Grayscale Bitcoin Trust ETF (GBTC) Free Cash Flow (2024 - 2025)

Grayscale Bitcoin Trust ETF (GBTC) reported Free Cash Flow of $1.0 billion for Q4 2025, down 24.04% year-over-year from $1.4 billion in Q4 2024, and up 17.96% on a QoQ basis from $888.8 million in Q3 2025.

Grayscale Bitcoin Trust ETF (GBTC) has 2 years of Free Cash Flow data on file, last reported at $1.0 billion in Q4 2025.

  • Quarterly Free Cash Flow fell 24.04% year-over-year to $1.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.7 billion (down 82.79% YoY) and the FY2025 annual result came in at $3.7 billion, down 82.79% from the prior year.
  • Free Cash Flow advanced to $1.0 billion in Q4 2025 per GBTC's latest filing, from $888.8 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $14.7 billion in Q1 2024 and bottomed at $722.7 million in Q2 2025.

Historic Data

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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
Jun 30, 2025 722.67 Mn
Jun 30, 2025 722.67 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