Grayscale BTC Position Change
January 2024 BTC Holdings 619,200 BTC
January 2025 BTC Holdings 205,400 BTC One year reduction of 66.8%
July 2025 Current Grayscale Holdings 184,200 BTC Overall reduction this year of 10.3%
Top Grayscale institutions are unloading rapidly, with a large outflow of GBTC holdings. Is the bull market really over?
