Grayscale Bitcoin Trust ETF (GBTC) Market Capitalization (2024 - 2025)
Grayscale Bitcoin Trust ETF (GBTC) reported Market Capitalization of $14.49 billion for Q4 2025, down 24.4% from $19.17 billion a year earlier and down 28.3% from the prior quarter.
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Analysis
Grayscale Bitcoin Trust ETF (GBTC) Market Capitalization (2024 - 2025) Analysis & Trends
Dating back to Q1 2024, Grayscale Bitcoin Trust ETF's Market Capitalization record includes 8 quarters.
- By year, Market Capitalization came in at $19.17 billion in FY2024.
- The Q4 2025 figure ranks as the lowest quarterly Market Capitalization since Q3 2024.
- Year over year, Market Capitalization gained in two of the last four quarters, with growth averaging 6.9%.
- Per Business Quant data, the three quarters before Q4 2025 came in at $20.21 billion (Q3 2025), $19.94 billion (Q2 2025) and $15.95 billion (Q1 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.49 Bn |
| Sep 30, 2025 | 20.21 Bn |
| Jun 30, 2025 | 19.94 Bn |
| Mar 31, 2025 | 15.95 Bn |
| Dec 31, 2024 | 19.17 Bn |
| Sep 30, 2024 | 14.03 Bn |
| Jun 30, 2024 | 14.93 Bn |
| Mar 31, 2024 | 21.45 Bn |
API Access
Grayscale Bitcoin Trust ETF Market Capitalization 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=market-capitalization&ticker=GBTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=GBTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();