Questions regarding the GBTC/BTC spin-off?
Contact us at info@grayscale.com or call 866-775-0313 if you have any questions.
For brokers & shareholders:
- BTC Report of Organizational Actions Affecting Basis (Form 8937 Comparable Information)
Grayscale Bitcoin Mini Trust ETF
Grayscale's low-cost *
Bitcoin Fund
Ticker:
BTC
Brokerage fees and other expenses may still apply.
Grayscale Bitcoin Mini Trust ETF, an exchange traded product, is not registered under the Investment Company Act of 1940 (or the ’40 Act) and therefore is not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds.
*Low cost based on gross expense ratio at 0.15%.
Investment Strategy
Grayscale Bitcoin Mini Trust ETF is solely and passively invested in Bitcoin. Its investment objective is to reflect the value of Bitcoin held by the Trust, less expenses and other liabilities.
Bitcoin is a digital asset that is created and transmitted through the operations of the peer-to-peer Bitcoin Network, a decentralized network of computers that operates on cryptographic protocols. The Bitcoin Network allows people to exchange tokens of value, Bitcoins, which are recorded on a public transaction ledger known as a Blockchain.
$
0
Market Price
As of 11/20/2024
0
%
1 Day Market Price Change
As of 11/20/2024
0
%
Sponsor's Fee
As of 11/20/2024
Why BTC?
Lowest Cost
BTC is the lowest-cost Bitcoin exchange-traded product in the world, offering the lowest cost of ownership for investors.
Convenience
Gain exposure to Bitcoin in the form of an investment fund, and access it directly in your brokerage account.
Specialist Sponsor
BTC is sponsored by Grayscale, one of the world’s leading crypto asset managers with a decade of experience operating crypto investment products.
Name
Grayscale Bitcoin Mini Trust ETF
Distribution Frequency
None
Ticker
BTC
Trust Inception Date
07/31/2024
Primary Listing Market
NYSE ARCA
CUSIP
389930207
ISIN
US3899301085
ETF Listing Date
07/31/2024
Key Fund Information
As of 11/20/2024
Assets Under Management (Non-GAAP)
$3,448,478,756.83
Sponsor
Grayscale Investments, LLC
Shares Outstanding
82,430,020
Index Provider
CoinDesk Indices, Inc.
Sponsor's Fee
0.15%
Fund Administrator
BNY
Total Bitcoin in Trust
36,538.7978
Digital Asset Custodian
Coinbase Custody Trust Company, LLC
Bitcoin per Share
0.00044327
Marketing Agent
Foreside Fund Services, LLC
Base Currency
USD
Performance
Daily Performance
As of 11/20/2024
Net Asset Value (NAV) per Share
$41.84
XBX Index Price
$94,378.55
NAV per Share 1D Change ($)
$0.79
Daily Volume (Shares)*
1,355,110
NAV per Share 1D Change (%)
1.92%
Market Price 1D Change ($)
$0.74
Market Price
$41.84
Market Price 1D Change (%)
1.80%
Premium / Discount (%)
0.00%
GAAP AUM
$3,448,556,949.81
30D Median Bid/Ask Spread (%)
––
GAAP NAV per Share
$41.84
*Trading generally takes place throughout the normal trading hours (typically 9:30am – 4:00pm EST). Daily volume shares is updated between 1am and 5am EST to reflect previous trading day activity.
Median 30 Day Spread is a calculation of BTC's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
GAAP AUM and GAAP NAV Per Share represents the applicable Product’s principal market price and is calculated using a GAAP methodology. For additional information, see the applicable Product’s financial statements.
Since inception is the ETP listing date of 7/31/2024.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Shares of any ETP are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns. Benchmark Index refers to The CoinDesk XBX Index which provides a USD-denominated reference rate for the spot price of Bitcoin (BTC). The index leverages real-time prices from multiple constituent trading platforms to provide a representative spot price.
How to Invest in BTC
Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) trades on NYSE Arca and is available through your brokerage account. To invest, click below to be redirected to brokerage platforms or search for BTC on your platform of choice.
FAQs
Have more questions? Please reach out to our Investor Relations team at info@grayscale.com