GRAYSCALE BITCOIN TRUST ETF (GBTC) is held by 103 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is HORIZON KINETICS ASSET MANAGEMENT LLC as of Q1 2026.

Are institutions buying or selling GBTC?

In Q1 2026, 41 institutions opened or increased positions in GRAYSCALE BITCOIN TRUST ETF while 57 reduced or exited — a net selling quarter.

What is the Smart Money Verdict on GBTC?

The Smart Money Verdict combines four independent sources (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for GRAYSCALE BITCOIN TRUST ETF.

How many hedge funds hold GBTC?

103 institutional investors report holding GRAYSCALE BITCOIN TRUST ETF (GBTC) as of Q1 2026, based on SEC 13F filings.

Is institutional money flowing into GBTC?

As of Q1 2026, tracked institutions in GRAYSCALE BITCOIN TRUST ETF show 41 buyers versus 57 sellers — net outflows.

GRAYSCALE BITCOIN TRUST ETF

GBTC·389637109·US·ETF·Unknown - Unknown

103

Holders

(20 Elite)

$1.1B

Total Value

42% (98)

Consensus

41 buying - 57 selling

13F: Mar 31, 2026Insider & Congress: Updated regularly

Smart Money Verdict

View all

Held by 103 funds

20 elite

No recent insider, activist, or congressional trades found for this stock

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
HORIZON KINETICS ASSET MANAGEMENT LLC	Decreased	14M(-0.8%)	$738.9M	8.0%	+492.96%	0
LPL Financial LLC	Decreased	908,340(-7.0%)	$47.9M	0.0%	-11.85%	0
HighTower Advisors, LLC	Decreased	614,073(-1.0%)	$32.4M	0.0%	-13.13%	0
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	406,900(-21.9%)	$21.5M	0.0%	-30.97%	0
Wealthfront Advisers LLC	Decreased	341,133(-3.8%)	$18M	0.0%	+3.06%	0
Vident Advisory, LLC	Increased	303,100(+201x)	$16M	0.1%	-7.12%	54
JANE STREET GROUP, LLC	Increased	263,972(+1040.7%)	$13.9M	0.0%	-10.43%	45
Cresset Asset Management, LLC	Decreased	243,712(-0.1%)	$12.9M	0.1%	-14.66%	0
FWFocus Partners Wealth	Decreased	216,502(-2.1%)	$11.4M	0.0%	-7.67%	0
Mariner, LLC	Increased	186,939(+7.9%)	$9.9M	0.0%	-16.15%	30
COMMONWEALTH EQUITY SERVICES, LLC	Decreased	178,803(-13.8%)	$9.4M	0.0%	-13.56%	0
Cetera Investment Advisers	Decreased	174,477(-5.7%)	$9.2M	0.0%	-33.60%	0
Lido Advisors, LLC	Increased	165,469(+3.9%)	$8.7M	0.0%	-26.73%	29
Creative Planning	Decreased	131,791(-3.1%)	$7M	0.0%	-27.76%	0
Sequoia Financial Advisors, LLC	Increased	127,176(+6.9%)	$6.7M	0.0%	-13.54%	29
IEQ CAPITAL, LLC	Unchanged	117,106	$6.2M	0.0%	-36.90%	0
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	Decreased	115,300(-37.6%)	$6M	0.0%	-18.39%	0
BLAIR WILLIAM & CO/IL	Decreased	107,079(-0.2%)	$5.6M	0.0%	-13.42%	0
Qube Research & Technologies Ltd	New	106,452	$5.6M	0.0%	-6.81%	37
Kestra Advisory Services, LLC	Increased	105,842(+5.1%)	$5.6M	0.0%	-18.03%	28