Grayscale Bitcoin Trust (GBTC)

NYSEARCA: GBTC · IEX Real-Time Price · USD
59.42
+0.16 (0.27%)
Apr 23, 2024, 2:49 PM EDT - Market open
0.27%
Assets $19.57B
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 3,237,330
Open 58.94
Previous Close 59.26
Day's Range 58.87 - 59.83
52-Week Low 12.86
52-Week High 65.61
Beta 0.92
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

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 hours 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...

21 hours 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...

1 day 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.

3 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.

5 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.

5 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.

6 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...

7 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.

13 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...

13 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.

13 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
14 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.

14 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.

16 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...

17 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.

17 days ago - The Street

Cryptocurrencies: Bitcoin Tumbles to $65K

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.

20 days ago - ETF Trends

Focus on bitcoin in Q1 overshadows broadening of US ETF landscape

The birth of spot bitcoin exchange-traded funds (ETFs) and the quest for new ways to invest in the artificial intelligence overshadowed other trends in the broader ETF market in the first quarter, but...

22 days ago - Reuters

Cryptocurrencies: Bitcoin Rebounds to $70K

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.

27 days ago - ETF Trends

What's behind bitcoin's volatility and ETF outflows?

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.

4 weeks ago - CNBC Television

Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week

Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, tipping the group of U.S. spot bitcoin exchange-traded funds (ETFs) into net outflows for the week ending March 22, according to da...

4 weeks ago - Reuters

Grayscale Economist Says Bitcoin Is a Dollar Rival

Grayscale was one of the firms spearheading the January debut of the first U.S.-listed spot bitcoin ETFs, which was the culmination of years of wrangling with the SEC and its concerns. The Grayscale B...

4 weeks ago - ETF Trends

CEO of 21shares on Bitcoin ETFs & Crypto Investing

Oliver Renick sits down on floor of the CBOE with the CEO of 21shares, Ophelia Snyder. Oliver and Ophelia discuss bitcoin ETFs and crypto investing, the bitcoin halving and the company's partnership w...

4 weeks ago - Schwab Network

Cryptocurrencies: Bitcoin Tumbles to $62K

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.

4 weeks ago - ETF Trends

Bitcoin ETF is the 'starting gun' to a set of new crypto products: Anchorage Digital's Diogo Monica

Diogo Monica, Anchorage Digital co-founder and chairman and Haun Ventures general partner, joins 'Squawk Box' to discuss bitcoin's volatile week, what's behind the recent slide, the appeal of bitcoin,...

4 weeks ago - CNBC Television