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 |
|---|---|---|---|---|---|
| Opal Wealth Advisors, LLC | 3,285 | $294.9K | 0.08% | 00.0% | Unchanged |
| Blue Rock Wealth Management LLC | 3,278 | $294.3K | 0.18% | +246+8.1% | Added |
| Acorn Financial Advisory Services Inc | 3,264 | $293.0K | 0.04% | −3,162−49.2% | Reduced |
| Avantax Planning Partners, Inc. | 3,213 | $288.4K | 0.01% | −10−0.3% | Reduced |
| Wetherby Asset Management Inc | 3,210 | $288.2K | 0.01% | 00.0% | Unchanged |
| Bogart Wealth, LLC | 3,186 | $286.0K | 0.01% | +216+7.3% | Added |
| TrueWealth Advisors, LLC | 3,185 | $285.9K | 0.08% | 00.0% | Unchanged |
| Flynn Zito Capital Management, LLC | 3,182 | $285.6K | 0.11% | 00.0% | Unchanged |
| Nadler Financial Group, Inc. | 3,167 | $284.3K | 0.03% | 00.0% | Unchanged |
| Advance Capital Management, Inc. | 3,164 | $284.0K | 0.01% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 3,152 | $283.0K | 0.02% | 00.0% | Unchanged |
| Madison Wealth Partners, Inc | 3,148 | $282.6K | 0.06% | −244−7.2% | Reduced |
| HHM Wealth Advisors, LLC | 3,144 | $282.2K | 0.03% | 00.0% | Unchanged |
| Moloney Securities Asset Management, LLC | 3,115 | $279.6K | 0.03% | −604−16.2% | Reduced |
| Blue Fin Capital, Inc. | 3,107 | $278.9K | 0.04% | 00.0% | Unchanged |
| BostonPremier Wealth LLC | 3,106 | $278.8K | 0.14% | 00.0% | Unchanged |
| United Asset Strategies, Inc. | 3,088 | $277.2K | 0.02% | −1,030−25.0% | Reduced |
| Cypress Capital Group | 3,067 | $275.3K | 0.03% | 00.0% | Unchanged |
| Portfolio Design Labs, LLC | 3,033 | $272.3K | 0.05% | 00.0% | Unchanged |
| Ascent Group, LLC | 3,033 | $272.3K | 0.01% | 00.0% | Unchanged |
| SlateStone Wealth, LLC | 3,000 | $269.0K | 0.02% | −2,513−45.6% | Reduced |
| Centric Wealth Management | 3,119 | $268.3K | 0.06% | −1,000−24.3% | Reduced |
| Miller Financial Services LLC | 2,980 | $267.5K | 0.31% | 00.0% | Unchanged |
| Comerica Bank | 2,972 | $266.8K | 0.00% | −2,000−40.2% | Reduced |
| New Wave Wealth Advisors LLC | 2,969 | $266.5K | 0.10% | 00.0% | Unchanged |
| Meridian Financial Partners LLC | 2,737 | $264.9K | 0.11% | 00.0% | Unchanged |
| Crestwood Advisors Group LLC | 2,950 | $264.8K | 0.00% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 2,928 | $262.8K | 0.00% | −500−14.6% | Reduced |
| First Heartland Consultants, Inc. | 2,924 | $262.5K | 0.02% | +40+1.4% | Added |
| Horizon Wealth Management, LLC | 2,921 | $262.2K | 0.04% | 00.0% | Unchanged |
| Keel Point, LLC | 2,912 | $261.4K | 0.02% | +2,912 | New |
| Fermata Advisors, LLC | 2,907 | $261.0K | 0.07% | 00.0% | Unchanged |
| Osborne Partners Capital Management, LLC | 2,905 | $260.8K | 0.01% | 00.0% | Unchanged |
| Glenmede Investment Management, LP | 2,900 | $260.3K | 0.00% | 00.0% | Unchanged |
| Elevatus Welath Management | 2,900 | $260.3K | 0.08% | 00.0% | Unchanged |
| SWP Financial LLC | 2,895 | $259.9K | 0.13% | 00.0% | Unchanged |
| MWA Asset Management | 2,877 | $258.3K | 0.14% | +125+4.5% | Added |
| Sound View Wealth Advisors Group, LLC | 2,870 | $257.6K | 0.02% | +2,870 | New |
| StoneX Group Inc. | 2,835 | $254.5K | 0.01% | +2,835 | New |
| Brave Asset Management Inc | 2,824 | $253.5K | 0.06% | 00.0% | Unchanged |
| Citizens Financial Group Inc | 2,797 | $251.1K | 0.00% | +2,797 | New |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 2,796 | $251.0K | 0.03% | +371+15.3% | Added |
| Huntington National Bank | 2,777 | $249.3K | 0.00% | +1,175+73.3% | Added |
| Gilman Hill Asset Management, LLC | 2,764 | $248.1K | 0.04% | −1,397−33.6% | Reduced |
| Canal Capital Management, LLC | 2,730 | $245.1K | 0.04% | +174+6.8% | Added |
| Hengehold Capital Management LLC | 2,714 | $243.6K | 0.02% | 00.0% | Unchanged |
| Belvedere Trading LLC | 2,714 | $243.6K | 0.02% | +1,268+87.7% | Added |
| Paragon Financial Partners, Inc. | 2,710 | $243.3K | 0.15% | 00.0% | Unchanged |
| KMG Fiduciary Partners, LLC | 2,699 | $242.3K | 0.02% | −250−8.5% | Reduced |
