Grayscale Bitcoin Trust
GBTC
GBTC
750 hedge funds and large institutions have $2.96B invested in Grayscale Bitcoin Trust in 2025 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 139 increasing their positions, 253 reducing their positions, and 47 closing their positions.
New
Increased
Maintained
Reduced
Closed
Holders
750
Holders Change
+49
Holders Change %
+6.99%
% of All Funds
10.05%
Holding in Top 10
22
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.29%
New
107
Increased
139
Reduced
253
Closed
47
Calls
$166M
Puts
$48.7M
Net Calls
+$117M
Net Calls Change
+$68.2M
Top Buyers
| 1 |
Jane Street
New York
|
+$59.4M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$21.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.3M |
| 4 |
IC
IEQ Capital
Foster City,
California
|
+$7.69M |
| 5 |
Renaissance Technologies
New York
|
+$6.79M |
Top Sellers
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$29.3M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$12.3M |
| 3 |
JSSH
J. Safra Sarasin Holding
|
-$4.76M |
| 4 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$4.71M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$4.56M |