Vault-13

BITWISE BITCOIN ETF TR BITB

SHS BEN INT · ETP · CUSIP 09174C104

299 institutional holders -15 vs Q4 2025
20,501,52120.5m shares reported held*
$757.5mreported value*
39 new 149 added 57 reduced 54 sold out net sold ≈ $45.2m (-1.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $36.95. Options: 6 managers hold calls ($20.9m notional), 6 hold puts ($5.0m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q1 24: 106Q2 24: 145Q3 24: 156Q4 24: 235Q1 25: 250Q2 25: 293Q3 25: 319Q4 25: 314Q1 26: 299299Q1 24Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q1 2024106
Q2 2024145
Q3 2024156
Q4 2024235
Q1 2025250
Q2 2025293
Q3 2025319
Q4 2025314
Q1 2026299

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 106 bought or addedQ2 24: 25 cut or sold outQ3 24: 95 bought or addedQ3 24: 38 cut or sold outQ3 24Q4 24: 154 bought or addedQ4 24: 42 cut or sold outQ1 25: 150 bought or addedQ1 25: 81 cut or sold outQ1 25Q2 25: 179 bought or addedQ2 25: 69 cut or sold outQ3 25: 187 bought or addedQ3 25: 80 cut or sold outQ3 25Q4 25: 186 bought or addedQ4 25: 130 cut or sold outQ1 26: 188 bought or addedQ1 26: 111 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202410625
Q3 20249538
Q4 202415442
Q1 202515081
Q2 202517969
Q3 202518780
Q4 2025186130
Q1 2026188111

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ2 25 calls: $32.6mQ2 25 puts: $14.3mQ2 25P/C 0.44Q3 25 calls: $34.8mQ3 25 puts: $15.4mQ3 25P/C 0.44Q4 25 calls: $48.4mQ4 25 puts: $14.7mQ4 25P/C 0.30Q1 26 calls: $20.9mQ1 26 puts: $5.0mQ1 26P/C 0.24
Numbers
QuarterCallsPutsP/C
Q2 2025$32.6m$14.3m0.44
Q3 2025$34.8m$15.4m0.44
Q4 2025$48.4m$14.7m0.30
Q1 2026$20.9m$5.0m0.24

Biggest buyers

Schonfeld Strategic Advisors LLC Added +1,180,000+1.2m
MORGAN STANLEY Added +452,080+452.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +286,690+286.7k
IMC-Chicago, LLC New +221,353+221.4k
WELLS FARGO & COMPANY/MN Added +198,535+198.5k
Beaird Harris Wealth Management, LLC Added +165,458+165.5k
PNC Financial Services Group, Inc. Added +153,599+153.6k
KALEIDOSCOPE CAPITAL LP Added +127,431+127.4k
BANK OF AMERICA CORP /DE/ Added +124,299+124.3k
GARDA CAPITAL PARTNERS LP New +92,000+92.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -2,632,330-2.6m
Tidal Investments LLC Sold out -479,204-479.2k
JANE STREET GROUP, LLC Sold out -436,714-436.7k
Sculptor Capital LP Sold out -321,399-321.4k
JOURNEY STRATEGIC WEALTH LLC Sold out -299,225-299.2k
Magnus Financial Group LLC Reduced -293,125-293.1k
ParaFi Capital LP Reduced -260,000-260.0k
CITADEL ADVISORS LLC Sold out -197,084-197.1k
Artemis Wealth Advisors, LLC Sold out -150,000-150.0k
HighTower Advisors, LLC Reduced -128,343-128.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.2m221.7k shares
CITADEL ADVISORS LLC Reduced $5.7m154.0k shares
SIMPLEX TRADING, LLC Reduced $3.3m88.5k shares
IMC-Chicago, LLC Reduced $2.3m63.4k shares
JANE STREET GROUP, LLC Reduced $960.7k26.1k shares
Walleye Trading LLC Reduced $478.5k13.0k shares

