Grayscale Bitcoin Adopters ETF
BCOR
3 hedge funds and large institutions have $1.04M invested in Grayscale Bitcoin Adopters ETF in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
7.12% more ownership
Funds ownership: 24.53% → 31.64% (+7.1%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
6% less capital invested
Capital invested by funds: $1.11M → $1.04M (-$65.5K)
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$363K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$341K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$55.2K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.4K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$2.26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GS
1
GTS Securities
New York
| $597K | +$363K | +11,898 | +102% |
|
|
KA
2
Kovack Advisors
Ft. Lauderdale,
Florida
| $237K | +$285K | +9,339 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $210K | -$55.2K | -1,811 | -18% |
|
|
4
Jane Street
New York
| – | -$341K | -9,809 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$10.4K | -298 | Closed |
|
|
GRP
6
Global Retirement Partners
San Rafael,
California
| – | -$2.26K | -65 | Closed |
|
BCOR Hedge Fund Activity: Q4 2025 in Review
3 of the 8,238 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Adopters ETF (BCOR) for Q4 2025, worth a combined $1.04M — down 5.9% from $1.11M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BCOR and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was GTS Securities, adding an estimated $363K. The largest seller was Jane Street, exiting entirely with an estimated $341K sold.
- 3 institutional investors held Grayscale Bitcoin Adopters ETF (BCOR) as of Q4 2025, down from 5 in Q3 2025.
- Funds reported $1.04M of Grayscale Bitcoin Adopters ETF stock for Q4 2025, down 5.9% quarter-over-quarter.
- 1 fund opened new Grayscale Bitcoin Adopters ETF positions in Q4 2025 and 3 closed out, a net change of -2 holders.
- The largest Grayscale Bitcoin Adopters ETF buyer in Q4 2025 was GTS Securities, an estimated $363K added.
- The largest Grayscale Bitcoin Adopters ETF seller in Q4 2025 was Jane Street, an estimated $341K sold.
Based on aggregated 13F filings for Q4 2025.