ParaFi Capital LP: GRAYSCALE BITCOIN MINI TR ET (BTC): Quarterly 13F Position History
As of Q1 2026, ParaFi Capital LP reported 520,000 shares of GRAYSCALE BITCOIN MINI TR ET (BTC), worth $15.6M and representing 4.9% of its 13F equity book. The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 520,000Shares Held (Latest Filing)
- $15.6MReported Market Value (Latest Filing)
- 4.9%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$4.5MQuarter-over-Quarter Value Change
- 520,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 520,000 | 0 | — | $15.6M | 4.9% | $30.0 |
| Q4 2025 | 520,000 | 0 | — | $20.1M | 5.6% | $38.7 |
| Q3 2025 | 520,000 | 0 | — | $26.3M | 5.7% | $50.6 |
| Q2 2025 | 520,000 | +100,000 | +23.8% | $24.8M | 4.6% | $47.8 |
| Q1 2025 | 420,000 | 100,000 | -19.2% | $15.3M | 7.5% | $36.5 |
| Q4 2024 | 520,000 | — | — | $21.8M | 5.2% | $41.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did ParaFi Capital LP first disclose a BTC position in 13F-HR filings?
ParaFi Capital LP first reported GRAYSCALE BITCOIN MINI TR ET (BTC) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was ParaFi Capital LP's most recent quarter-over-quarter share-count change in BTC?
ParaFi Capital LP held the same 520,000 shares of BTC between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent ParaFi Capital LP's cost basis in BTC?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.