VanEck Bitcoin Trust
HODL
HODL
133 hedge funds and large institutions have $482M invested in VanEck Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 47 increasing their positions, 26 reducing their positions, and 29 closing their positions.
New
Increased
Maintained
Reduced
Closed
more call options, than puts
Call options by funds: $ | Put options by funds: $
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more first-time investments, than exits
New positions opened: | Existing positions closed:
more ownership
Funds ownership: →
7% more funds holding
Funds holding: 124 → 133 (+9)
10% less capital invested
Capital invested by funds: $536M → $482M (-$53.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Holders
133
Holding in Top 10
1
Calls
$482K
Puts
$252K
Top Buyers
| 1 | +$28.8M | |
| 2 | +$26.1M | |
| 3 | +$24.7M | |
| 4 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$19.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.4M |
Top Sellers
| 1 | -$17.7M | |
| 2 | -$16.3M | |
| 3 | -$7.17M | |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$6.94M |
| 5 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$6.19M |
