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, Q4 2025
Institutional positions in Grayscale Bitcoin Trust ETF as of Dec 31, 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
- 740
- −29 vs. Q3 2025
- Shares held
- 32.8M
- −720.7K (−2.1%) vs. Q3 2025
- Total value
- $2.25B
- −$759.2M (−25.2%) vs. Q3 2025
- New holders
- 91
- 163 more added
- Sold out
- 120
- 236 more reduced
18 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Grayscale Bitcoin Trust ETF; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Prosperity Financial Group, Inc. | 39,055 | $2.67M | 0.96% | −1,985−4.8% | Reduced |
| Captrust Financial Advisors | 38,536 | $2.63M | 0.01% | −698−1.8% | Reduced |
| Cyndeo Wealth Partners, LLC | 37,739 | $2.58M | 0.14% | +582+1.6% | Added |
| Visionary Wealth Advisors | 36,811 | $2.52M | 0.11% | −1,631−4.2% | Reduced |
| TigerOak Management, L.L.C. | 36,432 | $2.49M | 0.76% | −143−0.4% | Reduced |
| United Capital Financial Advisers, LLC | 35,561 | $2.43M | 0.01% | +9,519+36.6% | Added |
| Prosperity Wealth Management, Inc. | 35,492 | $2.43M | 0.81% | +9,404+36.0% | Added |
| Sprott Inc. | 35,438 | $2.42M | 0.09% | +1,183+3.5% | Added |
| Fiduciary Trust Co | 35,115 | $2.40M | 0.03% | −37,035−51.3% | Reduced |
| ACT Capital Management, LLC | 34,400 | $2.35M | 1.90% | +34,400 | New |
| Sowell Financial Services LLC | 33,490 | $2.29M | 0.08% | −805−2.3% | Reduced |
| Private Advisor Group, LLC | 33,298 | $2.28M | 0.01% | −3,543−9.6% | Reduced |
| Compass Ion Advisors, LLC | 33,282 | $2.28M | 0.22% | −743−2.2% | Reduced |
| Interchange Capital Partners, LLC | 33,182 | $2.27M | 0.42% | −2,031−5.8% | Reduced |
| National Asset Management, Inc. | 33,038 | $2.26M | 0.11% | +575+1.8% | Added |
| PYA Waltman Capital, LLC | 33,010 | $2.26M | 0.61% | −2,334−6.6% | Reduced |
| Warren Averett Asset Management, LLC | 32,813 | $2.24M | 0.02% | −958−2.8% | Reduced |
| Pathstone Holdings, LLC | 32,247 | $2.20M | 0.01% | −5,884−15.4% | Reduced |
| McKinley Carter Wealth Services, Inc. | 32,107 | $2.19M | 0.12% | 00.0% | Unchanged |
| RMB Capital Management, LLC | 31,133 | $2.13M | 0.04% | +1,385+4.7% | Added |
| McRae Capital Management Inc | 30,940 | $2.12M | 0.43% | 00.0% | Unchanged |
| Truist Financial Corp | 30,737 | $2.10M | 0.00% | +2,061+7.2% | Added |
| NBC Securities, Inc. | 30,595 | $2.09M | 0.16% | −300−1.0% | Reduced |
| Flow Traders U.S. LLC | 30,363 | $2.08M | 0.07% | +30,363 | New |
| WealthPlan Investment Management, LLC | 29,311 | $2.00M | 0.13% | −2,833−8.8% | Reduced |
| Benson Wealth Management INC | 29,272 | $2.00M | 2.23% | +29,272 | New |
| Stifel Financial Corp | 28,792 | $1.97M | 0.00% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 28,705 | $1.96M | 0.05% | +4,986+21.0% | Added |
| MAI Capital Management | 28,026 | $1.92M | 0.01% | +5,331+23.5% | Added |
