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) Free Cash Flow (2024 - 2025)

Grayscale Bitcoin Trust ETF (GBTC) posted quarterly 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% quarter-over-quarter from $888.8 million in Q3 2025.

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

Grayscale Bitcoin Trust ETF (GBTC) has reported Free Cash Flow for 2 consecutive years, with $1.0 billion the latest figure, recorded in Q4 2025.

  • In Q4 2025, Free Cash Flow fell 24.04% year-over-year to $1.0 billion; the TTM figure through Dec 2025 stood at $4.4 billion (down 79.73% YoY), while the FY2025 annual figure was $3.7 billion, down 82.79% from the prior year.
  • Free Cash Flow improved 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 $888.8 million 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