Grayscale Bitcoin Trust
GBTC
GBTC
701 hedge funds and large institutions have $2.23B invested in Grayscale Bitcoin Trust in 2025 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 171 increasing their positions, 240 reducing their positions, and 80 closing their positions.
New
Increased
Maintained
Reduced
Closed
more call options, than puts
Call options by funds: $ | Put options by funds: $
more ownership
Funds ownership: →
less funds holding in top 10
Funds holding in top 10: →
less funds holding
Funds holding: →
26% less capital invested
Capital invested by funds: $3.03B → $2.23B (-$796M)
29% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 240
36% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 80
Holders
701
Holding in Top 10
22
Calls
$77.1M
Puts
$27.8M
Top Buyers
| 1 | +$21.6M | |
| 2 | +$17.1M | |
| 3 | +$7.65M | |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$6.96M |
| 5 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$4.95M |
Top Sellers
| 1 | -$30.7M | |
| 2 | -$16.4M | |
| 3 | -$11.1M | |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$7.95M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.56M |