Grayscale Bitcoin Trust ETF GBTC
NYSE GBTC
$59.63 +3.35 (+5.95%)
At close: Aug 21, 2026 · 4:00 PM EDT

Grayscale Bitcoin Trust ETF (GBTC) Cash from Operations (2024 - 2025)

Grayscale Bitcoin Trust ETF (GBTC) posted quarterly Cash from Operations of 1048381000.0 for Q4 2025, down 24.04% year-over-year from 1380169000.0 in Q4 2024, and up 17.96% quarter-over-quarter from 888796000.0 in Q3 2025.

Grayscale Bitcoin Trust ETF (GBTC) Cash from Operations (2024 - 2025) Analysis & Trends

Grayscale Bitcoin Trust ETF (GBTC) has reported Cash from Operations for 2 consecutive years, with 1048381000.0 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Cash from Operations fell 24.04% year-over-year to 1048381000.0; the TTM figure through Dec 2025 stood at 4356284000.0 (down 79.73% YoY), while the FY2025 annual figure was 3698789000.0, down 82.79% from the prior year.
  • Cash from Operations improved to 1048381000.0 in Q4 2025 per GBTC's latest filing, from 888796000.0 in the prior quarter.
  • Across five years, Cash from Operations topped out at 14662781000.0 in Q1 2024 and bottomed at 888796000.0 in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 1.05 Bn
Dec 31, 2025 1.05 Bn
Sep 30, 2025 888.80 Mn
Sep 30, 2025 888.80 Mn
Mar 31, 2025 1.04 Bn
Mar 31, 2025 1.04 Bn
Dec 31, 2024 1.38 Bn
Dec 31, 2024 1.38 Bn
Sep 30, 2024 1.62 Bn
Sep 30, 2024 1.62 Bn
Jun 30, 2024 3.82 Bn
Jun 30, 2024 3.82 Bn
Mar 31, 2024 14.66 Bn
Mar 31, 2024 14.66 Bn