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iShares Bitcoin Trust

1,650 hedge funds and large institutions have $18.8B invested in iShares Bitcoin Trust in 2025 Q4 according to their latest regulatory filings, with 297 funds opening new positions, 789 increasing their positions, 395 reducing their positions, and 238 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

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 funds holding

Funds holding:

2.92% less ownership

Funds ownership: 30.76%27.84% (-2.9%)

20% less funds holding in top 10

Funds holding in top 10: 130104 (-26)

30% less capital invested

Capital invested by funds: $26.9B → $18.8B (-$8.03B)

Holders
1,650
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
104
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.6B
Puts
$8.24B
Net Calls
Net Calls Change

Top Buyers

1 +$785M
2 +$404M
3 +$226M
4
Citadel Advisors
Citadel Advisors
Florida
+$156M
5
BlackRock
BlackRock
New York
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
VT
276
Vise Technologies
New York
$4.4M
Brown Advisory
277
Brown Advisory
Maryland
$4.4M
RG
278
Rathbones Group
United Kingdom
$4.39M
TA
279
Tactive Advisors
Florida
$4.36M
SC
280
Sepio Capital
Utah
$4.35M
BWM
281
Bosman Wealth Management
California
$4.29M
RCM
282
Requisite Capital Management
Texas
$4.24M
SP
283
SIH Partners
Delaware
$4.2M
CWM
284
Centurion Wealth Management
Virginia
$4.13M
BM
285
Bridger Management
New York
$4.13M
VFA
286
Valeo Financial Advisors
Indiana
$4.09M
CCMG
287
Clark Capital Management Group
Pennsylvania
$4.07M
RDWM
288
Red Door Wealth Management
Tennessee
$4.06M
FEG
289
Financial Enhancement Group
Indiana
$4.04M
WL
290
WIT LLC
District of Columbia
$4.02M
GC
291
Garde Capital
Washington
$4.01M
SWP
292
Stratos Wealth Partners
Ohio
$3.98M
SCA
293
Sassicaia Capital Advisers
New York
$3.97M
WAP
294
Wealthcare Advisory Partners
Pennsylvania
$3.94M
PPH
295
Pure Portfolios Holdings
Oregon
$3.91M
MCCA
296
Mill Creek Capital Advisors
Pennsylvania
$3.9M
DWM
297
Dakota Wealth Management
Florida
$3.9M
GKWIM
298
Gerber Kawasaki Wealth & Investment Management
California
$3.84M
WC
299
Whitney & Co
New York
$3.84M
HWM
300
HB Wealth Management
Georgia
$3.79M