Grayscale Bitcoin Trust ETF 3Q 2026: Net income $3.23B — 10-Q Summary
Grayscale Bitcoin Trust ETF reported a net income of $3.23B for 3Q 2026, up 179.5% YoY, driven by Bitcoin's price appreciation. The Trust held 126,987.94242991 Bitcoin as of September 30, 2026, with Bitcoin's price at $83,550.15. Redemptions and fees partially offset gains.
How this was made

The 30-second read
Why it matters
The earnings beat and rising Bitcoin price provide a catalyst for GBTC's share price, with potential upside if market sentiment remains bullish on crypto.
Market read
The filing delivers fresh, material data that can move GBTC and influence broader crypto‑linked equities.
What to watch
Redemptions of 14.96M shares could offset inflows and affect NAV.
Background
Grayscale Bitcoin Trust ETF filed its Q3 2026 10‑Q, reporting net income and Bitcoin holdings.
Ticker impact
10-Q filing shows Q3 net income of $3.23B, up 179.5% YoY, and Bitcoin price rise to $83,550, indicating strong earnings momentum.
likely upward pressure as market prices in higher net income and Bitcoin valuation.
The disclosed net income and Bitcoin price increase are fresh, material data that can move the trust's shares.
Market effects
Boosts sentiment for Bitcoin‑linked products and crypto exposure funds.
U.S. investors may increase allocation to crypto trusts following strong earnings.
Highlights Bitcoin price strength, influencing global crypto markets.
Counterpoint
If Bitcoin price stalls, the trust's premium may compress despite earnings beat.
Key entities
- companyGrayscale Bitcoin Trust ETF
A publicly traded Bitcoin trust listed on the NYSE under ticker GBTC.





