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

Grayscale Bitcoin Trust ETF's (GBTC) quarterly Free Cash Flow came in at $1.0 billion in Q4 2025, down 24.04% year-on-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) Free Cash Flow (2024 - 2025) Analysis & Trends

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

  • On a quarterly basis, Free Cash Flow fell 24.04% year-over-year to $1.0 billion in Q4 2025; TTM through Dec 2025 was $3.7 billion, a 82.79% decrease from a year earlier, with the FY2025 full-year figure at $3.7 billion, down 82.79% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $1.0 billion, up from $888.8 million in the prior quarter.
  • Over the last five years, Free Cash Flow for GBTC reached as high as $14.7 billion in Q1 2024 and fell as low as $722.7 million in Q2 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
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