GBTC
GBTC ETF
Grayscale Bitcoin Trust ETF: converted from a trust to an ETF in January 2024, at 1.50%. The fee is six times IBIT and FBTC. Grayscale's only structural advantage is the longest track record for institutional Bitcoin exposure; it was the dominant option before spot ETFs existed. For a new position, IBIT or FBTC at 0.25% is the correct choice. GBTC at 1.50% is the cost of legacy infrastructure.
✓ Who it's actually for
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Editorial opinion based on documented fund characteristics, not personalized investment advice. ETF BFF is not a registered investment advisor.
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📈 Performance history
Annualized where notedReturns are price-based and exclude dividend reinvestment. Total return will typically be higher by approximately the fund's annual yield. Past performance does not guarantee future results.
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❓ Questions people actually ask about this ETF
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The GBTC expense ratio is shown in the fact sheet above. It is expressed as an annual percentage of assets under management and is deducted automatically from the fund's returns. What expense ratios cover, and what a good one looks like →
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Grayscale Bitcoin Trust ETF: converted from a trust to an ETF in January 2024, at 1.50%. The fee is six times IBIT and FBTC. Grayscale's only structural advantage is the longest track record for institutional Bitcoin exposure; it was the dominant option before spot ETFs existed. For a new position, IBIT or FBTC at 0.25% is the correct choice. GBTC at 1.50% is the cost of legacy infrastructure. Past performance does not guarantee future results. Educational only, not personalized investment advice. ETF BFF is not a registered investment advisor.
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GBTC performance history including 1-year, 3-year, and 5-year annualized returns is shown in the chart on this fact sheet. Past performance does not guarantee future results. Educational only, not personalized investment advice.
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GBTC's assets under management (AUM) are shown on this fact sheet. AUM reflects total investor dollars in the fund. Larger AUM generally means better liquidity and lower trading costs. Educational only, not personalized investment advice.
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GBTC's dividend yield and payment schedule are shown in the key facts section of this fact sheet. ETF dividends are passed through from the fund's underlying holdings. Not all ETFs pay dividends. Educational only, not personalized investment advice.
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Use the ETF BFF comparison tool at etfbff.com/research/compare/ to run a side-by-side analysis of GBTC against similar ETFs, covering expense ratios, holdings overlap, performance history, and our plain-English verdict on which one fits your goals.
All answers are educational and general in nature, not personal financial advice. Always verify data with the fund issuer and do your own research before investing.