BTC

Grayscale Bitcoin Mini Trust ETF
BTC

Overview Fund Activity

450 hedge funds and large institutions have $764M invested in Grayscale Bitcoin Mini Trust ETF in 2025 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 131 increasing their positions, 70 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
450
Holders Change
+50
Holders Change %
+12.5%
% of All Funds
6.03%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.15%
New
87
Increased
131
Reduced
70
Closed
28
Calls
$29.9M
Puts
$8.97M
Net Calls
+$20.9M
Net Calls Change
+$13.3M

Top Buyers

1
OCM
Ovata Capital Management
Hong Kong
+$27.1M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$13.4M
3
BHWA
Beacon Harbor Wealth Advisors
Virginia
+$11.4M
4
KC
Kaleidoscope Capital
Massachusetts
+$10.9M
5
HI
HBK Investments
Texas
+$10.8M

Top Sellers

1
DS
DRW Securities
Illinois
-$4.62M
2
GEM
Global Endowment Management
North Carolina
-$1.44M
3
Jane Street
Jane Street
New York
-$1,000K
4
VF
Virtu Financial
New York
-$706K
5
G
Gainplan
Michigan
-$648K
Name Holding Trade Value Shares
Change 		Shares
Change %
HKAM
1
Horizon Kinetics Asset Management
New York
$147M +$560K +11,733 +0.4%
Millennium Management
2
Millennium Management
New York
$95.5M +$9.78M +204,785 +11%
SDH
3
Sloy Dahl & Holst
Washington
$31.3M +$802K +16,798 +3%
OCM
4
Ovata Capital Management
Hong Kong
$27.1M +$27.1M +567,872 New
EU
5
Emory University
Georgia
$25.6M – – –
PC
6
ParaFi Capital
New York
$24.8M +$4.78M +100,000 +24%
KC
7
Kaleidoscope Capital
Massachusetts
$24.2M +$10.9M +227,405 +82%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$17.1M +$13.4M +280,895 +359%
HighTower Advisors
9
HighTower Advisors
Illinois
$14.5M +$501K +10,489 +4%
TI
10
Tidal Investments
Wisconsin
$14.2M +$439K +9,197 +3%
MCM
11
Multicoin Capital Management
Texas
$12.6M – – –
BHWA
12
Beacon Harbor Wealth Advisors
Virginia
$11.4M +$11.4M +238,189 New
Jane Street
13
Jane Street
New York
$11.1M -$1,000K -20,937 -8%
HI
14
HBK Investments
Texas
$10.8M +$10.8M +226,705 New
ECM
15
EagleClaw Capital Management
Massachusetts
$10.3M +$291K +6,084 +3%
LPL Financial
16
LPL Financial
California
$9.22M +$298K +6,231 +3%
RWP
17
Reliant Wealth Planning
Kentucky
$8.06M +$806K +16,870 +11%
PPW
18
Pasadena Private Wealth
California
$7.99M +$4.25M +89,029 +114%
MC
19
Moors & Cabot
Massachusetts
$6.75M +$130K +2,724 +2%
EC
20
Elequin Capital
New York
$6.49M +$6.45M +135,156 +17,598%
HWM
21
HFG Wealth Management
Texas
$6.4M -$152K -4,163 -2%
OCPWS
22
One Charles Private Wealth Services
Massachusetts
$5.62M +$212K +4,430 +4%
BFA
23
Beaumont Financial Advisors
Massachusetts
$5.57M -$216K -4,516 -4%
MML Investors Services
24
MML Investors Services
Massachusetts
$5.48M +$1.06M +22,221 +24%
Mariner
25
Mariner
Kansas
$5.47M +$595K +12,459 +12%
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