Franklin Bitcoin ETF
EZBC
94 hedge funds and large institutions have $120M invested in Franklin Bitcoin ETF in 2025 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 5 closing their positions.
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
29% more capital invested
Capital invested by funds: $93M → $120M (+$27.1M)
21% more funds holding
Funds holding: 78 → 94 (+16)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16.92% less ownership
Funds ownership: 16.92% → 0% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$14.7M |
| 2 |
VF
Virtu Financial
New York
|
+$7.04M |
| 3 |
CCA
Childress Capital Advisors
Houston,
Texas
|
+$4.57M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.35M |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.85M |
| 2 |
Jane Street
New York
|
-$3.08M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$2.47M |
| 4 |
RW
Rede Wealth
Charlottesville,
Virginia
|
-$1.21M |
| 5 |
SG
StoneX Group
New York
|
-$980K |
EZBC Hedge Fund Activity: Q3 2025 in Review
94 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Franklin Bitcoin ETF (EZBC) for Q3 2025, worth a combined $120M — up 29% from $93M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EZBC positions and 5 closed out — a net gain of 18 holders — while 28 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $14.7M. The largest seller was Susquehanna International Group, cutting an estimated $3.85M.
- 94 institutional investors held Franklin Bitcoin ETF (EZBC) as of Q3 2025, up from 78 in Q2 2025.
- Funds reported $120M of Franklin Bitcoin ETF stock for Q3 2025, up 29% quarter-over-quarter.
- 23 funds opened new Franklin Bitcoin ETF positions in Q3 2025 and 5 closed out, a net change of +18 holders.
- The largest Franklin Bitcoin ETF buyer in Q3 2025 was LPL Financial, an estimated $14.7M added.
- The largest Franklin Bitcoin ETF seller in Q3 2025 was Susquehanna International Group, an estimated $3.85M sold.
Based on aggregated 13F filings for Q3 2025.