Grayscale Bitcoin Trust ETF (GBTC) Free Cash Flow (2024 - 2025)
Grayscale Bitcoin Trust ETF (GBTC) posted Free Cash Flow of $1.05 billion for Q4 2025, down 24.0% from $1.38 billion a year earlier but up 18.0% from the prior quarter.
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Analysis
Grayscale Bitcoin Trust ETF (GBTC) Free Cash Flow (2024 - 2025) Analysis & Trends
For FY2025, Grayscale Bitcoin Trust ETF's Free Cash Flow came in at $3.7 billion, down 82.8% from FY2024.
- In prior years, Grayscale Bitcoin Trust ETF's Free Cash Flow was $21.49 billion in FY2024.
- Quarterly Free Cash Flow has run from a low of $722.67 million in Q2 2025 to a high of $14.66 billion in Q1 2024 over five years.
- On a year-over-year basis, Free Cash Flow has declined in each of the last four quarters, with an average decline of 60.8% over the last four quarters.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $888.8 million (Q3 2025), $722.67 million (Q2 2025) and $1.04 billion (Q1 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 888.80 Mn |
| Jun 30, 2025 | 722.67 Mn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 1.38 Bn |
| Sep 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 3.82 Bn |
| Mar 31, 2024 | 14.66 Bn |
API Access
Grayscale Bitcoin Trust ETF Free Cash Flow 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=free-cash-flow&ticker=GBTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=GBTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();