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 |
|---|---|---|---|---|---|
| Whittier Trust Co | 2,184 | $210.4K | 0.00% | 00.0% | Unchanged |
| Crumly & Associates Inc. | 2,331 | $209.3K | 0.05% | +2,331 | New |
| Highline Wealth Partners LLC | 2,329 | $209.1K | 0.06% | −211−8.3% | Reduced |
| Alterna Wealth Management, Inc | 2,321 | $208.4K | 0.17% | +2,321 | New |
| Samalin Investment Counsel, LLC | 2,320 | $208.3K | 0.07% | −1,041−31.0% | Reduced |
| Williams Financial, LLC | 2,307 | $207.1K | 0.21% | +2,307 | New |
| Tealwood Asset Management Inc | 2,303 | $207.0K | 0.08% | +2,303 | New |
| Johnson & White Wealth Management, LLC | 2,296 | $206.1K | 0.09% | +2,296 | New |
| Old National Bancorp | 2,287 | $205.3K | 0.00% | +2,287 | New |
| Lazari Capital Management, Inc. | 2,275 | $204.2K | 0.07% | +2,275 | New |
| MML Investors Services, LLC | 2,270 | $203.8K | 0.00% | +2,270 | New |
| Atlas Brown,Inc. | 2,250 | $202.0K | 0.06% | +2,250 | New |
| United Capital Management of KS, Inc. | 2,250 | $202.0K | 0.03% | +2,250 | New |
| Market Street Wealth Management Advisors LLC | 2,250 | $202.0K | 0.03% | +2,250 | New |
| Wells Fargo & Company | 2,246 | $201.6K | 0.00% | −21−0.9% | Reduced |
| Peregrine Asset Advisers, Inc. | 2,233 | $200.5K | 0.06% | +2,233 | New |
| Richardson Capital Management LLC | 2,184 | $196.1K | 0.09% | 00.0% | Unchanged |
| Umb Bank N A | 2,145 | $192.6K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 2,104 | $188.9K | 0.00% | −52−2.4% | Reduced |
| Glass Jacobson Investment Advisors llc | 2,097 | $188.2K | 0.07% | −499−19.2% | Reduced |
| Fairscale Capital, LLC | 2,003 | $179.8K | 0.12% | 00.0% | Unchanged |
| Pandora Wealth, Inc. | 2,000 | $179.5K | 0.11% | 00.0% | Unchanged |
| Tidemark, LLC | 1,896 | $170.2K | 0.05% | 00.0% | Unchanged |
| LFA - Lugano Financial Advisors SA | 1,835 | $164.7K | 0.09% | 00.0% | Unchanged |
| Colonial Trust Advisors | 1,810 | $162.5K | 0.01% | +50+2.8% | Added |
| Salem Investment Counselors Inc | 1,773 | $159.2K | 0.00% | 00.0% | Unchanged |
| Pathway Financial Advisers, LLC | 1,589 | $142.6K | 0.04% | +1,589 | New |
| Vident Advisory, LLC | 1,500 | $134.7K | 0.00% | +1,500 | New |
| Boreal Capital Management LLC | 1,493 | $134.0K | 0.11% | −2,387−61.5% | Reduced |
| Valley National Advisers Inc | 1,456 | $130.0K | 0.02% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 1,430 | $128.4K | 0.07% | 00.0% | Unchanged |
| Jackson, Grant Investment Advisers, Inc. | 1,387 | $124.5K | 0.04% | 00.0% | Unchanged |
| McIlrath & Eck, LLC | 1,352 | $121.4K | 0.01% | +104+8.3% | Added |
| Quent Capital, LLC | 1,331 | $119.5K | 0.01% | +1,331 | New |
| Edmond de Rothschild Holding S.A. | 1,300 | $116.7K | 0.00% | 00.0% | Unchanged |
| POM Investment Strategies, LLC | 1,239 | $111.2K | 0.06% | 00.0% | Unchanged |
| Kerr Financial Planning Corp | 1,490 | $109.6K | 0.15% | +1,490 | New |
| JDM Financial Group LLC | 1,183 | $106.2K | 0.04% | 00.0% | Unchanged |
| Investment Research & Advisory Group, Inc. | 1,274 | $106.1K | 0.04% | +1,062+500.9% | Added |
| Golden State Wealth Management, LLC | 1,180 | $105.9K | 0.01% | 00.0% | Unchanged |
| Tompkins Financial Corp | 1,141 | $102.4K | 0.01% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 1,067 | $95.8K | 0.00% | +712+200.6% | Added |
| MTM Investment Management, LLC | 1,049 | $94.2K | 0.03% | 00.0% | Unchanged |
| Dunhill Financial, LLC | 1,006 | $90.3K | 0.02% | 00.0% | Unchanged |
| Atwood & Palmer Inc | 986 | $88.5K | 0.01% | 00.0% | Unchanged |
| ORG Wealth Partners, LLC | 985 | $88.4K | 0.02% | 00.0% | Unchanged |
| Manchester Capital Management LLC | 980 | $88.0K | 0.01% | 00.0% | Unchanged |
| Creekmur Asset Management LLC | 978 | $87.8K | 0.01% | −200−17.0% | Reduced |
