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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
AWE
376
Avidian Wealth Enterprises
Texas
$2.71M
PIA
377
Panoramic Investment Advisors
Colorado
$2.69M
LCWM
378
Legacy Capital Wealth Management
Texas
$2.68M
CL
379
Choreo LLC
Illinois
$2.67M
BAAM
380
Baker Avenue Asset Management
California
$2.67M
BCI
381
Brinker Capital Investments
Pennsylvania
$2.67M
AWM
382
Aprio Wealth Management
Georgia
$2.64M
CRC
383
Curi RMB Capital
Illinois
$2.63M
PCA
384
Prosperity Capital Advisors
Ohio
$2.63M
GCA
385
Genesee Capital Advisors
New York
$2.62M
MCM
386
Massar Capital Management
Connecticut
$2.62M
CW
387
CreativeOne Wealth
Kansas
$2.59M
QFMHK
388
Q Fund Management (Hong Kong)
$2.58M
Empower Advisory Group
389
Empower Advisory Group
Colorado
$2.56M
PCM
390
Prelude Capital Management
New York
$2.53M
WPC
391
Wedmont Private Capital
Pennsylvania
$2.52M
WAM
392
Wakefield Asset Management
Colorado
$2.51M
PWM
393
Palumbo Wealth Management
New York
$2.51M
WAM
394
Wolverine Asset Management
Illinois
$2.5M
NFSG
395
Newbridge Financial Services Group
Florida
$2.5M
CA
396
Cornerstone Advisory
Maryland
$2.47M
AF
397
Allworth Financial
California
$2.44M
PA
398
Parallel Advisors
California
$2.44M
RIL
399
Rothschild Investment LLC
Illinois
$2.44M
GIA
400
Gem Investment Advisors
New Jersey
$2.44M