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For brokers & shareholders:
- BTC Report of Organizational Actions Affecting Basis (Form 8937 Comparable Information)

Grayscale Bitcoin Mini Trust

Grayscale's low-cost *

Bitcoin Fund

$5.54

Market Price as of 10/04/2024

Ticker:

BTC

Brokerage fees and other expenses may still apply.

Grayscale Bitcoin Mini Trust ("BTC"), 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 (BTC) 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.
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    Market Price

    As of 10/04/2024

  • 0

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    1 Day Market Price Change

    As of 10/04/2024

  • 0

    %

    Sponsor's Fee

    As of 10/04/2024

Why BTC?

  • Low Fee

    BTC carries one of the lowest fees of all spot Bitcoin funds in the US market, offering investors a low cost of ownership.

  • Low Share Price

    BTC has one of the lowest share prices of all spot Bitcoin funds in the US market, allowing investors to achieve more precise Bitcoin exposure.

  • 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.

Overview

As of 10/04/2024

  • Name

    Grayscale Bitcoin Mini Trust

  • Distribution Frequency

    None

  • Ticker

    BTC

  • Trust Inception Date

    07/31/2024

  • Primary Listing Market

    NYSE ARCA

  • CUSIP

    389930108

  • ISIN

    US3899301085

  • ETF Listing Date

    07/31/2024

Key Fund Information

As of 10/04/2024

  • Assets Under Management (Non-GAAP)

    $2,106,230,029.13

  • Sponsor

    Grayscale Investments, LLC

  • Shares Outstanding

    380,640,100

  • Index Provider

    CoinDesk Indices, Inc.

  • Sponsor's Fee

    0.15%

  • Fund Administrator

    BNY

  • Total Bitcoin in Trust

    33,751.8095

  • Digital Asset Custodian

    Coinbase Custody Trust Company, LLC

  • Bitcoin per Share

    0.00008867

  • Marketing Agent

    Foreside Fund Services, LLC

  • Base Currency

    USD

Performance

Daily Performance

As of 10/04/2024

  • Net Asset Value (NAV) per Share

    $5.53

  • XBX Index Price

    $62,403.47

  • NAV per Share 1D Change ($)

    $0.12

  • Daily Volume (Shares)*

    4,912,196

  • NAV per Share 1D Change (%)

    2.22%

  • Market Price 1D Change ($)

    $0.13

  • Market Price

    $5.54

  • Market Price 1D Change (%)

    2.40%

  • Premium / Discount (%)

    0.18%

  • GAAP AUM

    $2,105,222,537.61

  • 30D Median Bid/Ask Spread (%)

    ––

  • GAAP NAV per Share

    $5.53

*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.

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YTD
1 year
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Annualized Since Inception
Cumulative Since Inception
Market Price, %--------------------
NAV Per Share, %--------------------
Benchmark Index, %--------------------

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. Prior to 7/31/2024, Principal Market NAV per Share was referred to as NAV per Share and NAV per share was referred to as Digital Asset Holdings per Share. Our definitions and calculations of these non-GAAP measures may not be the same as similar measures reported by other Bitcoin ETPs. Please refer to BTC's filings with the Securities and Exchange Commission for additional information. NAV is the dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day using the 4PM ET index price. Market Price is the current price at which shares are bought and sold. Market returns are based upon the last trade price.

How to Invest in BTC

Grayscale Bitcoin Mini Trust (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.

BTC Resources

BTC Factsheet

Jul 30, 2024

BTC Prospectus

Oct 01, 2024

FAQs

Have more questions? Please reach out to our Investor Relations team at info@grayscale.com

Ready to invest?