Key stats
About Grayscale Bitcoin Mini Trust (BTC)
Home page
Inception date
Jul 31, 2024
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Grayscale Investments LLC
BTC aims to track the spot price of Bitcoin, less expenses. It intends to provide exposure to Bitcoin without the complexities of investing directly. BTC owns and passively holds actual Bitcoin through their custodian. BTC does not trade, buy, sell or hold Bitcoin derivatives, including Bitcoin futures contracts. Holdings are valued daily based on the CoinDesk Bitcoin Price Index (XBX), which provides a USD-denominated reference rate for the spot price of Bitcoin, which leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity. At the time of launch, the issuer spun off 10 percent of the assets in GBTC, reduced the expense ratio and handle in order to make the shares more appealing to retail investors. The fund’s expense ratio and tracking should be reviewed and considered for comparison purposes.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTC assets under management is 4.62 B USD. It's risen 16.02% over the last month.
BTC fund flows account for 1.40 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BTC doesn't pay dividends to its holders.
BTC shares are issued by Digital Currency Group, Inc. under the brand Grayscale. The ETF was launched on Jul 31, 2024, and its management style is Passive.
BTC expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
BTC follows the CoinDesk Bitcoin Cash Price Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTC price has risen by 10.53% over the last month, and its yearly performance shows a 56.92% increase. See more dynamics on BTC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.10% over the last month, showed a 24.34% increase in three-month performance and has increased by 11.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.10% over the last month, showed a 24.34% increase in three-month performance and has increased by 11.93% in a year.
BTC trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.