Grayscale Bitcoin Trust ETF (GBTC) Net Equity Issued and Repurchased (2024 - 2025)

Grayscale Bitcoin Trust ETF's (GBTC) quarterly Net Equity Issued and Repurchased came in at $132.6 million in Q4 2025, down 61.2% year-on-year from $341.7 million in Q4 2024, and down 2.24% on a QoQ basis from $135.6 million in Q3 2025.

Grayscale Bitcoin Trust ETF (GBTC) Net Equity Issued and Repurchased (2024 - 2025) Analysis & Trends

Grayscale Bitcoin Trust ETF (GBTC) has 2 years of Net Equity Issued and Repurchased data on file, last reported at $132.6 million in Q4 2025.

  • On a quarterly basis, Net Equity Issued and Repurchased fell 61.2% year-over-year to $132.6 million in Q4 2025; TTM through Dec 2025 was $627.7 million, a 19.76% decrease from a year earlier, with the FY2025 full-year figure at $627.7 million, down 19.76% from the prior year.
  • Net Equity Issued and Repurchased for Q4 2025 stood at $132.6 million, down from $135.6 million in the prior quarter.
  • Over the last five years, Net Equity Issued and Repurchased for GBTC reached as high as $341.7 million in Q4 2024 and fell as low as $79.0 million in Q1 2024.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 132.57 Mn
Dec 31, 2025 132.57 Mn
Sep 30, 2025 135.61 Mn
Sep 30, 2025 135.61 Mn
Jun 30, 2025 162.45 Mn
Jun 30, 2025 162.45 Mn
Mar 31, 2025 197.03 Mn
Mar 31, 2025 197.03 Mn
Dec 31, 2024 341.65 Mn
Dec 31, 2024 341.65 Mn
Sep 30, 2024 119.50 Mn
Sep 30, 2024 119.50 Mn
Jun 30, 2024 242.11 Mn
Jun 30, 2024 242.11 Mn
Mar 31, 2024 78.98 Mn
Mar 31, 2024 78.98 Mn