Grayscale Bitcoin Trust
GBTC
GBTC
754 hedge funds and large institutions have $2.97B invested in Grayscale Bitcoin Trust in 2025 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 139 increasing their positions, 254 reducing their positions, and 48 closing their positions.
New
Increased
Maintained
Reduced
Closed
more call options, than puts
Call options by funds: $ | Put options by funds: $
more first-time investments, than exits
New positions opened: | Existing positions closed:
more capital invested
Capital invested by funds: $ → $
more funds holding
Funds holding: →
0% more funds holding in top 10
Funds holding in top 10: 22 → 22 (0)
7.55% less ownership
Funds ownership: 14.4% → 6.86% (-7.5%)
45% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 254
Holders
754
Holding in Top 10
22
Calls
$166M
Puts
$48.7M
Top Buyers
| 1 | +$59.4M | |
| 2 | +$21.7M | |
| 3 | +$13.3M | |
| 4 |
IC
IEQ Capital
Foster City,
California
|
+$7.69M |
| 5 |
Renaissance Technologies
New York
|
+$6.79M |
Top Sellers
| 1 | -$29.3M | |
| 2 | -$12.3M | |
| 3 | -$4.76M | |
| 4 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$4.71M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$4.56M |
