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 |
|---|---|---|---|---|---|
| AE Wealth Management LLC | 15,937 | $1.09M | 0.01% | −625−3.8% | Reduced |
| Formidable Asset Management, LLC | 12,040 | $1.08M | 0.16% | −795−6.2% | Reduced |
| Exit Wealth Advisors, LLC. | 15,706 | $1.07M | 0.63% | −1,353−7.9% | Reduced |
| Childress Capital Advisors, LLC | 15,614 | $1.07M | 0.17% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 15,577 | $1.06M | 0.01% | −5,235−25.2% | Reduced |
| Gables Capital Management Inc. | 15,495 | $1.06M | 0.45% | +2,500+19.2% | Added |
| Copia Wealth Management | 15,292 | $1.05M | 0.75% | −422−2.7% | Reduced |
| NorthRock Partners, LLC | 15,153 | $1.04M | 0.02% | +109+0.7% | Added |
| Regions Financial Corp | 15,049 | $1.03M | 0.01% | +632+4.4% | Added |
| Midwest Trust Co | 14,754 | $1.01M | 0.01% | 00.0% | Unchanged |
| Curran Financial Partners, LLC | 14,574 | $996.3K | 0.19% | −664−4.4% | Reduced |
| Quadrant Private Wealth Management, LLC | 14,550 | $994.6K | 0.16% | +703+5.1% | Added |
| Pilgrim Partners Asia Pte Ltd | 14,500 | $991.2K | 0.48% | 00.0% | Unchanged |
| Rothschild Investment LLC | 14,490 | $990.5K | 0.05% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 14,369 | $982.3K | 0.02% | −51−0.4% | Reduced |
| Ameritas Advisory Services, LLC | 14,340 | $980.3K | 0.04% | +2,404+20.1% | Added |
| Mills Wealth Advisors LLC | 14,315 | $978.6K | 0.39% | −31−0.2% | Reduced |
| Integrity Alliance, LLC. | 14,222 | $972.2K | 0.04% | +9,063+175.7% | Added |
| Aptus Capital Advisors, LLC | 13,958 | $954.2K | 0.01% | +85+0.6% | Added |
| Bank of Montreal | 13,939 | $952.9K | 0.00% | +2,989+27.3% | Added |
| SevenBridge Financial Group, LLC | 13,826 | $944.5K | 0.15% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 13,727 | $938.4K | 0.02% | −440−3.1% | Reduced |
| Aries Wealth Management | 13,720 | $937.9K | 0.21% | −825−5.7% | Reduced |
| Fortis Capital Management LLC | 13,711 | $937.3K | 0.12% | +2,266+19.8% | Added |
| Malaga Cove Capital, LLC | 13,659 | $933.7K | 0.32% | 00.0% | Unchanged |
| Citizens Financial Group Inc | 13,547 | $926.1K | 0.01% | +10,750+384.3% | Added |
| Cherrydale Wealth Management, LLC | 13,531 | $925.0K | 0.28% | 00.0% | Unchanged |
| Hartmann Taylor Wealth Management, LLC | 13,455 | $919.8K | 0.62% | +11,000+448.1% | Added |
| Chicago Partners Investment Group LLC | 13,051 | $911.2K | 0.02% | +606+4.9% | Added |
| Maridea Wealth Management LLC | 13,272 | $907.3K | 0.14% | −8,000−37.6% | Reduced |
| Deltec Asset Management LLC | 13,250 | $905.8K | 0.15% | 00.0% | Unchanged |
| BlackRock, Inc. | 13,220 | $903.7K | 0.00% | 00.0% | Unchanged |
| NavPoint Financial, Inc. | 13,200 | $902.4K | 0.39% | +10,600+407.7% | Added |
| Change Path, LLC | 12,998 | $888.5K | 0.02% | −3,802−22.6% | Reduced |
| National Philanthropic Trust | 12,889 | $881.1K | 0.01% | +500+4.0% | Added |
| Prime Capital Investment Advisors, LLC | 12,863 | $879.3K | 0.01% | −3,919−23.4% | Reduced |
| Wealth Alliance Advisory Group, LLC | 12,744 | $871.2K | 0.15% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 12,739 | $870.8K | 0.07% | +1,687+15.3% | Added |
| Embree Financial Group | 12,687 | $867.3K | 0.11% | +1,050+9.0% | Added |
| Aspen Grove Capital, LLC | 12,655 | $865.1K | 0.15% | 00.0% | Unchanged |
| Schneider Downs Wealth Management Advisors, LP | 12,429 | $849.6K | 0.10% | +1,244+11.1% | Added |
| Western Wealth Management, LLC | 12,320 | $842.2K | 0.04% | +1,652+15.5% | Added |
| Fund Advisors of America Inc | 12,160 | $831.3K | 0.76% | +12,160 | New |
| Berger Financial Group, Inc | 11,925 | $815.2K | 0.05% | −2,143−15.2% | Reduced |
| Dakota Wealth Management | 11,922 | $815.0K | 0.01% | −9−0.1% | Reduced |
| Independent Advisor Alliance | 11,851 | $810.1K | 0.02% | −2,236−15.9% | Reduced |
| Edge Financial Advisors LLC | 11,820 | $808.0K | 0.34% | 00.0% | Unchanged |
| Vista Finance, LLC | 11,793 | $806.2K | 0.54% | −1,194−9.2% | Reduced |
| Plancorp, LLC | 11,726 | $801.6K | 0.02% | 00.0% | Unchanged |
