Key stats
About Grayscale Bitcoin Trust (BTC)
Home page
Inception date
Jan 11, 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
Established in 2013, GBTC boasts a lengthy track record as one of the pioneering publicly traded Bitcoin funds. Functioning as one of the initial securities exclusively and passively dedicated to Bitcoin, Grayscale Bitcoin Trust allows investors to participate in BTC while eliminating the complexities associated with the direct acquisition, storage, and safekeeping of BTC. As an actively traded spot Bitcoin ETF, GBTC provides investors with considerable flexibility in managing their positions.
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
GBTC assets under management is 19.63 B USD. It's risen 9.59% over the last month.
GBTC fund flows account for −5.44 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, GBTC doesn't pay dividends to its holders.
GBTC shares are issued by Digital Currency Group, Inc. under the brand Grayscale. The ETF was launched on Jan 11, 2024, and its management style is Passive.
GBTC expense ratio is 1.50% meaning you'd have to pay 1.50% of your investment to help manage the fund.
GBTC follows the CoinDesk Bitcoin Price Index - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GBTC price has risen by 10.58% over the last month, and its yearly performance shows a 35.98% increase. See more dynamics on GBTC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.98% over the last month, showed a 23.94% increase in three-month performance and has increased by 11.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.98% over the last month, showed a 23.94% increase in three-month performance and has increased by 11.31% in a year.
GBTC trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.