Biggest puts

JANE STREET GROUP, LLC Added $2.0m55.1k shares
IMC-Chicago, LLC Reduced $990.2k26.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $798.8k21.7k shares
CITADEL ADVISORS LLC Reduced $519.0k14.1k shares
Walleye Trading LLC Reduced $452.8k12.3k shares
SIMPLEX TRADING, LLC Reduced $220.9k6.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Schonfeld Strategic Advisors LLC 0.68% of their portfolio NEW YORK, NY 2,285,5122.3m $84.1m $84.1m 0.68% Added +1.2m +1,180,000
2 ParaFi Capital LP 19.67% of their portfolio NEW YORK, NY 1,700,0001.7m $62.6m $62.6m 19.67% Reduced -260.0k -260,000
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,019,6171.0m $37.5m $37.5m 0.01% Added +198.5k +198,535
4 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 972,849972.8k $35.8m $35.8m 0.03% Reduced -2.6m -2,632,330
5 Beaird Harris Wealth Management, LLC 2.34% of their portfolio DALLAS, TX 934,247934.2k $34.4m $34.4m 2.34% Added +165.5k +165,458
6 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 928,886928.9k $34.2m $34.2m 0.02% Added +153.6k +153,599
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 592,598592.6k $21.8m $21.8m 0.03% Added +286.7k +286,690
8 KALEIDOSCOPE CAPITAL LP 8.18% of their portfolio BOSTON, MA 577,211577.2k $21.2m $21.2m 8.18% Added +127.4k +127,431
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 455,631455.6k $16.8m $16.8m 0.00% Added +452.1k +452,080
10 Pine Ridge Advisers LLC 0.88% of their portfolio NEW YORK, NY 336,325336.3k $12.4m $12.4m 0.88% Unchanged
11 Consolidated Portfolio Review Corp 1.13% of their portfolio WOODBURY, NY 336,325336.3k $12.4m $12.4m 1.13% Unchanged
12 TRAPHAGEN INVESTMENT ADVISORS LLC 0.90% of their portfolio ORADELL, NJ 303,174303.2k $11.2m $11.2m 0.90% Added +47.3k +47,284
13 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 302,160302.2k $11.1m $11.1m 0.04% Added +11.4k +11,421
14 CWM, LLC 0.03% of their portfolio OMAHA, NE 282,917282.9k $10.4m $10.4m 0.03% Added +4.6k +4,566
15 Crumly & Associates Inc. 1.98% of their portfolio SPRINGFIELD, IL 256,201256.2k $9.4m $9.4m 1.98% Added +61.4k +61,350
16 Clear Creek Financial Management, LLC 0.70% of their portfolio SILVERDALE, WA 248,960249.0k $9.2m $9.2m 0.70% Added +55.4k +55,449
17 Refined Wealth Management 5.71% of their portfolio SALT LAKE CITY, UT 245,693245.7k $9.0m $9.0m 5.71% Added +45.9k +45,927
18 Elequin Capital, LP 0.78% of their portfolio NEW YORK, NY 230,080230.1k $8.5m $8.5m 0.78% Added +70.1k +70,080
19 Orion Porfolio Solutions, LLC 0.07% of their portfolio OMAHA, NE 224,693224.7k $8.3m $8.3m 0.07% Added +44.7k +44,729
20 IMC-Chicago, LLC 0.12% of their portfolio CHICAGO, IL 221,353221.4k $8.1m $8.1m 0.12% New
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 216,907216.9k $8.0m $8.0m 0.00% Added +124.3k +124,299
22 Fielder Capital Group LLC 1.64% of their portfolio NASHVILLE, TN 204,794204.8k $7.5m $7.5m 1.64% Added +921 +921
23 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 190,617190.6k $7.0m $7.0m 0.04% Added +68.3k +68,335