| Finer Wealth Management, Inc. | 27,871 | $1.91M | 0.92% | −781−2.7% | Reduced |
| SJS Investment Consulting Inc. | 27,578 | $1.89M | 0.24% | +130.0% | Added |
| Osbon Capital Management LLC | 27,485 | $1.88M | 1.76% | +27,485 | New |
| Diligent Investors, LLC | 27,421 | $1.87M | 0.46% | −526−1.9% | Reduced |
| Cura Wealth Advisors, LLC | 27,390 | $1.87M | 0.71% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 27,281 | $1.86M | 0.00% | +2,500+10.1% | Added |
| Financial Engines Advisors L.L.C. | 27,216 | $1.86M | 0.00% | −4,362−13.8% | Reduced |
| Canton Hathaway, LLC | 27,200 | $1.86M | 0.36% | 00.0% | Unchanged |
| Illumine Investment Management, LLC | 27,085 | $1.85M | 1.35% | −20−0.1% | Reduced |
| Steward Partners Investment Advisory, LLC | 26,910 | $1.84M | 0.01% | −738−2.7% | Reduced |
| Carnegie Capital Asset Management, LLC | 25,058 | $1.71M | 0.03% | −6,575−20.8% | Reduced |
| Headinvest, LLC | 25,000 | $1.71M | 0.34% | +25,000 | New |
| Fortem Financial Group, LLC | 24,657 | $1.69M | 0.45% | 00.0% | Unchanged |
| TSFG, LLC | 24,592 | $1.68M | 0.25% | −25−0.1% | Reduced |
| Sapient Capital LLC | 24,487 | $1.68M | 0.02% | −10.0% | Reduced |
| Seal Cove Capital, LLC | 24,516 | $1.68M | 1.56% | +24,516 | New |
| Epiq Partners, LLC | 24,100 | $1.65M | 0.77% | −950−3.8% | Reduced |
| Mainstay Capital Management LLC | 24,048 | $1.64M | 0.13% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 23,830 | $1.63M | 0.02% | −13,355−35.9% | Reduced |
| Abacus Planning Group, Inc. | 23,738 | $1.62M | 0.22% | 00.0% | Unchanged |
| White Knight Strategic Wealth Advisors, LLC | 23,579 | $1.61M | 1.18% | −100.0% | Reduced |
| Spire Wealth Management | 23,280 | $1.59M | 0.05% | −1,181−4.8% | Reduced |
| Jane Street Group, LLC | 23,141 | $1.58M | 0.00% | −221,797−90.6% | Reduced |
| Wedbush Securities Inc | 23,006 | $1.57M | 0.05% | +4,081+21.6% | Added |
| Quadcap Wealth Management, LLC | 22,963 | $1.57M | 0.18% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 22,789 | $1.56M | 0.05% | +391+1.7% | Added |
| Nwam LLC | 22,676 | $1.55M | 0.09% | −77−0.3% | Reduced |
| RSM US Wealth Management LLC | 22,564 | $1.55M | 0.02% | −774−3.3% | Reduced |
| Jaffetilchin Investment Partners, LLC | 22,636 | $1.55M | 0.09% | −290−1.3% | Reduced |
| Beacon Pointe Advisors, LLC | 22,546 | $1.54M | 0.01% | +623+2.8% | Added |
| Financial Management Professionals, Inc. | 22,417 | $1.53M | 0.16% | −125−0.6% | Reduced |
| Aurora Private Wealth, Inc. | 22,401 | $1.53M | 1.01% | +22,401 | New |
| Prairie Wealth Advisors, Inc. | 0 | $1.53M | 0.65% | −21,953−100.0% | Reduced |
| CRA Financial Services, LLC | 22,305 | $1.52M | 0.20% | −1,548−6.5% | Reduced |
| TRUE Private Wealth Advisors | 22,117 | $1.51M | 0.15% | −40−0.2% | Reduced |
| Integrated Advisors Network LLC | 22,003 | $1.50M | 0.07% | −7,501−25.4% | Reduced |
