GBTC 13F Hedge Fund & Institutional Ownership (2024)

FAQs

Who are the institutional holders of GBTC? ›

Institutional and Fund Ownership - Buyers

Safra Sarasin Holding AG, Harber Asset Management Llc, Nbc Securities, Inc., Citadel Advisors Llc, Cerity Partners LLC, Sanctuary Advisors, LLC, Abacus Planning Group, Inc., and InterOcean Capital Group, LLC .

According to the latest TipRanks data, approximately 88.38% of Grayscale Bitcoin Trust (GBTC) stock is held by retail investors. Who owns the most shares of Grayscale Bitcoin Trust (GBTC)? Cathie Wood owns the most shares of Grayscale Bitcoin Trust (GBTC).

Institutional Ownership and Shareholders

Grayscale Bitcoin Trust (BTC) (US:GBTC) has 687 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 60,054,252 shares.

Funds of hedge funds offer a broader group of investors the opportunity to access the potential benefits of hedge funds, including: Uncorrelated returns. Protection of capital in volatile markets – avoiding losses. Reduced portfolio volatility.

GBTC is sponsored by Grayscale, one of the the world's leading crypto asset managers with over a decade of experience operating crypto investment products.

Jan 22 (Reuters) - FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk reported , opens new tab on Monday.

Tracking Errors: FBTC's performance may not perfectly match Bitcoin's due to fees and market conditions. Limited Control: Investors do not have direct control over the Bitcoin held by the fund, which can be a drawback for those who prefer to manage their cryptocurrency holdings.

Grayscale Investments, LLC is the sponsor (the “Sponsor”) of the Trust, Delaware Trust Company is the trustee (the “Trustee”) of the Trust, The Bank of New York Mellon is the transfer agent (in such capacity, the “Transfer Agent”) and the administrator (in such capacity, the “Administrator”) of the Trust, Coinbase, Inc ...

BlackRock's aggressive acquisition of Bitcoin and Grayscale substantial outflows highlight the fluid nature of market dynamics.

Where is GBTC stored? ›

The Grayscale Bitcoin Trust ETF is classified as a spot Bitcoin ETF, meaning its primary holdings are actual Bitcoin rather than just futures based on Bitcoin's price. These Bitcoins are securely stored with Coinbase Custody Trust Company, LLC, which acts as the custodian for the assets.

GBTC Signals & Forecast

The Grayscale Bitcoin Invt Tr stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

One of the primary benefits of the institutional ownership of securities is their involvement is seen as being smart money. Portfolio managers often have teams of analysts at their disposal, as well as access to a host of corporate and market data most retail investors could only dream of.

Independent Asset Manager

BlackRock is an independently managed public company with no single majority stockholder. The PNC Financial Services Group, Inc. has a minority ownership stake in BlackRock with the remainder owned by institutional and individual investors, as well as BlackRock employees.

Overall, the consensus is that hedge funds will continue to grow but will adapt to lower fees, greater use of technology, and increased access to retail investors.

Peter Mintzberg is CEO of Grayscale Investments. Mintzberg joins Grayscale from Goldman Sachs, where he served as Global Head of Strategy for Asset and Wealth Management.

The ownership structure of Grayscale Ethereum Trust (ETH) (ETHE) stock is a mix of institutional, retail and individual investors. Approximately 2.70% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 97.30% is owned by Public Companies and Individual Investors.

It's available to individuals and institutions through brokerage accounts, IRAs, and 401(k)s. GBTC offers simplified bitcoin exposure but has downsides like high management fees and limited flexibility.