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
PAW
576
Plan A Wealth
Nebraska
$225K
SWA
577
SOA Wealth Advisors
New York
$225K -$21.1K -235 -9%
CF
578
Clarity Financial
Texas
$225K
MP
579
McDonald Partners
Ohio
$224K -$225K -2,500 -50%
AW
580
Apricus Wealth
South Carolina
$224K
PIA
581
Perennial Investment Advisors
California
$224K
WC
582
Whitney & Co
New York
$224K
LWMI
583
Legacy Wealth Management (Idaho)
Idaho
$224K +$32.5K +361 +17%
PWP
584
Perfromance Wealth Partners
Illinois
$222K
KFA
585
Kelleher Financial Advisors
New York
$221K -$485K -5,394 -69%
WGS
586
Washington Growth Strategies
District of Columbia
$221K
HTWM
587
Hartmann Taylor Wealth Management
Texas
$220K
Bank of America
588
Bank of America
North Carolina
$219K +$4.59K +51 +2%
FWP
589
Forefront Wealth Partners
Texas
$218K +$218K +2,425 New
RWB
590
RMR Wealth Builders
New Jersey
$215K
HIMC
591
Heritage Investors Management Corp
Maryland
$215K
IF
592
Ironwood Financial
Arizona
$215K +$215K +2,394 New
MF
593
Manchester Financial
California
$215K +$215K +2,391 New
CKAIS
594
Christensen King & Associates Investment Services
Washington
$212K -$13.5K -150 -6%
NC
595
NovaPoint Capital
Georgia
$212K +$212K +2,360 New
GCA
596
Genesee Capital Advisors
New York
$211K -$85.5K -950 -29%
FDS
597
Freedom Day Solutions
Texas
$211K +$211K +2,350 New
WT
598
Whittier Trust
California
$210K
CA
599
Crumly & Associates
Illinois
$209K +$210K +2,331 New
HWP
600
Highline Wealth Partners
California
$209K -$19K -211 -8%