99−0.9% | Reduced |
| BEAM Asset Management, LLC | 10,807 | $970.1K | 0.26% | −356−3.2% | Reduced |
| Ritholtz Wealth Management | 10,756 | $965.6K | 0.02% | −2,036−15.9% | Reduced |
| Western Wealth Management, LLC | 10,668 | $957.7K | 0.05% | 00.0% | Unchanged |
| Iridian Asset Management LLC | 10,559 | $947.9K | 0.37% | 00.0% | Unchanged |
| Spectrum Planning & Advisory Services Inc. | 10,289 | $923.6K | 0.52% | −5,500−34.8% | Reduced |
| J.W. Cole Advisors, Inc. | 10,205 | $916.1K | 0.02% | −452−4.2% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 10,186 | $914.4K | 0.00% | 00.0% | Unchanged |
| Fiduciary Financial Group, LLC | 10,174 | $913.3K | 0.14% | −38−0.4% | Reduced |
| Keystone Global Partners, LLC | 10,147 | $910.9K | 0.46% | 00.0% | Unchanged |
| Richards, Merrill & Peterson, Inc. | 10,129 | $909.3K | 0.39% | +2,025+25.0% | Added |
| Stephen J. Garry & Associates, LLC | 10,116 | $908.1K | 0.73% | 00.0% | Unchanged |
| New Republic Capital, LLC | 10,040 | $901.3K | 0.28% | 00.0% | Unchanged |
| Oxbow Advisors, LLC | 10,000 | $897.7K | 0.08% | 00.0% | Unchanged |
| Signaturefd, LLC | 9,922 | $890.7K | 0.01% | −2,386−19.4% | Reduced |
| Bryn Mawr Trust Co | 9,870 | $886.0K | 0.02% | −12,700−56.3% | Reduced |
| Clearwater Capital Advisors, LLC | 9,773 | $877.3K | 0.07% | −25−0.3% | Reduced |
| Dynamic Advisor Solutions LLC | 9,753 | $875.5K | 0.03% | +4,172+74.8% | Added |
| Montz Harcus Wealth Management LLC | 9,741 | $874.5K | 0.38% | 00.0% | Unchanged |
| Hobbs Group Advisors, LLC | 9,602 | $862.0K | 0.27% | +4,532+89.4% | Added |
| United Advisor Group, LLC | 9,516 | $854.3K | 0.11% | 00.0% | Unchanged |
| Insight Advisors, LLC | 9,418 | $845.5K | 0.13% | −10.0% | Reduced |
| Channel Wealth LLC | 9,368 | $841.0K | 0.22% | 00.0% | Unchanged |
| Miracle Mile Advisors, LLC | 9,316 | $836.3K | 0.01% | +2,057+28.3% | Added |
| Wolverine Trading, LLC | 9,252 | $830.2K | 0.02% | +9,252 | New |
| Smith, Moore & Co. | 9,056 | $813.0K | 0.06% | +516+6.0% | Added |
| Compagnie Lombard Odier SCmA | 9,050 | $812.4K | 0.01% | 00.0% | Unchanged |
| Leigh Baldwin & Co., LLC | 9,020 | $809.7K | 0.46% | +1,150+14.6% | Added |
| Golden State Equity Partners | 9,012 | $809.0K | 0.14% | −148−1.6% | Reduced |
| Strategic Wealth Partners, Ltd. | 8,834 | $793.0K | 0.06% | +2,124+31.7% | Added |
| Mission Wealth Management, LP | 8,809 | $790.8K | 0.02% | 00.0% | Unchanged |
| Equitable Holdings, Inc. | 8,760 | $786.4K | 0.01% | +273+3.2% | Added |
| Valeo Financial Advisors, LLC | 8,748 | $785.3K | 0.02% | −15−0.2% | Reduced |
| Mesirow Financial Investment Management, Inc. | 8,715 | $782.3K | 0.01% | 00.0% | Unchanged |