We are live on ! Find out more
GBTC icon

Grayscale Bitcoin Trust

782 hedge funds and large institutions have $3.01B invested in Grayscale Bitcoin Trust in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 168 increasing their positions, 233 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

263% more call options, than puts

Call options by funds: $209M | Put options by funds: $57.7M

84% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 44

3% more funds holding

Funds holding: 762782 (+20)

1% more capital invested

Capital invested by funds: $2.98B → $3.01B (+$33.4M)

0.3% less ownership

Funds ownership: 6.87%6.57% (-0.3%)

9% less funds holding in top 10

Funds holding in top 10: 2220 (-2)

28% less repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 233

Holders
782
Holders Change
+20
Holders Change %
+2.62%
% of All Funds
10.26%
Holding in Top 10
20
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.09%
% of All Funds
0.26%
New
81
Increased
168
Reduced
233
Closed
44
Calls
$209M
Puts
$57.7M
Net Calls
+$152M
Net Calls Change
+$34.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VPWA
551
Vestia Personal Wealth Advisors
Indiana
$238K
GIA
552
Gladstone Institutional Advisory
Florida
$238K +$4.5K +50 +2%
CW
553
Cooksen Wealth
Texas
$238K
PW
554
PUREfi Wealth
Massachusetts
$237K +$238K +2,644 New
PCA
555
Purkiss Capital Advisors
Connecticut
$237K -$28.3K -315 -11%
CA
556
Cornerstone Advisory
Maryland
$237K
OPWM
557
Oxinas Partners Wealth Management
Indiana
$236K -$2.25K -25 -0.9%
TWM
558
TCFG Wealth Management
California
$235K
UWS
559
Unique Wealth Strategies
Illinois
$235K -$2.52K -28 -1%
FI
560
Financial Insights
Washington
$235K
2L
561
25 LLC
Missouri
$235K +$270 +3 +0.1%
BWG
562
Boomfish Wealth Group
Georgia
$234K +$450 +5 +0.2%
KCM
563
Kennicott Capital Management
California
$233K
BWM
564
BNC Wealth Management
Oregon
$233K
NF
565
NavPoint Financial
Minnesota
$233K
RIM
566
Redwood Investment Management
Arizona
$231K
GKWIM
567
Gerber Kawasaki Wealth & Investment Management
California
$231K +$231K +2,570 New
SAM
568
Strive Asset Management
Ohio
$230K
SIM
569
Seaview Investment Managers
Florida
$229K -$41K -456 -15%
OIA
570
Optimum Investment Advisors
Illinois
$229K
FFM
571
Forum Financial Management
Illinois
$229K -$94.5K -1,050 -29%
AWA
572
Amplius Wealth Advisors
Pennsylvania
$228K
FDCDDQ
573
Federation des caisses Desjardins du Quebec
Quebec, Canada
$226K
ALC
574
Alexander Labrunerie & Co
Missouri
$225K
MWM
575
Modera Wealth Management
New Jersey
$225K +$540 +6 +0.2%