Grayscale Bitcoin Mini Trust ETF
380 hedge funds and large institutions have $580M invested in Grayscale Bitcoin Mini Trust ETF in 2024 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 101 increasing their positions, 98 reducing their positions, and 136 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
88% more capital inflows, than outflows
Capital inflows: $123M | Capital outflows: $65.5M
61% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $6.56M
3% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 98
0.35% less ownership
Funds ownership: 16.37% → 16.02% (-0.35%)
9% less funds holding
Funds holding: 416 → 380 (-36)
20% less first-time investments, than exits
New positions opened: 109 | 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 |
Sequoia Financial Advisors
Akron,
Ohio
|
-$1.01M |
| 5 |
AWP
Atlas Wealth Partners
Wyomissing,
Pennsylvania
|
-$867K |
BTC Hedge Fund Activity: Q4 2024 in Review
380 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Mini Trust ETF (BTC) for Q4 2024, worth a combined $580M — up 65% from $351M a quarter earlier.
Sellers outnumbered buyers: 136 funds closed out of BTC and 109 opened new positions — a net loss of 27 holders — while 98 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.
- 380 institutional investors held Grayscale Bitcoin Mini Trust ETF (BTC) as of Q4 2024, down from 416 in Q3 2024.
- Funds reported $580M of Grayscale Bitcoin Mini Trust ETF stock for Q4 2024, up 65% quarter-over-quarter.
- 109 funds opened new Grayscale Bitcoin Mini Trust ETF positions in Q4 2024 and 136 closed out, a net change of -27 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.