| Brown Brothers Harriman & Co | 971 | $87.2K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 950 | $85.3K | 0.00% | 00.0% | Unchanged |
| BFSG, LLC | 910 | $81.7K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 890 | $79.9K | 0.00% | −120−11.9% | Reduced |
| VSM Wealth Advisory, LLC | 1,966 | $77.0K | 0.02% | +1,639+501.2% | Added |
| Crowley Wealth Management, Inc. | 840 | $75.4K | 0.06% | 00.0% | Unchanged |
| St Germain D J Co Inc | 833 | $74.8K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 796 | $71.5K | 0.00% | +796 | New |
| Essential Partners LLC | 750 | $67.3K | 0.02% | 00.0% | Unchanged |
| Roble, Belko & Company, Inc | 738 | $66.0K | 0.01% | +3+0.4% | Added |
| Wolff Wiese Magana LLC | 723 | $64.9K | 0.04% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 778 | $64.8K | 0.01% | −100−11.4% | Reduced |
| Abich Financial Wealth Management LLC | 722 | $64.8K | 0.02% | +722 | New |
| Redwood Park Advisors LLC | 710 | $63.7K | 0.05% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 704 | $63.2K | 0.00% | +19+2.8% | Added |
| Trust Co | 689 | $61.9K | 0.01% | 00.0% | Unchanged |
| Glen Eagle Advisors, LLC | 677 | $60.8K | 0.01% | 00.0% | Unchanged |
| Bokf, NA | 675 | $60.6K | 0.00% | 00.0% | Unchanged |
| Avion Wealth | 676 | $60.0K | 0.01% | +535+379.4% | Added |
| Creative Financial Designs Inc | 662 | $59.4K | 0.00% | 00.0% | Unchanged |
| Harbor Investment Advisory, LLC | 648 | $58.2K | 0.00% | +22+3.5% | Added |
| Bear Mountain Capital, Inc. | 637 | $55.9K | 0.02% | +111+21.1% | Added |
| Atlantic Union Bankshares Corp | 596 | $53.5K | 0.00% | +100+20.2% | Added |
| Hurley Capital, LLC | 517 | $46.4K | 0.03% | 00.0% | Unchanged |
| Ulland Investment Advisors, LLC | 500 | $45.0K | 0.03% | 00.0% | Unchanged |
| JNBA Financial Advisors | 500 | $44.9K | 0.00% | −1,750−77.8% | Reduced |
| Pension & Wealth Management Advisors, Inc. | 500 | $44.9K | 0.01% | 00.0% | Unchanged |
| DHJJ Financial Advisors, Ltd. | 491 | $44.1K | 0.01% | 00.0% | Unchanged |
| Bullock Wealth Management Group | 478 | $44.1K | 0.02% | +6+1.3% | Added |
| Delta Asset Management LLC | 480 | $43.1K | 0.00% | +100+26.3% | Added |
| Pacific Center for Financial Services | 475 | $42.6K | 0.01% | +55+13.1% | Added |
| Toth Financial Advisory Corp | 440 | $39.5K | 0.00% | 00.0% | Unchanged |
| Westfuller Advisors, LLC | 427 | $38.3K | 0.02% | +427 | New |
| Dixon Mitchell Investment Counsel Inc. | 425 | $38.2K | 0.00% | 00.0% | Unchanged |
| Bartlett & Co. Wealth Management LLC | 415 | $37.3K | 0.00% | 00.0% | Unchanged |
| SWAN Capital LLC | 411 | $36.9K | 0.01% | 00.0% | Unchanged |
| Holos Integrated Wealth LLC | 400 | $36.6K | 0.02% | 00.0% | Unchanged |
| Addison Advisors LLC | 400 | $35.9K | 0.01% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 385 | $34.6K | 0.01% | 00.0% | Unchanged |
| Hollencrest Capital Management | 375 | $33.7K | 0.00% | −650−63.4% | Reduced |
| Strengthening Families & Communities, LLC | 372 | $33.4K | 0.01% | +372 | New |
| GPS Wealth Strategies Group, LLC | 360 | $32.3K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 359 | $32.2K | 0.00% | 00.0% | Unchanged |
| Global Wealth Strategies & Associates | 358 | $32.1K | 0.01% | 00.0% | Unchanged |
| High Note Wealth, LLC | 327 | $29.4K | 0.01% | 00.0% | Unchanged |
| Boyd Watterson Asset Management LLC | 326 | $29.3K | 0.01% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 320 | $28.7K | 0.00% | +320 | New |
| Oakworth Capital, Inc. | 300 | $26.9K | 0.00% | 00.0% | Unchanged |
| Financially Speaking Inc | 275 | $24.7K | 0.02% | 00.0% | Unchanged |
| Brown, Lisle/Cummings, Inc. | 270 | $24.2K | 0.01% | 00.0% | Unchanged |
| Activest Wealth Management | 270 | $24.2K | 0.00% | 00.0% | Unchanged |
| Tradewinds Capital Management, LLC | 269 | $24.1K | 0.01% | 00.0% | Unchanged |