24 RPg Family Wealth Advisory, LLC 1.40% of their portfolio BURLINGTON, MA 182,186182.2k $6.7m $6.7m 1.40% Added +3.7k +3,709
25 UNIQUE WEALTH, LLC 0.91% of their portfolio TAMPA, FL 178,741178.7k $6.6m $6.6m 0.91% Added +46.1k +46,121
26 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 177,211177.2k $6.5m $6.5m 0.02% Added +62.9k +62,883
27 Avenir Tech Ltd 0.81% of their portfolio CENTRAL, HONG KONG, K3 173,163173.2k $6.4m $6.4m 0.81% Unchanged
28 Ankerstar Wealth, LLC 6.54% of their portfolio LEANDER, TX 168,268168.3k $6.2m $6.2m 6.54% Reduced -47.8k -47,812
29 Vise Technologies, Inc. 0.15% of their portfolio NEW YORK, NY 165,386165.4k $7.9m $7.9m 0.15% Unchanged
30 IEQ CAPITAL, LLC 0.03% of their portfolio Foster City, CA 156,683156.7k $5.8m $5.8m 0.03% Added +44.5k +44,470
31 MAGNOLIA CAPITAL ADVISORS LLC 1.04% of their portfolio RIDGELAND, MS 143,762143.8k $5.3m $5.3m 1.04% Added +32.6k +32,599
32 Financial Management Professionals, Inc. 0.58% of their portfolio AUSTIN, TX 140,921140.9k $5.2m $5.2m 0.58% Added +39.4k +39,437
33 Carter Financial Group, INC. 3.10% of their portfolio BARRINGTON, IL 136,270136.3k $5.0m $5.0m 3.10% Added +1.3k +1,288
34 Farringdon Capital, Ltd. 1.09% of their portfolio LONDON, X0 135,704135.7k $5.0m $5.0m 1.09% Added +30.3k +30,296
35 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 134,567134.6k $5.0m $5.0m 0.04% Added +12.3k +12,272
36 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 115,424115.4k $4.2m $4.2m 0.00% Added +4.2k +4,190
37 BEAM WEALTH ADVISORS, INC. 1.04% of their portfolio COVINGTON, LA 113,163113.2k $4.2m $4.2m 1.04% Added +6.8k +6,751
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 112,777112.8k $4.1m $4.1m 0.01% Reduced -45.2k -45,163
39 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 112,551112.6k $4.1m $4.1m 0.00% Reduced -1.9k -1,929
40 Visionary Wealth Advisors 0.18% of their portfolio O'FALLON, IL 111,522111.5k $4.1m $4.1m 0.18% Reduced -821 -821
41 Summit Financial, LLC 0.05% of their portfolio PARSIPPANY, NJ 110,294110.3k $4.1m $4.1m 0.05% Added +12.1k +12,149
42 Betterment LLC 0.01% of their portfolio NEW YORK, NY 109,295109.3k $4.0m $4.0m 0.01% Added +30.4k +30,439
43 Kesler, Norman & Wride, LLC 0.63% of their portfolio OGDEN, UT 99,975100.0k $3.7m $3.7m 0.63% Reduced -383 -383
44 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 98,48198.5k $3.6m $3.6m 0.01% Reduced -60.9k -60,871
45 Wiser Wealth Management, Inc 0.77% of their portfolio MARIETTA, GA 97,53897.5k $3.6m $3.6m 0.77% Added +37.9k +37,883
46 White Knight Strategic Wealth Advisors, LLC 2.87% of their portfolio PRINCETON, NJ 92,50992.5k $3.4m $3.4m 2.87% Added +103 +103
47 GARDA CAPITAL PARTNERS LP 8.71% of their portfolio WAYZATA, MN 92,00092.0k $3.4m $3.4m 8.71% New
48 Soltis Investment Advisors LLC 0.22% of their portfolio ST. GEORGE, UT 90,12690.1k $3.3m $3.3m 0.22% Added +1.1k +1,123
49 MEITAV INVESTMENT HOUSE LTD 0.04% of their portfolio BENE-BERAQ, L3 86,88486.9k $3.2m $3.2m 0.04% Added +27.0k +26,989
