Grayscale Bitcoin Trust (GBTC)

NYSEARCA: GBTC · IEX Real-Time Price · USD
56.74
-0.86 (-1.49%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-1.49%
Assets $19.23B
Expense Ratio 1.50%
PE Ratio 2.72
Shares Out 510.71M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 6,655,050
Open 56.73
Previous Close 57.60
Day's Range 56.34 - 57.68
52-Week Low 12.86
52-Week High 65.61
Beta n/a
Holdings n/a
Inception Date Jan 11, 2024

About GBTC

Fund Home Page

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.

Asset Class Currency
Stock Exchange NYSEARCA
Ticker Symbol GBTC
ETF Provider Grayscale
Index Tracked CoinDesk Bitcoin Price Index - Benchmark Price Return

News

World's largest custodian bank BNY Mellon holds spot Bitcoin ETFs

The global interest in spot Bitcoin ETFs continues to pull in the world's largest institutional investors and firms. This time, it's BNY Mellon, the world's largest custodian bank, which has revealed ...

Other symbols: IBIT
18 hours ago - Invezz

Bitcoin Languishes. Brace for More Declines as ‘People Got a Little Too Excited.

Bitcoin prices have stalled since the much-anticipated ‘halving' last week.

21 hours ago - Barrons

Crypto Corner: Bitcoin & the GDP Miss

Kevin Green dishes out the latest technical trends for Bitcoin following the GDP print. Plus, a brief update on recent inflow/outflow action among the Bitcoin ETFs.

1 day ago - Schwab Network

CNBC's 2024 Stock Draft: The 'Mentalist' Oz Pearlman chooses Bitcoin as his first round pick

CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.

1 day ago - CNBC Television

Bitcoin Is Falling. ‘Bears Are Plotting a New Attack.

Cryptos are likely to be sensitive to tech earnings and macroeconomic catalysts as Bitcoin hovers below key technical levels.

1 day ago - Barrons

Cryptocurrencies: Bitcoin Sits Near $66K

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We've also included XRP, as it was one of the largest cryptocurrencies when this series began.

2 days ago - ETF Trends

Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.

Bitcoin's correlation to the stock market and wider risk sentiment puts Big Tech earnings in the spotlight for cryptos.

2 days ago - Barrons

Grayscale Investments® Files S-3 Registration Statement for Grayscale Ethereum Trust

STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world's largest crypto asset manager, today announced it filed a registration statement on Form S-3 (the “Form S-3”) wit...

Other symbols: ETHE
3 days ago - GlobeNewsWire

History shows bitcoin halving is a bullish signal for crypto, author says

Bitcoin (BTC-USD) is up over 50% year-to-date as the digital asset continues to garner attention, most recently with the 'bitcoin halving', in which the reward for bitcoin mining is cut in half. While...

3 days ago - Yahoo Finance

Bitcoin halving event bolsters resilience amid market fluctuations

Bitcoin (BTC) witnessed a modest decrease over the past week, closing at approximately $65,000, down 1.1% from $65,650 the previous week. The cryptocurrency experienced a significant dip mid-week, dro...

3 days ago - Invezz

Bitcoin prices could hit up to $200,000, SunnySide Digital CEO says

Bitcoin prices (BTC-USD) are rallying after the highly anticipated halving event occurred on Friday. SunnySide Digital Founder and CEO Taras Kulyk joined Yahoo Finance to discuss the outlook for the c...

4 days ago - Yahoo Finance

Bitcoin halving: Expect more upside, but be cautious of volatility, strategist says

Troy Gayeski, Chief Market Strategist spoke with Yahoo Finance about the bitcoin halving and the outlook for price. #youtube #bitcoin #news About Yahoo Finance: Yahoo Finance provides free stock ticke...

4 days ago - Yahoo Finance

Bitcoin Holds Steady After ‘Halving' Concludes

Crypto bulls are hoping that Bitcoin's ‘halving' will be a catalyst for further gains in the world's largest cryptocurrency.

6 days ago - Barrons

Bitcoin: How Spot ETFs Have Affected the Crypto Market

Bitcoin (/BTC) hit an all-time high of $74,415 on March 14th. Martin Leinweber goes inside Bitcoin's recent weakness.

8 days ago - Schwab Network

Grayscale's Once-Mighty Fund Is Bleeding Bitcoin

The asset manager has resisted a significant fee cut, insisting that rising bitcoin prices will continue to buoy its fortunes.

8 days ago - WSJ

Grayscale CEO on Crypto Assets in Middle East

Michael Sonnenshein, Grayscale CEO, discusses crypto, ETFs in the Middle East. He speaks exclusively with Lizzy Burden on Bloomberg Daybreak: Middle East & Africa.

10 days ago - Bloomberg Markets and Finance

Bitcoin Could Be in for Huge Post-Halving Rally, Says Analyst

Bitcoin's quadrennial halving is scheduled for Friday, April 19 and the event, which some market observers describe as a pre-programmed supply limiter, could push prices of the largest digital currenc...

10 days ago - ETF Trends

Cryptocurrencies: Bitcoin Rebounds to $69K

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We've also included XRP, as it was one of the largest cryptocurrencies when this series began.

16 days ago - ETF Trends

Grayscale CEO sees bitcoin ETF outflows reaching equilibrium

Outflows from the Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the l...

16 days ago - Reuters

Hong Kong set to approve its first spot bitcoin ETFs in April, sources say

Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.

16 days ago - Reuters

Crypto Market Could See Massive Growth This Year

As of late Monday, the total market capitalization of the global cryptocurrency market was $2.69 trillion, according to CoinMarketCap data. More than $1.8 trillion of that figure is attributable to ju...

Other symbols: BLKCSATO
17 days ago - ETF Trends

Bitcoin ETF issuers cast shadow over odds of SEC approving ether exchange-traded funds

The U.S. Securities and Exchange Commission won't approve an exchange-traded fund for the ether cryptocurrency, two bitcoin ETF issuers have said.

17 days ago - CNBC

Bitcoin ETFs: BlackRock adds Citi, Goldman Sachs and others as Authorized Participants

BlackRock has added four more Wall Street firms as authorized participants (APs) for its spot Bitcoin ETF, after increasing its BTC portolio to $18 billion.

20 days ago - FXEmpire

New Spot Bitcoin ETFs Are Crushing the Supply/Demand Balance

By Christopher Gannatti, CFA, Global Head of Research Key Takeaways The launch of 11 distinct spot bitcoin ETF strategies in the first quarter of 2024 has resulted in approximately $60 billion in asse...

20 days ago - ETF Trends

Kevin O'Leary says he'd never buy a Bitcoin ETF — Here's why

Shark Tank's Kevin O'Leary sat down with TheStreet to explain why he prefers owning Bitcoin directly over the ETF.

21 days ago - The Street