Grayscale Bitcoin Covered Call ETF
BTCC
12 hedge funds and large institutions have $13.4M invested in Grayscale Bitcoin Covered Call ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and closing their positions.
1,360% more capital invested
Capital invested by funds: $918K → $13.4M (+$12.5M)
200% more funds holding
Funds holding: 4 → 12 (+8)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
24.93% more ownership
Funds ownership: 11.68% → 36.62% (+25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Madden Securities
Dallas,
Texas
|
+$11.8M |
| 2 |
Jane Street
New York
|
+$886K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$441K |
| 4 |
LSA
L & S Advisors
Los Angeles,
California
|
+$394K |
| 5 |
HF
HRT Financial
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MS
1
Madden Securities
Dallas,
Texas
| $10.6M | +$11.8M | +342,587 | New |
|
|
2
Jane Street
New York
| $797K | +$886K | +25,694 | New |
|
|
3
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $397K | +$441K | +12,803 | New |
|
|
OMC
4
Old Mission Capital
Chicago,
Illinois
| $371K | -$124K | -3,594 | -23% |
|
|
PPW
5
Pasadena Private Wealth
Pasadena,
California
| $363K | +$95K | +2,756 | +31% |
|
|
LSA
6
L & S Advisors
Los Angeles,
California
| $354K | +$394K | +11,418 | New |
|
|
HF
7
HRT Financial
New York
| $207K | +$230K | +6,681 | New |
|
8
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $104K | +$98.2K | +2,847 | +549% |
|
|
UIA
9
Ulland Investment Advisors
Minneapolis,
Minnesota
| $84K | +$68.9K | +1,999 | +285% |
|
10
UBS Group
Zurich,
Switzerland
| $55.2K | +$61.3K | +1,779 | New |
|
|
SWP
11
Strategic Wealth Partners
Independence,
Ohio
| $42.3K | +$47.1K | +1,365 | New |
|
12
Osaic Holdings
Scottsdale,
Arizona
| $1.41K | +$1.55K | +45 | New |
|
BTCC Hedge Fund Activity: Q3 2025 in Review
12 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Grayscale Bitcoin Covered Call ETF (BTCC) for Q3 2025, worth a combined $13.4M — up 1,360% from $918K a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BTCC positions and 0 closed out — a net gain of 8 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Madden Securities, opening a new position worth an estimated $11.8M. The largest seller was Old Mission Capital, cutting an estimated $124K.
- 12 institutional investors held Grayscale Bitcoin Covered Call ETF (BTCC) as of Q3 2025, up from 4 in Q2 2025.
- Funds reported $13.4M of Grayscale Bitcoin Covered Call ETF stock for Q3 2025, up 1,360% quarter-over-quarter.
- 8 funds opened new Grayscale Bitcoin Covered Call ETF positions in Q3 2025 and 0 closed out, a net change of +8 holders.
- The largest Grayscale Bitcoin Covered Call ETF buyer in Q3 2025 was Madden Securities, an estimated $11.8M added.
- The largest Grayscale Bitcoin Covered Call ETF seller in Q3 2025 was Old Mission Capital, an estimated $124K sold.
Based on aggregated 13F filings for Q3 2025.