Grayscale Bitcoin Mini Trust ETF
378 hedge funds and large institutions have $579M invested in Grayscale Bitcoin Mini Trust ETF in 2024 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 101 increasing their positions, 97 reducing their positions, and 136 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
65% more capital invested
Capital invested by funds: $351M → $579M (+$228M)
61% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $6.56M
12.72% more ownership
Funds ownership: 3.27% → 16% (+13%)
4% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 97
9% less funds holding
Funds holding: 415 → 378 (-37)
21% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 136
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.9M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$15.3M |
| 3 |
HHGC
Hunting Hill Global Capital
New York
|
+$4.76M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.44M |
| 5 |
JAM
JW Asset Management
Miami Beach,
Florida
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$38M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.8M |
| 3 |
Goldman Sachs
New York
|
-$3.85M |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$1.01M |
| 5 |
AWP
Atlas Wealth Partners
Wyomissing,
Pennsylvania
|
-$867K |
BTC Hedge Fund Activity: Q4 2024 in Review
378 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Mini Trust ETF (BTC) for Q4 2024, worth a combined $579M — up 65% from $351M a quarter earlier.
Sellers outnumbered buyers: 136 funds closed out of BTC and 108 opened new positions — a net loss of 28 holders — while 97 trimmed existing stakes and 101 added.
The largest buyer was Millennium Management, adding an estimated $19.9M. The largest seller was Jane Street, cutting an estimated $38M.
- 378 institutional investors held Grayscale Bitcoin Mini Trust ETF (BTC) as of Q4 2024, down from 415 in Q3 2024.
- Funds reported $579M of Grayscale Bitcoin Mini Trust ETF stock for Q4 2024, up 65% quarter-over-quarter.
- 108 funds opened new Grayscale Bitcoin Mini Trust ETF positions in Q4 2024 and 136 closed out, a net change of -28 holders.
- The largest Grayscale Bitcoin Mini Trust ETF buyer in Q4 2024 was Millennium Management, an estimated $19.9M added.
- The largest Grayscale Bitcoin Mini Trust ETF seller in Q4 2024 was Jane Street, an estimated $38M sold.
Based on aggregated 13F filings for Q4 2024.