Grayscale Bitcoin Trust

GBTC
Grayscale Bitcoin Trust

Price: $56.74
Change: $0.86 (-0.01%)
Category: Currency
Last Updated:

Vitals

Issuer Digital Currency Group, Inc.
Brand Grayscale
Structure ETF
Expense Ratio 1.50%
ETF Home Page Home page
Inception Jan 11, 2024
Index Tracked CME CF Benchmarks Bitcoin Reference Rate-New York Variant

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Currency
Asset Class Currency
Region (General) Global
Region (Specific) Broad
Currency Cryptocurrency

FactSet Classifications

Segment Currency: Long Bitcoin, Short USD
Category Pair
Focus Long BTC, Short USD
Niche In Specie
Strategy Vanilla
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $12.86
  • 52 Week Hi $65.61
  • AUM $19,303.6 M
  • Shares 335.2 M

Historical Trading Data

  • 1 Month Avg. Volume 10,808,561
  • 3 Month Avg. Volume 15,355,052

Alternative ETFs in the ETF Database Currency Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FBTC 0.00% $9.9 B 11 M N/A
Largest (AUM) IBIT 0.12% $17.6 B 40 M N/A
Most Liquid (Volume) IBIT 0.12% $17.6 B 40 M N/A
Top YTD Performer ARKA 0.70% $16.8 M 6,067 46.33%

Alternative ETFs in the FactSet Currency: Long Bitcoin, Short USD Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest IBIT 0.12% $17.6 B 40 M N/A
Largest (AUM) IBIT 0.12% $17.6 B 40 M N/A
Most Liquid (Volume) IBIT 0.12% $17.6 B 40 M N/A
Top YTD Performer BITC 0.85% $1.3 M 11,800 46.16%

Holdings data for this ETF is not available.

GBTC Valuation

This section compares the P/E ratio of this ETF to its peers.

GBTC
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

GBTC Dividend

This section compares the dividend yield of this ETF to its peers.

GBTC ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.60 $ 0.21
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 1.26 $ 0.21
Annual Dividend Yield N/A 2.98% 0.42%

GBTC Price and Volume Charts

View charts featuring GBTC price and volume data.

GBTC Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -417.48 M 1 Month Net Flows: -3.3 B 3 Month Net Flows: -12.71 B 6 Month Net Flows: -17.01 B 1 Year Net Flows: -17.01 B 3 Year Net Flows: -17.01 B 5 Year Net Flows: -17.01 B 10 Year Net Flows: -17.01 B

GBTC Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 613.53 M
1 Month Net AUM Change: -3.58 B
3 Month Net AUM Change: -1.2 B
6 Month Net AUM Change: -7.15 B
1 Year Net AUM Change: -7.15 B
3 Year Net AUM Change: -7.15 B
5 Year Net AUM Change: -7.15 B
10 Year Net AUM Change: -7.15 B

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for GBTC on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Currency with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A BITO
Expenses C BTCW
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

GBTC Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

GBTC
Expense Ratio
1.50%
ETF Database Category Average
Expense Ratio
0.64%
FactSet Segment Average
Expense Ratio
0.44%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

GBTC does not have an ESG score. There are no ESG themes that map to this ETF.

GBTC Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

GBTC ETF Database
Category Average 		Factset Segment
Average
1 Month Return -10.42% -6.66% -9.53%
3 Month Return 60.10% 31.42% 53.58%
YTD Return 63.89% 11.63% 11.00%
1 Year Return 245.13% 17.67% 33.94%
3 Year Return 10.21% -0.16% 1.02%
5 Year Return 52.06% 1.56% 5.21%

Geographic Exposure

The following charts reflect the geographic spread of GBTC's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of GBTC's underlying holdings.

GBTC Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 167.31%
20 Day Volatility 53.19%
50 Day Volatility 61.94%
200 Day Volatility 57.78%
Beta N/A
Standard Deviation 15.57%
 
View Detailed Analysis
 
5 Day Volatility
167.31%
Rank
13 of 32
Low
FXF (11.83%)
High
AETH (184.51%)
20 Day Volatility
53.19%
Rank
10 of 32
Low
USDU (4.76%)
High
EETH (65.01%)
50 Day Volatility
61.94%
Rank
19 of 32
Low
USDU (4.37%)
High
EETH (68.90%)
200 Day Volatility
57.78%
Rank
8 of 23
Low
FXC (5.17%)
High
SETH (63.71%)
Beta
No Ranking Available
Rank
N/A
Low
DEFI (-4.51)
High
BITI (5.24)
Standard Deviation
15.57%
Rank
1 of 16
Low
UDN (0.27%)
High
GBTC (15.57%)

 
View Summary Analysis
 

Technicals

  • 20 Day MA $59.05
  • 60 Day MA $54.80
  • MACD 15 Period -1.95
  • MACD 100 Period 9.34
  • Williams % Range 10 Day 45.98
  • Williams % Range 20 Day 67.70
  • RSI 10 Day 44
  • RSI 20 Day 50
  • RSI 30 Day 53
  • Ultimate Oscillator 54

Bollinger Bands

  • Lower Bollinger (10 Day) $54.39
  • Upper Bollinger (10 Day) $59.81
  • Lower Bollinger (20 Day) $54.14
  • Upper Bollinger (20 Day) $64.00
  • Lower Bollinger (30 Day) $54.50
  • Upper Bollinger (30 Day) $64.38

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $55.58
  • Resistance Level 1 n/a
  • Resistance Level 2 $58.26

Stochastic

  • Stochastic Oscillator %D (1 Day) 45.88
  • Stochastic Oscillator %D (5 Day) 42.36
  • Stochastic Oscillator %K (1 Day) 48.28
  • Stochastic Oscillator %K (5 Day) 50.17

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.03
  • Maximum Premium Discount (%) 0.29
  • Average Spread (%) 1.25
  • Average Spread ($) 1.25

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the GBTC ETF home page for more information.

Data Lineage

ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.

Have Questions? Contact Us.

Powered By:

FactSet
Barchart

Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
© 2024 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.
Content continues below advertisement
Our Sites
Tools
More Tools
Explore ETFs
Information