Grayscale Bitcoin Covered Call ETF
BTCC
11 hedge funds and large institutions have $2.83M invested in Grayscale Bitcoin Covered Call ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.
17.8% less ownership
Funds ownership: 35.81% → 18.01% (-18%)
21% less funds holding
Funds holding: 14 → 11 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less capital invested
Capital invested by funds: $8.7M → $2.83M (-$5.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$348K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$251K |
| 3 |
LSA
L & S Advisors
Los Angeles,
California
|
+$75.6K |
| 4 |
Morgan Stanley
New York
|
+$5.51K |
| 5 |
BFP
Birchwood Financial Partners
Bloomington,
Minnesota
|
+$921 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Madden Securities
Dallas,
Texas
|
-$2.65M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.21M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$451K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$339K |
| 5 |
Jane Street
New York
|
-$322K |
BTCC Hedge Fund Activity: Q1 2026 in Review
11 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Covered Call ETF (BTCC) for Q1 2026, worth a combined $2.83M — down 67% from $8.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BTCC and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Exencial Wealth Advisors, opening a new position worth an estimated $348K. The largest seller was Madden Securities, cutting an estimated $2.65M.
- 11 institutional investors held Grayscale Bitcoin Covered Call ETF (BTCC) as of Q1 2026, down from 14 in Q4 2025.
- Funds reported $2.83M of Grayscale Bitcoin Covered Call ETF stock for Q1 2026, down 67% quarter-over-quarter.
- 3 funds opened new Grayscale Bitcoin Covered Call ETF positions in Q1 2026 and 6 closed out, a net change of -3 holders.
- The largest Grayscale Bitcoin Covered Call ETF buyer in Q1 2026 was Exencial Wealth Advisors, an estimated $348K added.
- The largest Grayscale Bitcoin Covered Call ETF seller in Q1 2026 was Madden Securities, an estimated $2.65M sold.
Based on aggregated 13F filings for Q1 2026.