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 |
|---|---|---|---|---|---|
| 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 |
| Retirement Planning Co of New England, Inc. | 5,233 | $445.4K | 0.18% | −155−2.9% | Reduced |
| Rahlfs Capital, LLC | 4,870 | $437.2K | 0.35% | 00.0% | Unchanged |
| Bessemer Group Inc | 4,836 | $434.0K | 0.00% | +639+15.2% | Added |
| Argent Trust Co | 4,831 | $433.7K | 0.02% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 5,220 | $433.1K | 0.03% | 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 |
| Equitable Trust Co | 4,809 | $431.7K | 0.02% | 00.0% | Unchanged |
| Impact Partnership Wealth, LLC | 4,755 | $426.9K | 0.06% | +165+3.6% | Added |
| Money Concepts Capital Corp | 4,735 | $425.1K | 0.03% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 4,726 | $424.3K | 0.04% | +1,165+32.7% | Added |
| Sterling Investment Counsel, LLC | 4,665 | $418.8K | 0.13% | 00.0% | Unchanged |
| Pensionmark Financial Group, LLC | 4,659 | $418.2K | 0.01% | +100+2.2% | Added |
| Snowden Capital Advisors LLC | 4,645 | $417.0K | 0.01% | −275−5.6% | Reduced |
| Commerce Bank | 4,611 | $413.9K | 0.00% | +590+14.7% | Added |
| Joel Isaacson & Co., LLC | 4,608 | $413.7K | 0.01% | 00.0% | Unchanged |
| Correct Capital Wealth Management | 4,600 | $412.9K | 0.08% | 00.0% | Unchanged |
| Arlington Capital Management, Inc. | 4,593 | $412.3K | 0.26% | −128−2.7% | Reduced |
| Mill Creek Capital Advisors, LLC | 4,588 | $411.9K | 0.01% | +143+3.2% | Added |
| Journey Advisory Group, LLC | 4,548 | $408.3K | 0.03% | 00.0% | Unchanged |
| Edge Wealth Management LLC | 4,538 | $407.4K | 0.07% | 00.0% | Unchanged |
| Inspire Advisors, LLC | 4,520 | $405.8K | 0.04% | −205−4.3% | Reduced |
| Cornerstone Wealth Management, LLC | 4,516 | $405.4K | 0.02% | −43−0.9% | Reduced |
| FMR LLC | 4,439 | $398.5K | 0.00% | −2,132−32.4% | Reduced |
| Blackhawk Capital Partners LLC. | 4,424 | $397.1K | 0.15% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 4,380 | $393.0K | 0.00% | +182+4.3% | Added |
| Ciovacco Capital Management LLC | 7,748 | $392.3K | 0.20% | +7,748 | New |
| CLG LLC | 4,344 | $389.9K | 0.11% | +4,344 | New |
| Rossby Financial, LCC | 4,205 | $387.7K | 0.13% | 00.0% | Unchanged |
| Buckingham Strategic Partners | 4,416 | $380.7K | 0.00% | −754−14.6% | Reduced |
| Walled Lake Planning & Wealth Management, LLC | 4,212 | $378.1K | 0.12% | −4,194−49.9% | Reduced |
| Signature Securities Group Corporation | 4,208 | $377.8K | 0.12% | −793−15.9% | Reduced |
| DeDora Capital, Inc. | 4,204 | $377.4K | 0.09% | +10.0% | Added |
| Clare Market Investments LLC | 4,179 | $375.1K | 0.08% | −3,675−46.8% | Reduced |
| LMG Wealth Partners, LLC | 4,162 | $373.6K | 0.07% | −73−1.7% | Reduced |
| Arete Wealth Advisors, LLC | 4,133 | $371.0K | 0.02% | −61−1.5% | Reduced |
| Triton Wealth Management, PLLC | 4,273 | $370.9K | 0.14% | +583+15.8% | Added |
| Schnieders Capital Management, LLC. | 4,084 | $366.6K | 0.07% | +4,084 | New |
| CMG Global Holdings, LLC | 4,192 | $365.7K | 0.18% | +100+2.4% | Added |
| Jeppson Wealth Management, LLC | 4,060 | $364.5K | 0.12% | 00.0% | Unchanged |
| Icon Wealth Advisors, LLC | 4,046 | $363.2K | 0.02% | 00.0% | Unchanged |
| Level Financial Advisors, Inc. | 4,041 | $362.8K | 0.10% | 00.0% | Unchanged |
| Marshall & Sullivan Inc | 4,040 | $362.7K | 0.17% | 00.0% | Unchanged |
| Investmark Advisory Group LLC | 4,038 | $362.5K | 0.16% | 00.0% | Unchanged |
| Adalta Capital Management LLC | 4,035 | $362.2K | 0.16% | −100−2.4% | Reduced |
| Panoramic Investment Advisors, LLC | 4,027 | $361.5K | 0.20% | 00.0% | Unchanged |
| Mountain Capital Investment Advisors, Inc | 3,919 | $361.3K | 0.06% | 00.0% | Unchanged |
| Cornerstone Wealth Group, LLC | 3,996 | $358.7K | 0.02% | +210+5.5% | Added |
