Grayscale Bitcoin Trust ETF (GBTC) Net Income (2024 - 2025)
Grayscale Bitcoin Trust ETF's Net Income came in at -$4.67 billion for Q4 2025, compared with $6.54 billion a year earlier.
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Analysis
Grayscale Bitcoin Trust ETF (GBTC) Net Income (2024 - 2025) Analysis & Trends
For FY2025, Grayscale Bitcoin Trust ETF's Net Income was -$993.55 million.
- Going back by year, Net Income was $16.09 billion in FY2024.
- The Q4 2025 figure represents the lowest quarterly Net Income in data going back to Q1 2024.
- Business Quant data shows GBTC's Net Income at $1.16 billion (Q3 2025), $4.72 billion (Q2 2025) and -$2.2 billion (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -4.67 Bn |
| Sep 30, 2025 | 1.16 Bn |
| Jun 30, 2025 | 4.72 Bn |
| Mar 31, 2025 | -2.20 Bn |
| Dec 31, 2024 | 6.54 Bn |
| Sep 30, 2024 | 319.54 Mn |
| Jun 30, 2024 | -2.92 Bn |
| Mar 31, 2024 | 12.15 Bn |
API Access
Grayscale Bitcoin Trust ETF Net Income 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=net-income&ticker=GBTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=GBTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();