Grayscale Bitcoin Trust ETF (GBTC) Shares Outstanding (2024 - 2025)

Grayscale Bitcoin Trust ETF (GBTC) has 2 years of Shares Outstanding data on file, last reported at $211.9 million in Q4 2025.

• Quarterly Shares Outstanding fell 18.16% year-over-year to $211.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $211.9 million (down 18.16% YoY) and the FY2025 annual result came in at $211.9 million, down 18.16% from the prior year.
• Shares Outstanding fell to $211.9 million in Q4 2025 per GBTC's latest filing, from $225.1 million in the prior quarter.
• Across five years, Shares Outstanding topped out at $376.0 million in Q1 2024 and bottomed at $211.9 million in Q4 2025.

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