| Camden Capital, LLC | 3,970 | $356.4K | 0.02% | +1,521+62.1% | Added |
| E&G Advisors, LP | 3,950 | $354.6K | 0.08% | −100−2.5% | Reduced |
| MA Private Wealth | 3,837 | $344.4K | 0.06% | 00.0% | Unchanged |
| Clear Harbor Asset Management, LLC | 3,830 | $343.8K | 0.02% | −35−0.9% | Reduced |
| Zhang Financial LLC | 3,819 | $342.8K | 0.01% | 00.0% | Unchanged |
| Old Mission Investment Co LLC | 3,817 | $342.7K | 0.08% | −220−5.4% | Reduced |
| SageView Advisory Group, LLC | 3,802 | $341.3K | 0.01% | +192+5.3% | Added |
| Sanders Morris Harris LLC | 3,785 | $339.8K | 0.04% | 00.0% | Unchanged |
| Able Wealth Management LLC | 3,774 | $338.8K | 0.13% | 00.0% | Unchanged |
| BCS Wealth Management | 3,757 | $337.3K | 0.08% | −5,394−58.9% | Reduced |
| Trilogy Capital Inc. | 3,750 | $336.6K | 0.02% | −250−6.3% | Reduced |
| IAM Advisory, LLC | 3,740 | $335.8K | 0.08% | 00.0% | Unchanged |
| Invesco Ltd. | 3,734 | $335.2K | 0.00% | +326+9.6% | Added |
| Resources Investment Advisors, LLC. | 3,730 | $334.8K | 0.00% | +479+14.7% | Added |
| Onyx Bridge Wealth Group LLC | 3,729 | $334.8K | 0.04% | 00.0% | Unchanged |
| WorthPointe, LLC | 3,722 | $334.1K | 0.13% | 00.0% | Unchanged |
| Rockland Trust Co | 3,700 | $332.1K | 0.01% | +3,700 | New |
| Laidlaw Wealth Management LLC | 3,695 | $331.7K | 0.79% | +360+10.8% | Added |
| Silver Oak Securities, Inc | 3,690 | $331.3K | 0.02% | −51−1.4% | Reduced |
| Novem Group | 3,688 | $331.1K | 0.04% | −200−5.1% | Reduced |
| RFG Advisory, LLC | 3,683 | $330.6K | 0.01% | 00.0% | Unchanged |
| L.M. Kohn & Company | 3,660 | $328.6K | 0.39% | −73−2.0% | Reduced |
| Sentry LLC | 3,657 | $328.3K | 0.08% | 00.0% | Unchanged |
| Dudley Capital Management, LLC | 3,647 | $327.4K | 0.15% | 00.0% | Unchanged |
| Henrickson Nauta Wealth Advisors, Inc. | 3,641 | $326.9K | 0.10% | −778−17.6% | Reduced |
| SP Asset Management LLC | 3,640 | $326.8K | 0.03% | 00.0% | Unchanged |
| Advisor OS, LLC | 3,565 | $320.0K | 0.03% | +150+4.4% | Added |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 3,540 | $317.8K | 0.01% | +3,540 | New |
| Mainstream Capital Management LLC | 3,538 | $317.6K | 0.21% | −46−1.3% | Reduced |
| Parkside Financial Bank & Trust | 3,535 | $317.3K | 0.02% | 00.0% | Unchanged |
| Oarsman Capital, Inc. | 3,523 | $316.3K | 0.04% | 00.0% | Unchanged |
| Bonfire Financial | 3,545 | $316.0K | 0.24% | +79+2.3% | Added |
| Sovereign Financial Group, Inc. | 3,495 | $313.7K | 0.06% | 00.0% | Unchanged |
| Capital Advisors Wealth Management, LLC | 3,494 | $313.7K | 0.04% | −163−4.5% | Reduced |
| Stratos Wealth Advisors, LLC | 3,457 | $310.3K | 0.01% | −701−16.9% | Reduced |
| Modus Advisors, LLC | 3,449 | $309.6K | 0.08% | 00.0% | Unchanged |
| Plante Moran Financial Advisors, LLC | 3,440 | $308.8K | 0.02% | +1,861+117.9% | Added |
| Hantz Financial Services, Inc. | 3,421 | $307.0K | 0.00% | −2,558−42.8% | Reduced |
| Central Trust Co | 3,413 | $306.4K | 0.01% | −597−14.9% | Reduced |
| Objective Capital Management, LLC | 3,400 | $305.2K | 0.32% | 00.0% | Unchanged |
| Ashton Thomas Private Wealth, LLC | 3,394 | $304.7K | 0.01% | +535+18.7% | Added |
| RFP Financial Group LLC | 3,494 | $300.6K | 0.12% | +3,494 | New |
| BCJ Capital Management, LLC | 3,348 | $300.6K | 0.02% | −907−21.3% | Reduced |
| Gateway Wealth Partners, LLC | 3,340 | $299.8K | 0.04% | +3,340 | New |
| Klingenstein Fields & Co LP | 3,321 | $298.1K | 0.01% | +3,321 | New |
| Lion Street Advisors, LLC | 5,994 | $297.8K | 0.10% | +5,994 | New |
| MJP Associates Inc | 3,310 | $297.1K | 0.04% | 00.0% | Unchanged |
| Avalon Trust Co | 3,310 | $297.1K | 0.02% | +3,310 | New |
| Mayfair Advisory Group, LLC | 3,300 | $296.2K | 0.13% | +40+1.2% | Added |
| Thrive Wealth Management, LLC | 3,295 | $295.8K | 0.04% | 00.0% | Unchanged |