Grayscale Bitcoin Trust ETF GBTC Institutional Ownership

NYSE GBTC

$60.02 +0.92 (+1.56%)

At close: Nov 3, 2026 · 4:00 PM EST

Institutions by Trading Activity

601 Institutions

Increased 135 22.5%

Unchanged 255 42.4%

Reduced 211 35.1%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

15.48%

▼-0.40 pp QoQ

Shares Held by Institutions

27.64Mn

of 178.58Mn outstanding

▼-12.38% QoQ

Shares Outstanding

178.58Mn

150.94Mn held outside 13F filers

Institutional Investors

601

filed 13F for Jun 2026

▼-54 vs prior quarter

Net Shares Added (QoQ)

-3.91Mn

distributed since last quarter

Value of Holdings

$1.66Bn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Updated Nov 4, 2026

Grayscale Bitcoin Trust ETF (NYSE:GBTC) appeared in the 13F filings of 601 institutional investors for the quarter ended June 30, 2026.

Their combined stake equaled 15.48% of outstanding shares in Q2 2026, down from 15.87% in Q1 2026.
Total holdings of GBTC shares fell 12.38% from Q1 2026, and the holder count fell 21.64% from Q2 2025.
Of these 601 holders, 135 added to their positions, 211 reduced their stakes and 255 left their positions unchanged.
The aggregate institutional position in Grayscale Bitcoin Trust ETF was 27.64Mn shares at the end of Q2 2026, down 3.91Mn from the prior quarter and down 7.52Mn from a year earlier.
Horizon Kinetics Asset Management LLC was the top holder of Grayscale Bitcoin Trust ETF as of June 30, 2026, with 12.14Mn shares, or 6.80% of shares outstanding.
The largest position increases in GBTC for Q2 2026 were by Quadrature Capital Ltd (+184.61K shares), Mariner, LLC (+91.6K shares), Virtu Financial LLC (+78.1K shares), Jane Street Group, LLC (+76.39K shares) and Arax Advisory Partners (+61.3K shares).
On the other side, among holders that kept a position in Grayscale Bitcoin Trust ETF, the largest reductions in Q2 2026 came from Horizon Kinetics Asset Management LLC (-1.86Mn shares), Greenwich Wealth Management LLC (-615.99K shares), Susquehanna International Group, LLP (-331.13K shares), Vident Advisory, LLC (-301.35K shares) and Ieq Capital, LLC (-96.27K shares).
Per Business Quant data, the 10 largest holders of Grayscale Bitcoin Trust ETF at the end of Q2 2026 were Horizon Kinetics Asset Management LLC (12.14Mn shares), LPL Financial LLC (876.47K shares), HighTower Advisors, LLC (602.86K shares), Virtu Financial LLC (360.93K shares), Mad River Investors (360.14K shares), EagleClaw Capital Managment, LLC (358.22K shares), Jane Street Group, LLC (340.36K shares), Citadel Advisors LLC (314.99K shares), Moors & Cabot, Inc. (303.75K shares) and Mariner, LLC (278.54K shares).

Form 13F Holdings

604 Institutional Holders

Report period 30 Jun, 2026

Total shares held 27.64Mn

Of outstanding 15.48%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	HORIZON KINETICS ASSET MANAGEMENT LLC	0001056823	12,139,990	6.80%	▼1,864,892	-13.32%	$552.61Mn
2	LPL Financial LLC	0001403438	876,469	0.49%	▼31,871	-3.51%	$39.90Mn
3	HighTower Advisors, LLC	0001462245	602,864	0.34%	▼11,209	-1.83%	$27.44Mn
4	Virtu Financial LLC	0001533964	360,930	0.20%	▲78,099	+27.61%	$16.43K
5	MAD RIVER INVESTORS	0001384484	360,139	0.20%	0	0.00%	$16.39Mn
6	EagleClaw Capital Managment, LLC	0001607636	358,216	0.20%	▲2,425	+0.68%	$16.31Mn
7	JANE STREET GROUP, LLC	0001595888	340,363	0.19%	▲76,391	+28.94%	$15.49Mn
8	CITADEL ADVISORS LLC	0001423053	314,985	0.18%	▲314,985	0.00%	$14.34Mn
9	Moors & Cabot, Inc.	0001607239	303,753	0.17%	▼7,640	-2.45%	$13.83Mn
10	Mariner, LLC	0001373442	278,538	0.16%	▲91,599	+49.00%	$12.68Mn
11	KINGSWOOD WEALTH ADVISORS, LLC	0001987855	278,391	0.16%	▼1,569	-0.56%	$12.67Mn
12	Wealthfront Advisers LLC	0001763921	265,593	0.15%	▼75,540	-22.14%	$12.09Mn
13	One Charles Private Wealth Services, LLC	0001800938	259,750	0.15%	▼17,242	-6.22%	$11.82Mn
14	Beaumont Financial Advisors, LLC	0001957394	249,612	0.14%	▼9,122	-3.53%	$11.36Mn
15	Cambridge Investment Research Advisors, Inc.	0001419186	244,528	0.14%	▼8,741	-3.45%	$11.13K
16	Cresset Asset Management, LLC	0001761013	231,216	0.13%	▼12,496	-5.13%	$10.52Mn
17	Quadrature Capital Ltd	0001651424	193,414	0.11%	▲184,609	+2,096.64%	$8.80Mn
18	Focus Partners Wealth	0001542153	190,971	0.11%	▼25,531	-11.79%	$8.69Mn
19	COMMONWEALTH EQUITY SERVICES, LLC	0000312272	168,831	0.09%	▼9,972	-5.58%	$7.69Mn
20	Cetera Investment Advisers	0001666741	164,245	0.09%	▼10,232	-5.86%	$7.48Mn

Showing 1 to 20 of 604 holders