Security Snapshot

Grayscale Bitcoin Trust ETF - SHS REP COM UT (GBTC) Institutional Ownership

CUSIP: 389637109

13F Institutional Holders and Ownership History from Q1 2016 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

724

Shares (Excl. Options)

32,625,809

Price

$68.36

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Type / Class
Equity / SHS REP COM UT
Symbol
GBTC on NYSE
Price per share
$52.76
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
32,625,809
Total reported value
$2,232,814,612
% of total 13F portfolios
0.02%
Share change
-1,510,179
Value change
-$122,292,646
Number of holders
724
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • GBTC - Grayscale Bitcoin Trust ETF - SHS REP COM UT is tracked under CUSIP 389637109.
  • 724 institutions reported positions in Q4 2025.
  • Schedule 13D/13G significant owner rows are not currently available.

What Changed

  • Holder count moved from 724 to 132 between Q4 2025 and Q1 2026.
  • Reported value moved from $2,232,814,612 to $89,104,098.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 724 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 389637109?
CUSIP 389637109 identifies GBTC - Grayscale Bitcoin Trust ETF - SHS REP COM UT in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

As of 31 Dec 2025, 724 institutional investors reported holding 32,625,809 shares of Grayscale Bitcoin Trust ETF - SHS REP COM UT (GBTC).

Institutional Holders of Grayscale Bitcoin Trust ETF - SHS REP COM UT (GBTC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 1,662,251 $89,104,098 -$9,776,739 $52.76 132
2025 Q4 32,625,809 $2,232,814,612 -$122,292,646 $68.36 724
2025 Q3 33,474,351 $3,000,019,213 -$131,488,553 $89.77 773
2025 Q2 35,018,052 $2,967,411,392 +$62,544,294 $84.83 752
2025 Q1 34,244,290 $2,230,776,816 -$33,265,093 $65.17 700
2024 Q4 34,758,457 $2,573,438,422 -$100,855,074 $74.02 741
2024 Q3 35,714,367 $1,795,919,308 -$682,451,463 $50.50 602
2024 Q2 49,780,850 $2,651,200,611 -$985,189,316 $53.24 653
2024 Q1 67,535,127 $4,263,433,757 +$3,173,302,352 $63.17 633
2023 Q4 17,091,342 $591,707,035 -$109,601,212 $34.62 44
2023 Q3 22,733,082 $436,249,651 -$9,472,106 $19.19 42
2023 Q2 23,225,468 $445,667,139 -$7,573,984 $19.19 43
2023 Q1 23,104,244 $377,986,977 -$7,557,185 $16.36 41
2022 Q4 23,699,111 $196,464,863 +$132,706,760 $8.29 45
2022 Q3 7,571,997 $86,419,205 -$5,173,940 $11.41 49
2022 Q2 7,941,141 $153,320,770 -$6,152,893 $12.06 44
2022 Q1 8,111,571 $247,764,978 -$43,655,020 $30.54 53
2021 Q4 9,639,161 $328,739,933 -$53,851,264 $34.25 65
2021 Q3 10,926,951 $369,881,826 -$16,357,023 $33.85 57
2021 Q2 11,442,584 $341,119,479 +$11,571,870 $29.81 56
2021 Q1 10,780,115 $538,716,176 +$88,501,824 $50.03 75
2020 Q4 9,128,689 $292,103,160 +$101,633,324 $32.00 42
2020 Q3 6,053,911 $66,412,521 +$18,701,454 $10.97 22
2020 Q2 4,388,769 $42,127,879 +$8,650,354 $9.60 20
2020 Q1 3,636,875 $25,910,437 +$8,445,823 $7.13 15
2019 Q4 2,450,231 $20,067,623 +$7,729,452 $8.19 12
2019 Q3 1,503,775 $15,922,000 -$2,841,823 $10.54 12
2019 Q2 1,770,852 $26,793,662 -$33,179,765 $15.13 12
2019 Q1 3,962,686 $18,940,617 +$1,284,362 $4.78 8
2018 Q4 3,695,343 $14,651,000 +$14,563,000 $3.97 6
2018 Q3 20,930 $166,000 $7.93 1
2018 Q2 20,930 $179,000 $8.55 1
2018 Q1 20,930 $220,000 +$217,656 $10.51 1
2017 Q4 223 $450,000 -$24,215 $2017.94 1
2017 Q3 235 $165,000 +$7,723 $702.13 1
2017 Q2 224 $87,000 $388.39 1
2017 Q1 224 $26,000 +$26,000 $116.07 1
2016 Q2 0 $0 -$4,000 $52.76 0
2016 Q1 1,047 $4,000 $3.82 1