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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
WW
1576
Winnow Wealth
Texas
$15.7K
OC
1577
Optima Capital
Oregon
$15.3K
FPF
1578
First Pacific Financial
Washington
$15K
TC
1579
Trust Company
Kansas
$14.9K
GFA
1580
Godfrey Financial Associates
New York
$14.6K
MDCM
1581
Morgan Dempsey Capital Management
Wisconsin
$14.2K
VWA
1582
Valued Wealth Advisors
Utah
$14K
KFI
1583
Key Financial Inc
Pennsylvania
$13.9K
BC
1584
Bulwark Capital
Florida
$13.3K
IWM
1585
Inlight Wealth Management
Georgia
$12.8K
SN
1586
Sittner & Nelson
Oregon
$12.8K
BIM
1587
Breakwater Investment Management
Washington
$12.6K
NB
1588
NBT Bank
New York
$12.5K
HFM
1589
Hartford Financial Management
Connecticut
$11.7K
Fidelity Investments
1590
Fidelity Investments
Massachusetts
$11.6K
EP
1591
Essential Partners
California
$11.6K
FF
1592
Friedenthal Financial
New Jersey
$10.9K
CBT
1593
Crews Bank & Trust
Florida
$10K
FMTCOCP
1594
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$10K
MBFW
1595
Morton Brown Family Wealth
Pennsylvania
$9.93K
CA
1596
CoreCap Advisors
Michigan
$9.83K
CFD
1597
Creative Financial Designs
Indiana
$9.68K
DPW
1598
DiNuzzo Private Wealth
Pennsylvania
$9.53K
MIA
1599
Milestone Investment Advisors
Wisconsin
$9.38K
AIA
1600
Aventus Investment Advisors
Florida
$9.33K