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Grayscale Bitcoin Trust ETF

GBTC
Learn more about Grayscale Bitcoin Trust ETF's (GBTC) price performance, volume, premium rate, inflows and outflows, and other key data indicators.

GBTC price today and history

$83.5 -2.52 (-2.93%)
1D
7D
1Y
Open price$84.22
Day's high$84.69
Close price$83.93
Day's low$82.49
YTD % change+9.24%
52-week high$99.12
1-year % change+53.15%
52-week low$53.37
The latest price of GBTC is $83.5 , with a change of -2.93% in the last 24 hours. The 52-week high for GBTC is $99.12 , and the 52-week low is $53.37 .

Today's GBTC premium/discount to NAV

Shares outstanding218.82M GBTC
BTC holdings171.41K BTC
NAV per share$85.99
BTC change (1D)
-101.05 BTC(-0.06%)
Premium/Discount+0.03%
BTC change (7D)
-731.03 BTC(-0.42%)

GBTC volume

Volume (GBTC)5.05M (GBTC)
10-day average volume (GBTC)34.59K (GBTC)
Volume (USD)$421.93M
10-day average volume (USD)$2.89M

GBTC net flow

Time (UTC)Net flow (USD)Net flow (BTC)
2025-11-03
$0.00
0.00 BTC
2025-10-31
+$6.9M
+62.98 BTC
2025-10-30
-$10M
-92.37 BTC
2025-10-29
-$65M
-590.99 BTC
2025-10-28
$0.00
0.00 BTC
2025-10-27
$0.00
0.00 BTC
2025-10-24
$0.00
0.00 BTC
2025-10-23
-$60.5M
-549.87 BTC
2025-10-22
-$56.6M
-526.35 BTC
2025-10-21
$0.00
0.00 BTC
2025-10-20~2024-01-11
-$24.45B
-410.97K BTC
Total
-$24.64B
-412.67K BTC

What is Grayscale Bitcoin Trust ETF (GBTC)

Trading platform
ARCX
Asset class
Spot
Assets under management
$18.82B
Expense ratio
1.5%
Issuer
Grayscale Investments, LLC
Fund family
Grayscale
Inception date
2013-09-25
ETF homepage
GBTC homepage

Grayscale Bitcoin Trust ETF (Tricker: GBTC) is solely and passively invested in Bitcoin. Its investment objective is to reflect the value of Bitcoin held by the Trust.

Grayscale Bitcoin Trust's purpose is to hold Bitcoins, which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin Network, a decentralized network of computers that operates on cryptographic protocols.

GBTC is one of the first spot Bitcoin ETPs in the US. A spot Bitcoin ETP is solely and passively invested in Bitcoin, whose shares are designed to reflect the value of BTC held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities.

GBTC allows investors to gain exposure to Bitcoin through a familiar investment vehicle, without the need to set up an account or wallet on a cryptocurrency trading platform. Similar to how investors use ETPs to hold other commodities, like gold or silver, they can now invest in Bitcoin through GBTC.

GBTC does not trade, buy, sell or hold Bitcoin derivatives, including Bitcoin futures contracts. This product is not levered.

First to Trade: GBTC was the first spot Bitcoin exchange-traded product to commence trading in the US.

Long Operating History: Created in 2013, GBTC has a long operating history as the first publicly-traded Bitcoin fund in the US.

Specialist Sponsor: GBTC is sponsored by Grayscale, one of the the world’s leading crypto asset managers with over a decade of experience operating crypto investment products.

FAQ

Are there tax implications for investing in the Grayscale Bitcoin Trust ETF?

Yes, investing in the Grayscale Bitcoin Trust ETF may have tax implications, such as capital gains taxes when you sell your shares. It's important to consult a tax advisor for personalized advice.

What impact does the Grayscale Bitcoin Trust ETF have on Bitcoins price?

The trust can influence Bitcoin's price indirectly by driving demand, as its ability to attract institutional investments can lead to increased buying pressure in the underlying Bitcoin market.

How do I buy shares of the Grayscale Bitcoin Trust ETF?

You can buy shares of the Grayscale Bitcoin Trust ETF through a brokerage account that allows trading of public stocks. It is not directly available on cryptocurrency exchanges like Bitget.

What is the management fee for the Grayscale Bitcoin Trust ETF?

The management fee for the Grayscale Bitcoin Trust ETF is 2.0% per year, which is deducted from the assets of the trust.

Can I hold Grayscale Bitcoin Trust ETF shares in my cryptocurrency wallet?

No, shares of the Grayscale Bitcoin Trust ETF are held in a brokerage account, similar to traditional stocks, and cannot be stored in a cryptocurrency wallet.

What are the risks associated with investing in the Grayscale Bitcoin Trust ETF?

Risks include market volatility, potential premium or discount to net asset value, regulatory changes, and the performance of Bitcoin itself, which can be highly volatile.

Is the Grayscale Bitcoin Trust ETF available on Bitget Exchange?

No, the Grayscale Bitcoin Trust ETF is a stock market product and is typically listed on traditional exchanges, not cryptocurrency exchanges like Bitget. However, you can trade Bitcoin itself on Bitget.

What are the benefits of investing in the Grayscale Bitcoin Trust ETF?

The benefits include easier access for traditional investors, potential tax advantages, and the security of holding Bitcoin in a regulated trust structure without the need to manage private keys.

How does the Grayscale Bitcoin Trust ETF work?

The trust buys and holds Bitcoin, and its value is based on the amount of Bitcoin held per share. Investors can buy shares of the trust, which provides a way to invest in Bitcoin through traditional brokerage firms.

What is the Grayscale Bitcoin Trust ETF?

The Grayscale Bitcoin Trust ETF is an investment vehicle that allows investors to gain exposure to Bitcoin without directly buying the cryptocurrency. It holds Bitcoin in a trust and issues shares, which are traded on stock exchanges.

Who is Gragscale?

Grayscale enables investors to access the digital economy through a family of registered and future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as a leading crypto asset manager. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure.

What are the product’s fees?

GBTC charges an annual management fee of 1.50%, which includes all of the costs associated with administration and safekeeping of the underlying Bitcoin. There are no other fees.

What is the difference in purchasing GBTC as opposed to purchasing Bitcoin outright?

GBTC allows investors to gain exposure to Bitcoin through a familiar investment vehicle, without the need to set up an account or wallet on a cryptocurrency exchange. Investors may choose GBTC if they prefer the convenience of accessing all their investments on their regular investment platform and purchasing a registered investment product.

What index does GBTC track?

GBTC tracks the CoinDesk Bitcoin Price Index (XBX), which provides a USD-denominated reference rate for the price of spot Bitcoin.

Where can I buy GBTC?

GBTC trades on NYSE Arca, and is available through most brokerage accounts, including Fidelity, Schwab, Robinhood, and others. 

What was GBTC pre-ETP?

From 2015 until 1/11/2024, shares of GBTC were publicly-quoted on the OTCQX Market. On 1/11/2024, GBTC was uplisted to NYSE Arca as a spot Bitcoin ETP. It now creates and redeems shares on an ongoing basis as part of its ETP structure.

Grayscale Bitcoin Trust ETF news

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