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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
1IA
1551
1620 Investment Advisors
Massachusetts
$23.6K
FCMT
1552
Founders Capital Management (Texas)
Texas
$23.3K
GAMC
1553
Garner Asset Management Corp
Texas
$23.3K
RBC
1554
Roble Belko & Company
Pennsylvania
$23K
KG
1555
Kilter Group
New York
$22.8K
T
1556
Tidemark
California
$22.3K
FNWA
1557
Financial Network Wealth Advisors
Utah
$22.2K
N
1558
Natixis
France
$22.1K
NI
1559
NCP Inc
California
$20.9K
BLC
1560
Brown, Lisle/Cummings
Rhode Island
$19.9K
S
1561
Sachetta
Massachusetts
$19.1K
SA
1562
Scarborough Advisors
Maryland
$18.8K
AT
1563
Avalon Trust
New Mexico
$18.6K
NSG
1564
Nalls Sherbakoff Group
Tennessee
$18.3K
MA
1565
MCF Advisors
Kentucky
$18.3K
AFG
1566
Albion Financial Group
Utah
$17.8K
SJIM
1567
St. Johns Investment Management
Florida
$17.6K
DFA
1568
DHJJ Financial Advisors
Illinois
$17.6K
FCT
1569
First Community Trust
Iowa
$17.5K
MIM
1570
MTM Investment Management
South Carolina
$17.2K
MCA
1571
Midwest Capital Advisors
Michigan
$16.5K
MB
1572
MidFirst Bank
Oklahoma
$16.4K
LC
1573
Lavaca Capital
Texas
$16.3K
PWA
1574
Provenance Wealth Advisors
Florida
$16.3K
FDW
1575
Fourth Dimension Wealth
Ohio
$16.1K