Bullish

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed August 19, 2026), Bullish reported 4 stock positions worth $211.5 million. Its top holding was Grayscale Bitcoin Mini ETF (BTC) at 64.1% of the portfolio, followed by Grayscale Coindesk 5 ETF (GDLC, 33.3%) and Proshares Coindesk 20 Crypto (KRYP, 1.9%). Compared with Q4 2025, it opened 1 new position. The biggest buy was a new position in Proshares Coindesk 20 Crypto (KRYP).

Most Recent 13F
Q2 2026
Location
GEORGE TOWN, E9
CIK
0001872195
Portfolio Value
$211.5M (Q1 2026)
SEC Filing
0000929638-26-003154 ↗ filed Aug 19, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q4 2025: $270.4M Q4 2025 Q1 2026: $211.5M $211.5M Q1 2026 Q2 2026: $178.2M Q2 2026

Holdings 4 stocks · $211.5M
BTC Grayscale Bitcoin Mini ETF 64.15% 4,523,963 $135.7M No change
GDLC Grayscale Coindesk 5 ETF 33.26% 2,255,000 $70.3M No change
KRYP Proshares Coindesk 20 Crypto 1.87% 190,000 $4.0M New
IBIT iShares Bitcoin Trust ETF 0.73% 40,000 $1.5M No change

Portfolio Sells Q4 2025 → Q1 2026
None this quarter.

Portfolio Buys Q4 2025 → Q1 2026
KRYP Proshares Coindesk 20 Crypto New 1.87% +1.87

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$178.2MBTC, GDLC, IBIT
Q1 2026 4$211.5MBTC, GDLC, KRYP, IBIT
Q4 2025 3$270.4MBTC, GDLC, IBIT