Grayscale Bitcoin Trust ETF (GBTC) Equity Ratio (2024 - 2025)

Grayscale Bitcoin Trust ETF (GBTC) reported Equity Ratio of 1.0 for Q4 2025, little changed year-over-year from 1.0 in Q4 2024, and little changed on a QoQ basis from 1.0 in Q3 2025.

Grayscale Bitcoin Trust ETF (GBTC) has 2 years of Equity Ratio data on file, last reported at 1.0 in Q4 2025.

  • Quarterly Equity Ratio changed 0.0% year-over-year to 1.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 1.0 (changed 0.0% YoY) and the FY2025 annual result came in at 1.0, changed 0.0% from the prior year.
  • Equity Ratio was little changed at 1.0 in Q4 2025 per GBTC's latest filing, from 1.0 in the prior quarter.
  • Across five years, Equity Ratio topped out at 1.0 in Q2 2024 and bottomed at 1.0 in Q1 2024.

Historic Data

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DateValue
Dec 31, 2025 1.00
Sep 30, 2025 1.00
Jun 30, 2025 1.00
Mar 31, 2025 1.00
Dec 31, 2024 1.00
Sep 30, 2024 1.00
Jun 30, 2024 1.00
Mar 31, 2024 1.00