| CWA Asset Management Group, LLC | 2,697 | $242.1K | 0.01% | 00.0% | Unchanged |
| Strategic Advocates LLC | 2,672 | $239.9K | 0.06% | −60−2.2% | Reduced |
| Tactive Advisors, LLC | 2,670 | $239.7K | 0.07% | 00.0% | Unchanged |
| Summit Asset Management, LLC | 2,665 | $239.2K | 0.04% | −60−2.2% | Reduced |
| Vestia Personal Wealth Advisors | 2,651 | $238.0K | 0.14% | 00.0% | Unchanged |
| Gladstone Institutional Advisory LLC | 2,650 | $237.9K | 0.01% | +50+1.9% | Added |
| Cooksen Wealth, LLC | 2,646 | $237.5K | 0.18% | 00.0% | Unchanged |
| PUREfi Wealth, LLC | 2,644 | $237.4K | 0.18% | +2,644 | New |
| Purkiss Capital Advisors LLC | 2,643 | $237.3K | 0.11% | −315−10.6% | Reduced |
| Cornerstone Advisory, LLC | 2,643 | $237.3K | 0.02% | 00.0% | Unchanged |
| Oxinas Partners Wealth Management LLC | 2,630 | $236.1K | 0.13% | −25−0.9% | Reduced |
| TCFG Wealth Management, LLC | 2,621 | $235.3K | 0.09% | 00.0% | Unchanged |
| Unique Wealth Strategies, LLC | 2,620 | $235.2K | 0.09% | −28−1.1% | Reduced |
| Financial Insights, Inc. | 2,616 | $234.8K | 0.08% | 00.0% | Unchanged |
| 25 LLC | 2,613 | $234.6K | 0.08% | +3+0.1% | Added |
| Boomfish Wealth Group, LLC | 2,608 | $234.1K | 0.13% | +5+0.2% | Added |
| Kennicott Capital Management LLC | 2,601 | $233.5K | 0.11% | 00.0% | Unchanged |
| BNC Wealth Management, LLC | 2,600 | $233.4K | 0.06% | 00.0% | Unchanged |
| NavPoint Financial, Inc. | 2,600 | $233.4K | 0.12% | 00.0% | Unchanged |
| Redwood Investment Management, LLC | 2,568 | $231.0K | 0.03% | 00.0% | Unchanged |
| Gerber Kawasaki Wealth & Investment Management | 2,570 | $230.7K | 0.01% | +2,570 | New |
| Strive Asset Management, LLC | 2,565 | $230.3K | 0.12% | 00.0% | Unchanged |
| Claudia M.P. Batlle, CRP (R) LLC | 2,548 | $228.7K | 0.08% | −456−15.2% | Reduced |
| Optimum Investment Advisors | 2,548 | $228.7K | 0.09% | 00.0% | Unchanged |
| Forum Financial Management, LP | 2,546 | $228.6K | 0.00% | −1,050−29.2% | Reduced |
| Amplius Wealth Advisors, LLC | 2,536 | $227.7K | 0.02% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 2,515 | $225.8K | 0.00% | 00.0% | Unchanged |
| Alexander Labrunerie & Co., Inc. | 2,510 | $225.3K | 0.08% | 00.0% | Unchanged |
| Modera Wealth Management, LLC | 2,508 | $225.1K | 0.00% | +6+0.2% | Added |
| Plan A Wealth LLC | 2,507 | $225.1K | 0.11% | 00.0% | Unchanged |
| SOA Wealth Advisors, LLC. | 2,506 | $225.0K | 0.04% | −235−8.6% | Reduced |
| Clarity Financial LLC | 2,502 | $224.6K | 0.02% | 00.0% | Unchanged |
| McDonald Partners LLC | 2,500 | $224.4K | 0.07% | −2,500−50.0% | Reduced |
| apricus wealth, LLC | 2,500 | $224.4K | 0.12% | 00.0% | Unchanged |
| Perennial Investment Advisors, LLC | 2,497 | $224.2K | 0.02% | 00.0% | Unchanged |
| W.G. Shaheen & Associates DBA Whitney & Co | 2,495 | $224.0K | 0.02% | 00.0% | Unchanged |
| Legacy Wealth Managment, LLC | 2,490 | $223.5K | 0.10% | +361+17.0% | Added |
| Perfromance Wealth Partners, LLC | 2,472 | $221.9K | 0.01% | 00.0% | Unchanged |
| Wall Street Access Asset Management, LLC | 2,467 | $221.5K | 0.06% | −5,394−68.6% | Reduced |
| Washington Growth Strategies LLC | 2,457 | $220.6K | 0.16% | 00.0% | Unchanged |
| Hartmann Taylor Wealth Management, LLC | 2,455 | $220.4K | 0.16% | 00.0% | Unchanged |
| Bank of America Corp | 2,437 | $218.8K | 0.00% | +51+2.1% | Added |
| Forefront Wealth Partners, LLC | 2,425 | $217.7K | 0.05% | +2,425 | New |
| RMR Wealth Builders | 2,400 | $215.4K | 0.02% | 00.0% | Unchanged |
| Heritage Investors Management Corp | 2,400 | $215.0K | 0.01% | 00.0% | Unchanged |
| Ironwood Financial, llc | 2,394 | $214.9K | 0.04% | +2,394 | New |
| Manchester Financial Inc | 2,391 | $214.6K | 0.04% | +2,391 | New |
| Christensen, King & Associates Investment Services, Inc. | 2,367 | $212.5K | 0.09% | −150−6.0% | Reduced |
| NovaPoint Capital, LLC | 2,360 | $211.9K | 0.05% | +2,360 | New |
| Genesee Capital Advisors, LLC | 2,355 | $211.4K | 0.09% | −950−28.7% | Reduced |
| Freedom Day Solutions, LLC | 2,350 | $211.0K | 0.06% | +2,350 | New |