We are live on ! Find out more
GBTC icon

Grayscale Bitcoin Trust

650 hedge funds and large institutions have $1.67B invested in Grayscale Bitcoin Trust in 2026 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 122 increasing their positions, 255 reducing their positions, and 124 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: 1510 (-5)

52% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 255

58% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 124

Holders
650
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$130M
Puts
$21.8M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JWM
651
JPL Wealth Management
Colorado
$106
AIA
652
Arcadia Investment Advisors
Idaho
$53
TRCT
653
Tower Research Capital (TRC)
New York
$53
MCM
654
Multicoin Capital Management
Texas
DS
655
DRW Securities
Illinois
OMC
656
Old Mission Capital
Illinois
Citadel Advisors
657
Citadel Advisors
Florida
PWM
658
Palumbo Wealth Management
New York
ACA
659
Ascension Capital Advisors
Texas
FTUS
660
Flow Traders U.S.
New York
SCC
661
Seal Cove Capital
California
AWM
662
Angeles Wealth Management
California
1WA
663
180 Wealth Advisors
Washington
IAM
664
Iridian Asset Management
Connecticut
CAS
665
Coppell Advisory Solutions
Texas
JWCA
666
J.W. Cole Advisors
Florida
MHS
667
M Holdings Securities
Oregon
GCM
668
Glaxis Capital Management
Florida
CCM
669
Capstone Capital Management
WAS
670
Westco Advisory Services
New York
HNWA
671
Henrickson Nauta Wealth Advisors
Michigan
BPWM
672
Badgley Phelps Wealth Managers
Washington
BWM
673
BCS Wealth Management
Tennessee
MFPI
674
Midwest Financial Partners Investments
Minnesota
HWM
675
HB Wealth Management
Georgia