Bitcoin Depot
BTM was delisted on the 22nd of May, 2026.
51 hedge funds and large institutions have $39.4M invested in Bitcoin Depot in 2025 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 8 closing their positions.
371% more call options, than puts
Call options by funds: $4.7M | Put options by funds: $998K
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
269% more capital invested
Capital invested by funds: $10.7M → $39.4M (+$28.8M)
104% more funds holding
Funds holding: 25 → 51 (+26)
0.09% more ownership
Funds ownership: 4.72% → 4.81% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$2.45M |
| 2 |
Renaissance Technologies
New York
|
+$2.19M |
| 3 |
Morgan Stanley
New York
|
+$1.05M |
| 4 |
WCP
Welch Capital Partners
Harrison,
New York
|
+$968K |
| 5 |
Two Sigma Investments
New York
|
+$776K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.13M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.15M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$1.08M |
| 4 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$929K |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$400K |
BTM Hedge Fund Activity: Q2 2025 in Review
51 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in Bitcoin Depot (BTM) for Q2 2025, worth a combined $39.4M — up 269% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BTM positions and 8 closed out — a net gain of 26 holders — while 13 added to existing stakes and 3 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $2.45M. The largest seller was Meteora Capital, exiting entirely with an estimated $3.13M sold.
- 51 institutional investors held Bitcoin Depot (BTM) as of Q2 2025, up from 25 in Q1 2025.
- Funds reported $39.4M of Bitcoin Depot stock for Q2 2025, up 269% quarter-over-quarter.
- 34 funds opened new Bitcoin Depot positions in Q2 2025 and 8 closed out, a net change of +26 holders.
- The largest Bitcoin Depot buyer in Q2 2025 was Marshall Wace, an estimated $2.45M added.
- The largest Bitcoin Depot seller in Q2 2025 was Meteora Capital, an estimated $3.13M sold.
Based on aggregated 13F filings for Q2 2025.