Grayscale Bitcoin Trust ETF (GBTC) Common Equity (2024 - 2025)
Grayscale Bitcoin Trust ETF (GBTC) posted Common Equity of $14.5 billion for Q4 2025, down 24.4% from $19.18 billion a year earlier and down 28.2% from the prior quarter.
Grayscale Bitcoin Trust ETF (GBTC) Common Equity (2024 - 2025) Analysis & Trends
Since Q1 2024, Grayscale Bitcoin Trust ETF has reported Common Equity for 8 quarters.
- In prior years, Grayscale Bitcoin Trust ETF's Common Equity was $19.18 billion in FY2024.
- The Q4 2025 figure stands as the lowest quarterly Common Equity since Q3 2024.
- On a year-over-year basis, Common Equity increased in two of the last four quarters, with growth averaging 0.8%.
- According to Business Quant data, Common Equity for the three prior quarters was $20.2 billion (Q3 2025), $19.95 billion (Q2 2025) and $15.95 billion (Q1 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.50 Bn |
| Sep 30, 2025 | 20.20 Bn |
| Jun 30, 2025 | 19.95 Bn |
| Mar 31, 2025 | 15.95 Bn |
| Dec 31, 2024 | 19.18 Bn |
| Sep 30, 2024 | 14.04 Bn |
| Jun 30, 2024 | 17.08 Bn |
| Mar 31, 2024 | 23.80 Bn |
Grayscale Bitcoin Trust ETF Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=GBTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "GBTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=GBTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();