Grayscale Bitcoin Trust
GBTC
GBTC
645 hedge funds and large institutions have $1.66B invested in Grayscale Bitcoin Trust in 2026 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 122 increasing their positions, 253 reducing their positions, and 123 closing their positions.
New
Increased
Maintained
Reduced
Closed
more call options, than puts
Call options by funds: $ | Put options by funds: $
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less capital invested
Capital invested by funds: $ → $
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
52% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 253
60% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 123
Holders
645
Holding in Top 10
10
Calls
$130M
Puts
$21.8M
Top Buyers
| 1 | +$18M | |
| 2 | +$14.3M | |
| 3 | +$13.5M | |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.34M |
| 5 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
+$3M |
Top Sellers
| 1 | -$20.7M | |
| 2 | -$15.9M | |
| 3 | -$13.2M | |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.8M |
| 5 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$6.47M |
