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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

496% more call options, than puts

Call options by funds: $130M | Put options by funds: $21.8M

0.25% less ownership

Funds ownership: 6.42%6.18% (-0.25%)

11% less funds holding

Funds holding: 734650 (-84)

26% less capital invested

Capital invested by funds: $2.24B → $1.67B (-$578M)

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
-84
Holders Change %
-11.44%
% of All Funds
8%
Holding in Top 10
10
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-33.33%
% of All Funds
0.12%
New
52
Increased
122
Reduced
255
Closed
124
Calls
$130M
Puts
$21.8M
Net Calls
+$108M
Net Calls Change
-$80.8M
Name Holding Trade Value Shares
Change
Change in
Stake
TSS
701
Two Sigma Securities
New York
-$254K -3,722 Closed
W
702
WorthPointe
California
-$254K -3,722 Closed
CCWM
703
Correct Capital Wealth Management
Missouri
-$254K -3,721 Closed
CHAM
704
Clear Harbor Asset Management
Connecticut
-$254K -3,715 Closed
EWM
705
Elevatus Welath Management
New York
-$253K -3,700 Closed
RT
706
Rockland Trust
Massachusetts
-$253K -3,700 Closed
NG
707
Novem Group
New York
-$252K -3,688 Closed
SL
708
Sentry LLC
Tennessee
-$250K -3,657 Closed
DCM
709
Dudley Capital Management
Virginia
-$249K -3,647 Closed
SAM
710
SP Asset Management
California
-$249K -3,640 Closed
BF
711
Bonfire Financial
Colorado
-$251K -3,558 Closed
MCM
712
Mainstream Capital Management
California
-$242K -3,538 Closed
OIA
713
OneDigital Investment Advisors
Kansas
-$241K -3,527 Closed
OC
714
Oarsman Capital
Wisconsin
-$239K -3,503 Closed
SFG
715
Sovereign Financial Group
Connecticut
-$239K -3,495 Closed
RFG
716
RFP Financial Group
Georgia
-$239K -3,494 Closed
FCM
717
Fell Capital Management
California
-$232K -3,390 Closed
BRWM
718
Blue Rock Wealth Management
North Carolina
-$230K -3,365 Closed
PA
719
Procyon Advisors
Connecticut
-$230K -3,358 Closed
RA
720
RFG Advisory
Alabama
-$230K -3,357 Closed
TF
721
Trek Financial
Arizona
-$229K -3,348 Closed
KFC
722
Klingenstein Fields & Co
New York
-$227K -3,321 Closed
ACM
723
Advisors Capital Management
New Jersey
-$227K -3,315 Closed
MAG
724
Mayfair Advisory Group
Alabama
-$231K -3,300 Closed
TWM
725
Thrive Wealth Management
Pennsylvania
-$225K -3,295 Closed