50 RFG Advisory, LLC 0.06% of their portfolio BIRMINGHAM, AL 84,58284.6k $3.1m $3.1m 0.06% Added +80.2k +80,214
51 Kingsview Wealth Management, LLC 0.04% of their portfolio GRANTS PASS, OR 79,75779.8k $2.9m $2.9m 0.04% Added +15.8k +15,790
52 Salus Financial Advisors, LLC 1.70% of their portfolio COLORADO SPRINGS, CO 79,27679.3k $2.9m $2.9m 1.70% Added +35.4k +35,403
53 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 78,76478.8k $2.9m $2.9m 0.00% Reduced -128.3k -128,343
54 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.04% of their portfolio MINNEAPOLIS, MN 76,69376.7k $2.8m $2.8m 0.04% Added +13.8k +13,843
55 HIGHLINE WEALTH PARTNERS LLC 0.70% of their portfolio SHERMAN OAKS, CA 74,16974.2k $2.7m $2.7m 0.70% Added +4.4k +4,384
56 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 73,78773.8k $2.7m $2.7m 0.00% Added +373 +373
57 OPTIMA CAPITAL LLC 1.20% of their portfolio PORTLAND, OR 70,45570.5k $2.6m $2.6m 1.20% Added +5.1k +5,127
58 Balance Wealth Partners LLC 0.80% of their portfolio WORTHINGTON, OH 70,19070.2k $2.6m $2.6m 0.80% Added +12.9k +12,882
59 Winthrop Capital Management, LLC 0.64% of their portfolio Carmel, IN 68,06768.1k $2.5m $2.5m 0.64% Added +14.3k +14,288
60 KMG FIDUCIARY PARTNERS, LLC 0.18% of their portfolio TOLEDO, OH 66,07966.1k $2.4m $2.4m 0.18% Added +960 +960
61 Proficio Capital Partners LLC 0.12% of their portfolio NEWTON, MA 63,12963.1k $2.3m $2.3m 0.12% Reduced -24.5k -24,490
62 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 61,73061.7k $2.3m $2.3m 0.00% Reduced -8.6k -8,611
63 NewEdge Wealth, LLC 0.03% of their portfolio STAMFORD, CT 60,49560.5k $2.2m $2.2m 0.03% Added +52.9k +52,886
64 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 58,74658.7k $2.2m $2.2m 0.01% Added +28.7k +28,693
65 Advance Capital Management, Inc. 0.08% of their portfolio SOUTHFIELD, MI 57,35257.4k $2.1m $2.1m 0.08% Added +13.7k +13,746
66 MRP Capital Investments, LLC 1.72% of their portfolio ALPHARETTA, GA 53,62053.6k $2.0m $2.0m 1.72% Added +11.2k +11,220
67 a16z Perennial Management, L.P. 0.15% of their portfolio MENLO PARK, CA 50,50250.5k $1.9m $1.9m 0.15% Unchanged
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,25848.3k $1.7m $1.7m 0.00% Added +43.4k +43,386
69 Virtu Financial LLC 0.07% of their portfolio New York, NY 48,12048.1k $1.8m $1.8m 0.07% Added +37.8k +37,752
70 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 48,11248.1k $1.8m $1.8m 0.03% Added +3.7k +3,697
71 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 47,44647.4k $1.7m $1.7m 0.02% Added +11.2k +11,161
72 Embree Financial Group 0.20% of their portfolio Chicago, IL 45,71445.7k $1.7m $1.7m 0.20% Added +383 +383
73 Signature Wealth Management Group 0.64% of their portfolio ATLANTA, GA 45,44245.4k $1.7m $1.7m 0.64% Added +10.0k +10,039
74 Palatine Hill Wealth Management, LLC 1.44% of their portfolio BIRMINGHAM, MI 44,85644.9k $1.7m $1.7m 1.44% Reduced -4.9k -4,905
