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| Date | Value |
|---|---|
| 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 |