Grayscale Bitcoin Trust ETF (GBTC) Gains (Losses) on Sale of Assets & Investments (2024 - 2025)
Grayscale Bitcoin Trust ETF (GBTC) posted Non Operating Investment Income of -$5.63 billion for Q4 2025, compared with $6.61 billion a year earlier.
Grayscale Bitcoin Trust ETF (GBTC) Gains (Losses) on Sale of Assets & Investments (2024 - 2025) Analysis & Trends
For FY2025, Grayscale Bitcoin Trust ETF's Non Operating Investment Income came in at -$4.58 billion.
- In prior years, Grayscale Bitcoin Trust ETF's Non Operating Investment Income was $16.38 billion in FY2024.
- The Q4 2025 figure stands as the lowest quarterly Non Operating Investment Income since Q2 2024.
- According to Business Quant data, Non Operating Investment Income for the three prior quarters was $1.23 billion (Q3 2025), $4.79 billion (Q2 2025) and -$3.22 billion (Q1 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -5.63 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 4.79 Bn |
| Mar 31, 2025 | -3.22 Bn |
| Dec 31, 2024 | 6.61 Bn |
| Sep 30, 2024 | -2.43 Bn |
| Jun 30, 2024 | -6.21 Bn |
| Mar 31, 2024 | 12.24 Bn |
Grayscale Bitcoin Trust ETF Gains (Losses) on Sale of Assets & Investments 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=non-operating-investment-income&ticker=GBTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-investment-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=non-operating-investment-income&ticker=GBTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();