We are live on ! Find out more
BTC

Grayscale Bitcoin Mini Trust ETF

512 hedge funds and large institutions have $957M invested in Grayscale Bitcoin Mini Trust ETF in 2025 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 166 increasing their positions, 114 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $27.1M | Put options by funds: $12.4M

46% more repeat investments, than reductions

Existing positions increased: 166 | Existing positions reduced: 114

39% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 61

33% more funds holding in top 10

Funds holding in top 10: 912 (+3)

3% more funds holding

Funds holding: 497512 (+15)

7% less capital invested

Capital invested by funds: $1.02B → $957M (-$67.8M)

Holders
512
Holders Change
+15
Holders Change %
+3.02%
% of All Funds
6.23%
Holding in Top 10
12
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+33.33%
% of All Funds
0.15%
New
85
Increased
166
Reduced
114
Closed
61
Calls
$27.1M
Puts
$12.4M
Net Calls
+$14.8M
Net Calls Change
+$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
1
Millennium Management
New York
$123M +$29.6M +667,553 +27%
HKAM
2
Horizon Kinetics Asset Management
New York
$116M -$151K -3,407 -0.1%
Wells Fargo
3
Wells Fargo
California
$57M +$39.9M +900,987 +158%
Jane Street
4
Jane Street
New York
$55.1M +$60.5M +1,364,947 +2,328%
SPIA
5
Steward Partners Investment Advisory
New York
$50.2M +$9.76M +220,174 +20%
EU
6
Emory University
Georgia
$39.6M
SDH
7
Sloy Dahl & Holst
Washington
$31.3M +$5.88M +132,586 +20%
PA
8
Paragon Advisors
Texas
$25.9M +$29.6M +669,058 New
SW
9
SteelPeak Wealth
California
$23.2M -$116K -2,607 -0.4%
PC
10
ParaFi Capital
New York
$20.1M
KC
11
Kaleidoscope Capital
Massachusetts
$17.7M -$3.82M -86,255 -16%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$16.2M +$16.4M +369,361 +739%
HighTower Advisors
13
HighTower Advisors
Illinois
$13.5M +$1.31M +29,666 +9%
PPW
14
Pasadena Private Wealth
California
$12M +$3.96M +89,354 +40%
ECM
15
EagleClaw Capital Management
Massachusetts
$11.7M +$181K +4,080 +1%
MCM
16
Multicoin Capital Management
Texas
$10.2M
LPL Financial
17
LPL Financial
California
$7.79M +$427K +9,644 +5%
RA
18
Riversedge Advisors
Delaware
$7.61M -$1.32M -29,708 -13%
AssetMark Inc
19
AssetMark Inc
California
$7.3M +$8.35M +188,468 +448,733%
MML Investors Services
20
MML Investors Services
Massachusetts
$7.17M +$2.33M +52,496 +40%
Mariner
21
Mariner
Kansas
$6.99M +$1.39M +31,337 +21%
RWP
22
Reliant Wealth Planning
Kentucky
$6.41M -$187K -4,224 -2%
HWM
23
HFG Wealth Management
Texas
$6.17M +$481K +10,849 +7%
MC
24
Moors & Cabot
Massachusetts
$5.89M +$149K +3,368 +2%
AA
25
Apriem Advisors
California
$5.64M +$4.15M +93,713 +180%