We are live on ! Find out more
BTC

Grayscale Bitcoin Mini Trust ETF

497 hedge funds and large institutions have $1.02B invested in Grayscale Bitcoin Mini Trust ETF in 2025 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 166 increasing their positions, 84 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 37

103% more call options, than puts

Call options by funds: $27M | Put options by funds: $13.4M

98% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 84

32% more capital invested

Capital invested by funds: $776M → $1.02B (+$249M)

9% more funds holding

Funds holding: 457497 (+40)

16.5% less ownership

Funds ownership: 16.5%0% (-16%)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

Holders
497
Holders Change
+40
Holders Change %
+8.75%
% of All Funds
6.52%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.12%
New
86
Increased
166
Reduced
84
Closed
37
Calls
$27M
Puts
$13.4M
Net Calls
+$13.7M
Net Calls Change
-$7.25M
Name Holding Trade Value Shares
Change
Change in
Stake
XT
251
XTX Topco
Cayman Islands
$280K +$281K +5,534 New
DFG
252
Demars Financial Group
Washington
$276K +$276K +5,442 New
CH
253
Canton Hathaway
Rhode Island
$275K
SI
254
Sprott Inc
Ontario, Canada
$272K -$5.07K -100 -2%
LWL
255
Leo Wealth LLC
Texas
$270K +$18.8K +370 +7%
DS
256
DRW Securities
Illinois
$267K +$267K +5,265 New
VF
257
Vista Finance
Missouri
$267K +$268K +5,278 New
MWA
258
Mills Wealth Advisors
Texas
$266K -$203 -4 -0.1%
TPWA
259
TRUE Private Wealth Advisors
Oregon
$265K +$50.8K +1,002 +24%
STA
260
Summit Trail Advisors
New York
$263K -$33.5K -660 -11%
VF
261
Virtu Financial
New York
$257K -$254K -5,004 -50%
SS
262
Sunbelt Securities
Texas
$252K +$209K +4,125 +479%
KFA
263
Kelleher Financial Advisors
New York
$252K +$252K +4,976 New
RMP
264
Richards, Merrill & Peterson
Washington
$250K +$250K +4,937 New
FAM
265
Formidable Asset Management
Ohio
$249K +$264K +5,211 New
FH
266
FWG Holdings
Florida
$248K -$3.09K -61 -1%
TFGT
267
TS Financial Group (TSFG)
Illinois
$248K
PA
268
Procyon Advisors
Connecticut
$246K +$101 +2 +0%
MGIA
269
Moneta Group Investment Advisors
Missouri
$246K -$152 -3 -0.1%
TF
270
Trek Financial
Arizona
$244K +$245K +4,824 New
JWCA
271
J.W. Cole Advisors
Florida
$244K +$244K +4,815 New
FHC
272
First Heartland Consultants
Missouri
$241K +$242K +4,768 New
NL
273
NWAM LLC
Washington
$240K +$1.37K +27 +0.6%
MCM
274
Mainstay Capital Management
Michigan
$238K -$239K -4,709 -50%
WKSWA
275
White Knight Strategic Wealth Advisors
New Jersey
$237K