NYSEARCA:GBTC

Grayscale Bitcoin Trust (GBTC) Price, Holdings, & News

$55.32
+2.46 (+4.65%)
(As of 05/3/2024 ET)
Today's Range
$54.50
$55.46
50-Day Range
$48.63
$65.59
52-Week Range
$12.86
$65.61
Volume
6.28 million shs
Average Volume
16.33 million shs
Market Capitalization
$28.25 billion
Assets Under Management
N/A
Dividend Yield
N/A
Net Expense Ratio
1.50%
GBTC stock logo

About Grayscale Bitcoin Trust (NYSEARCA:GBTC)

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.

GBTC Stock Price History

GBTC ETF News Headlines

Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Fund Details

Issuer
Grayscale Advisors
Fund Name
Grayscale Bitcoin Trust
Tax Classification
Grantor Trust
Current Symbol
NYSEARCA:GBTC
Inception Date
1/11/2024
Fund Manager
N/A
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Currency
Benchmark
CoinDesk Bitcoin Price Index
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$0.00
Average Daily Volume
$0.00
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
N/A
Custodian
The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC
Distributor
N/A
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Miscellaneous

Beta
0.92
Creation Unit
10,000
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Grayscale Bitcoin Trust Expenses

TypeGBTCCryptocurrency ETFsCurrency ETFsNYSEARCA ETFsAll ETFs
Management Fee1.50%0.75%0.69%0.50%0.51%
Other Expenses0.00%1.09%0.26%0.64%0.58%
Total Expense1.50%1.17%0.77%0.74%0.70%
Fee Waiver0.00%-0.23%-0.22%-0.69%-0.57%
Net Expense1.50%1.35%0.79%0.58%0.58%

Grayscale Bitcoin Trust (GBTC)


GBTC ETF - Frequently Asked Questions

How have GBTC shares performed in 2024?

Grayscale Bitcoin Trust's stock was trading at $34.62 at the start of the year. Since then, GBTC stock has increased by 59.8% and is now trading at $55.32.
View the best growth stocks for 2024 here
.

What does GBTC invest in?

Grayscale Bitcoin Trust is a currency fund issued by Grayscale Advisors. GBTC focuses on cryptocurrency investments and follows the CoinDesk Bitcoin Price Index.

What is the management fee for Grayscale Bitcoin Trust?

Grayscale Bitcoin Trust's management fee is 1.50% and has no other recorded expenses or fee waivers. The net expense ratio for GBTC is 1.50%.

When did Grayscale Bitcoin Trust's stock split?

Grayscale Bitcoin Trust shares split on the morning of Friday, January 26th 2018. The 91-1 split was announced on Thursday, January 11th 2018. The newly minted shares were issued to shareholders after the market closes on Thursday, January 25th 2018. An investor that had 100 shares of stock prior to the split would have 9,100 shares after the split.

Who are Grayscale Bitcoin Trust's major shareholders?

Grayscale Bitcoin Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sloy Dahl & Holst LLC (0.00%), Mad River Investors (0.00%), Global Assets Advisory LLC (0.00%), Cambridge Investment Research Advisors Inc. (0.07%), Commonwealth Equity Services LLC (0.06%) and Wealth Enhancement Advisory Services LLC (0.00%).

How do I buy shares of Grayscale Bitcoin Trust?

Shares of GBTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:GBTC) was last updated on 5/4/2024 by MarketBeat.com Staff

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