| Alamea Verwaltungs GmbH | 22,446 | $1.50M | 1.01% | 00.0% | Unchanged |
| Philadelphia Trust Co | 21,620 | $1.48M | 0.10% | 00.0% | Unchanged |
| Sanctuary Advisors, LLC | 21,129 | $1.44M | 0.01% | −2,802−11.7% | Reduced |
| Grimes & Company, Inc. | 21,076 | $1.44M | 0.03% | −4,849−18.7% | Reduced |
| Upper Left Wealth Management, LLC | 20,957 | $1.43M | 0.87% | +26+0.1% | Added |
| Perigon Wealth Management, LLC | 20,946 | $1.43M | 0.03% | +298+1.4% | Added |
| Pallas Capital Advisors LLC | 20,615 | $1.41M | 0.05% | 00.0% | Unchanged |
| Joseph P. Lucia & Associates, LLC | 20,526 | $1.40M | 0.51% | −214−1.0% | Reduced |
| Pinnacle Financial Partners, Inc. | 20,180 | $1.38M | 0.01% | +20,180 | New |
| SeaCrest Wealth Management, LLC | 19,335 | $1.37M | 0.14% | −1,248−6.1% | Reduced |
| Evolution Wealth Advisors, LLC | 19,881 | $1.36M | 0.14% | +19,881 | New |
| Soltis Investment Advisors LLC | 19,519 | $1.33M | 0.09% | −908−4.4% | Reduced |
| Ballast Financial Advisors LLC | 19,161 | $1.31M | 1.35% | +19,161 | New |
| Almanack Investment Partners, LLC. | 19,086 | $1.30M | 0.22% | 00.0% | Unchanged |
| Moneta Group Investment Advisors LLC | 19,070 | $1.30M | 0.01% | −2,352−11.0% | Reduced |
| Stansberry Asset Management, LLC | 19,009 | $1.30M | 0.13% | −518−2.7% | Reduced |
| Pine Valley Investments Ltd Liability Co | 18,967 | $1.30M | 0.06% | +1,273+7.2% | Added |
| OakTrust Wealth Advisors, LLC | 18,627 | $1.27M | 1.17% | +18,627 | New |
| Royal Bank of Canada | 18,444 | $1.26M | 0.00% | −48,145−72.3% | Reduced |
| Integras Partners LLC | 18,455 | $1.26M | 1.02% | +58+0.3% | Added |
| Ronald Blue Trust, Inc. | 18,235 | $1.25M | 0.01% | +1,546+9.3% | Added |
| Angeles Wealth Management, LLC | 18,148 | $1.24M | 0.07% | −500−2.7% | Reduced |
| Steel Peak Wealth Management LLC | 18,064 | $1.23M | 0.04% | +4,719+35.4% | Added |
| Matauro, LLC | 17,797 | $1.22M | 0.18% | −1,180−6.2% | Reduced |
| Adviser Investments LLC | 17,318 | $1.18M | 0.01% | −110−0.6% | Reduced |
| Milestone Asset Management Group, LLC | 17,294 | $1.18M | 0.67% | −394−2.2% | Reduced |
| HCR Wealth Advisors | 17,279 | $1.18M | 0.12% | −33−0.2% | Reduced |
| Prospera Financial Services Inc | 17,190 | $1.18M | 0.02% | −260−1.5% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 16,689 | $1.14M | 0.01% | +4,880+41.3% | Added |
| WCG Wealth Advisors LLC | 16,529 | $1.13M | 0.03% | +16,529 | New |
| VestGen Advisors, LLC | 16,398 | $1.12M | 0.05% | +1,631+11.0% | Added |
| Ethos Financial Group, LLC | 16,310 | $1.11M | 0.08% | −36,902−69.3% | Reduced |
| CWM, LLC | 16,199 | $1.11M | 0.00% | +3,628+28.9% | Added |
| Cary Street Partners Financial LLC | 16,117 | $1.10M | 0.03% | +335+2.1% | Added |
| TCG Advisory Services, LLC | 16,047 | $1.10M | 0.03% | −139−0.9% | Reduced |