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

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

• Shares Outstanding (Weighted Average) for Q4 2025 came in at $211.9 million, down 18.16% year-over-year; the trailing twelve-month figure through Dec 2025 was $211.9 million (down 18.16% YoY), and the FY2025 annual result was $211.9 million, down 18.16% from the prior year.
• Shares Outstanding (Weighted Average) declined to $211.9 million in Q4 2025 per GBTC's latest filing, from $225.1 million in the prior quarter.
• Over five years, Shares Outstanding (Weighted Average) peaked at $376.0 million in Q1 2024 and troughed at $211.9 million in Q4 2025.