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GBTCAlternatives

Grayscale Bitcoin Trust ETF

$59.80

 

52-week range

Twelve months

Assets under management
$10.1B
Expense ratio
1.50%
NAV
$59.80
Inception
Sep 25, 2013
Issuer
Grayscale
Asset class
Alternatives
Exchange
Average volume
2.0M
Volume
50-day average
200-day average
Day range
Previous close
Domicile
US
Official page
etfs.grayscale.com

About this fund

The Grayscale Bitcoin Trust ETF offers dedicated, passive investment exposure solely to Bitcoin. Its primary goal is to replicate the market price of the Bitcoin assets held by the Trust, net of all associated costs and financial obligations. Bitcoin itself is a digital asset, brought into existence and circulated via the peer-to-peer Bitcoin Network. This network operates as a decentralized collection of computers, secured by cryptographic protocols, allowing users to exchange Bitcoins—digital tokens of value—which are permanently recorded on a transparent public transaction ledger known as a Blockchain.

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Questions

What is the expense ratio of GBTC?

GBTC charges 1.50% per year. The fee is taken out of the fund's assets, so it shows up as a small drag on performance rather than as a separate bill.

How large is GBTC?

The fund manages $10.1B. Size matters mainly for liquidity: larger funds tend to trade with tighter spreads and are less likely to be closed by the issuer.

Market data is provided for information only and is not investment advice. Figures can be delayed or restated by the data provider.

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