| Insigneo Advisory Services, LLC | 11,633 | $795.2K | 0.06% | −3,809−24.7% | Reduced |
| Howland Capital Management LLC | 11,600 | $793.0K | 0.03% | 00.0% | Unchanged |
| Pinnacle Associates Ltd | 11,461 | $783.5K | 0.01% | −2,055−15.2% | Reduced |
| Essex Financial Services, Inc. | 11,319 | $773.8K | 0.04% | 00.0% | Unchanged |
| Modern Wealth Management, LLC | 11,225 | $767.3K | 0.01% | −2,020−15.3% | Reduced |
| Smith, Moore & Co. | 11,216 | $766.7K | 0.06% | +2,160+23.9% | Added |
| Diversified Management Inc | 11,193 | $765.2K | 0.18% | +11,193 | New |
| Clearstead Advisors, LLC | 11,175 | $763.9K | 0.01% | 00.0% | Unchanged |
| PFG Investments, LLC | 11,171 | $763.6K | 0.04% | −1,412−11.2% | Reduced |
| Peapack Gladstone Financial Corp | 11,010 | $753.0K | 0.01% | −500−4.3% | Reduced |
| Axxcess Wealth Management, LLC | 11,005 | $752.3K | 0.01% | +3,134+39.8% | Added |
| Smartleaf Asset Management LLC | 10,910 | $748.5K | 0.03% | +10,894+68,087.5% | Added |
| Capital Performance Advisors LLP | 10,894 | $744.7K | 0.05% | −73−0.7% | Reduced |
| 180 Wealth Advisors, LLC | 10,879 | $743.7K | 0.08% | −4,484−29.2% | Reduced |
| Ritholtz Wealth Management | 10,788 | $737.5K | 0.01% | +32+0.3% | Added |
| Iridian Asset Management LLC | 10,559 | $721.8K | 0.27% | 00.0% | Unchanged |
| Coppell Advisory Solutions LLC | 10,467 | $718.1K | 0.07% | −1,340−11.3% | Reduced |
| Sage Investment Advisers LLC | 10,500 | $717.8K | 0.54% | +10,500 | New |
| Optiver Holding B.V. | 10,303 | $704.3K | 0.01% | +10,303 | New |
| Spectrum Planning & Advisory Services Inc. | 10,289 | $703.4K | 0.36% | 00.0% | Unchanged |
| Chevy Chase Trust Holdings, Inc. | 10,182 | $696.0K | 0.00% | −40.0% | Reduced |
| Keystone Global Partners, LLC | 10,147 | $693.6K | 0.31% | 00.0% | Unchanged |
| M Holdings Securities, Inc. | 10,131 | $693.0K | 0.05% | +10,131 | New |
| Fiduciary Financial Group, LLC | 10,123 | $692.0K | 0.10% | −51−0.5% | Reduced |
| Stephen J. Garry & Associates, LLC | 10,116 | $691.5K | 0.55% | 00.0% | Unchanged |
| New Republic Capital, LLC | 10,040 | $686.3K | 0.18% | 00.0% | Unchanged |
| Oxbow Advisors, LLC | 10,000 | $683.6K | 0.06% | 00.0% | Unchanged |
| Glaxis Capital Management, LLC | 10,000 | $683.6K | 1.17% | +10,000 | New |
| Signaturefd, LLC | 9,922 | $678.3K | 0.01% | 00.0% | Unchanged |
| Bryn Mawr Trust Co | 9,870 | $674.7K | 0.02% | 00.0% | Unchanged |
| Traynor Capital Management, Inc. | 9,817 | $671.1K | 0.04% | +1,185+13.7% | Added |
| Clearwater Capital Advisors, LLC | 9,773 | $668.1K | 0.06% | 00.0% | Unchanged |
| Montz Harcus Wealth Management LLC | 9,741 | $665.9K | 0.27% | 00.0% | Unchanged |
| Belpointe Asset Management LLC | 9,737 | $665.6K | 0.02% | −5,574−36.4% | Reduced |
| Dynamic Advisor Solutions LLC | 9,715 | $664.1K | 0.02% | −38−0.4% | Reduced |
| Westmount Partners, LLC | 9,686 | $662.1K | 0.17% | +1,703+21.3% | Added |
| Global Assets Advisory, LLC | 9,659 | $660.3K | 0.19% | +1,056+12.3% | Added |
| Secure Asset Management, LLC | 9,590 | $655.6K | 0.10% | +2,170+29.2% | Added |
| United Advisor Group, LLC | 9,516 | $650.5K | 0.08% | 00.0% | Unchanged |
| Insight Advisors, LLC | 9,418 | $643.8K | 0.10% | 00.0% | Unchanged |
| EP Wealth Advisors, LLC | 9,220 | $630.3K | 0.00% | +9,220 | New |
| SRS Capital Advisors, Inc. | 9,154 | $625.8K | 0.02% | −4,146−31.2% | Reduced |
| Doliver Advisors, LP | 9,143 | $625.0K | 0.16% | −2,973−24.5% | Reduced |
| Garde Capital, Inc. | 9,137 | $624.6K | 0.04% | +3,200+53.9% | Added |
| Centaurus Financial, Inc. | 9,125 | $624.0K | 0.03% | +1,019+12.6% | Added |
| Capstone Capital Management Ltd | 8,907 | $608.9K | 0.58% | +8,907 | New |
| Mission Wealth Management, LP | 8,773 | $599.7K | 0.01% | −36−0.4% | Reduced |
| Richards, Merrill & Peterson, Inc. | 8,698 | $594.6K | 0.23% | −1,431−14.1% | Reduced |
| Henrickson Nauta Wealth Advisors, Inc. | 8,188 | $591.2K | 0.09% | +4,547+124.9% | Added |
| Westco Advisory Services Inc | 8,648 | $591.2K | 0.36% | +8,648 | New |
| Thrivent Financial for Lutherans | 8,596 | $589.0K | 0.00% | +4,216+96.3% | Added |