Grayscale Bitcoin Trust
GBTC
GBTC
657 hedge funds and large institutions have $2.65B invested in Grayscale Bitcoin Trust in 2024 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 124 increasing their positions, 220 reducing their positions, and 96 closing their positions.
New
Increased
Maintained
Reduced
Closed
more first-time investments, than exits
New positions opened: | Existing positions closed:
more funds holding
Funds holding: →
less ownership
Funds ownership: →
less funds holding in top 10
Funds holding in top 10: →
38% less capital invested
Capital invested by funds: $4.3B → $2.65B (-$1.64B)
44% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 220
Holders
657
Holding in Top 10
20
Calls
–
Puts
–
Top Buyers
| 1 | +$35.1M | |
| 2 | +$28.3M | |
| 3 | +$19.4M | |
| 4 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$13.7M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$9.79M |
Top Sellers
| 1 | -$386M | |
| 2 | -$227M | |
| 3 | -$88.2M | |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$85.2M |
| 5 |
Jane Street
New York
|
-$82.3M |