Grayscale Bitcoin Trust (GBTC)
Pioneer spot Bitcoin ETF from Grayscale with a long history and strong institutional presence. High AUM and established track record.
Key Facts
| Issuer | Grayscale |
|---|---|
| Ticker | GBTC (NYSE Arca) |
| Expense Ratio | 1.50% |
| Approx. AUM | $14B+ |
| Custodian | Coinbase Custody |
| Inception | 2013 (converted to ETF 2024) |
| Official Site | Grayscale GBTC Page |
Net Inflows & Outflows
Historical daily/weekly net flows showing institutional activity for GBTC.
Performance Overview
NAV tracking and returns vs. Bitcoin spot price (historical).
ESG & Sustainability Metrics
Estimated ESG ratings and carbon footprint (crypto ETFs often have limited ESG data).
Pros
- Pioneer in Bitcoin exposure with long history and strong brand recognition
- Significant AUM and institutional ownership
- Converted to ETF structure in 2024 with improved liquidity
- Established track record and transparency
Cons
- Higher 1.50% expense ratio compared to newer competitors
- Full exposure to Bitcoin price volatility
- Historical premium/discount issues before ETF conversion
- No direct Bitcoin ownership or withdrawal option
How to Buy GBTC
Available on all major U.S. brokers including Fidelity, Charles Schwab, Vanguard, Robinhood, eToro, Interactive Brokers, and more. Simply search ticker GBTC.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.