75 Well Done, LLC 0.24% of their portfolio HOLLAND, MI 43,62143.6k $1.6m $1.6m 0.24% Added +12.9k +12,937
76 CreativeOne Wealth, LLC 0.04% of their portfolio OVERLAND PARK, KS 42,33142.3k $1.6m $1.6m 0.04% Added +25.3k +25,345
77 FF Advisors,LLC 0.70% of their portfolio MANHATTAN BEACH, CA 41,15341.2k $1.7m $1.7m 0.70% Added +5.8k +5,828
78 LAKE STREET PRIVATE WEALTH, LLC 0.19% of their portfolio CHICAGO, IL 39,91539.9k $1.5m $1.5m 0.19% Added +9.0k +8,989
79 Precision Wealth Strategies, LLC 0.46% of their portfolio SAINT LOUIS, MO 38,05338.1k $1.4m $1.4m 0.46% Added +12.4k +12,379
80 WT Wealth Management 0.41% of their portfolio SCOTTSDALE, AZ 37,36937.4k $1.4m $1.4m 0.41% Reduced -30.6k -30,576
81 Claro Advisors Inc. 0.16% of their portfolio BOSTON, MA 37,05937.1k $1.4m $1.4m 0.16% Reduced -31.1k -31,057
82 Seal Cove Capital, LLC 1.14% of their portfolio PALO ALTO, CA 35,22535.2k $1.3m $1.3m 1.14% New
83 VANCE WEALTH, LLC 0.37% of their portfolio SANTA CLARITA, CA 35,19135.2k $1.3m $1.3m 0.37% Reduced -16.6k -16,599
84 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 34,34734.3k $1.3m $1.3m 0.01% Added +17.3k +17,298
85 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 33,48933.5k $1.2m $1.2m 0.01% Added +7.5k +7,497
86 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 32,04632.0k $1.2m $1.2m 0.03% Added +15.0k +14,969
87 BRANDYWINE OAK PRIVATE WEALTH LLC 0.10% of their portfolio Kennett Square, PA 32,03432.0k $1.2m $1.2m 0.10% Added +8.1k +8,085
88 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 30,94130.9k $1.1m $1.1m 0.08% Reduced -609 -609
89 DIVERSIFY WEALTH MANAGEMENT, LLC 0.02% of their portfolio SANDY, UT 29,60829.6k $1.2m $1.2m 0.02% New
90 PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC 0.14% of their portfolio MINNEAPOLIS, MN 28,64428.6k $1.1m $1.1m 0.14% Added +16.6k +16,645
91 Bonfire Financial 0.78% of their portfolio COLORADO SPRINGS, CO 28,03028.0k $1.0m $1.0m 0.78% Added +3.9k +3,873
92 Revisor Wealth Management LLC 0.28% of their portfolio AKRON, OH 27,98228.0k $1.0m $1.0m 0.28% Added +17.5k +17,514
93 Private Wealth Partners, LLC 0.08% of their portfolio MILL VALLEY, CA 26,67026.7k $981.7k $981.7k 0.08% Added +9.5k +9,520
94 Keel Point, LLC 0.07% of their portfolio HUNTSVILLE, AL 26,41526.4k $972.3k $972.3k 0.07% Added +9.6k +9,560
95 Wealth Watch Advisors, INC 0.40% of their portfolio ENGLEWOOD, CO 25,94325.9k $955.0k $955.0k 0.40% Added +4.1k +4,094
96 Capital Wealth Alliance, LLC 0.43% of their portfolio Scottsdale, AZ 25,64925.6k $944.1k $944.1k 0.43% Added +8.4k +8,422
97 Arax Advisory Partners 0.03% of their portfolio NEW YORK, NY 25,54225.5k $940.2k $940.2k 0.03% Reduced -3.7k -3,663
98 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 25,39925.4k $934.9k $934.9k 0.02% Added +3.5k +3,530
99 Mariner, LLC 0.00% of their portfolio Overland Park, KS 24,17924.2k $890.0k $890.0k 0.00% Reduced -5.7k -5,744
100 Mason & Associates Inc 0.17% of their portfolio LOS ANGELES, CA 23,85823.9k $861.5k $861.5k 0.17% Reduced -15.3k -15,346