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Upturn AI SWOT - About
Grayscale Bitcoin Trust (BTC) (GBTC)
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Upturn Advisory Summary
10/28/2025: GBTC (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type ETF | Historic Profit 175.59% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/28/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 39.56 - 88.36 | Updated Date 06/29/2025 |
52 Weeks Range 39.56 - 88.36 | Updated Date 06/29/2025 |
Upturn AI SWOT
Grayscale Bitcoin Trust (BTC)
ETF Overview
Overview
Grayscale Bitcoin Trust (BTC) is a digital asset investment product that allows investors to gain exposure to Bitcoin in the form of a security without directly purchasing, holding, and storing Bitcoin. It focuses on providing exposure to the price of Bitcoin and is typically allocated 100% to Bitcoin holdings. The investment strategy is to hold Bitcoin and value the shares based on the value of the underlying Bitcoin holdings.
Reputation and Reliability
Grayscale Investments is a well-known digital asset manager with a track record of launching and managing various crypto investment products.
Management Expertise
Grayscale Investments has a specialized team with expertise in digital asset management and financial product structuring.
Investment Objective
Goal
The investment objective of Grayscale Bitcoin Trust (BTC) is for the shares to reflect the value of Bitcoin held by the Trust, less the Trust's expenses and other liabilities.
Investment Approach and Strategy
Strategy: BTC aims to track the price of Bitcoin.
Composition The ETF holds Bitcoin as its primary asset.
Market Position
Market Share: The Grayscale Bitcoin Trust (BTC) has had a substantial market share among Bitcoin ETFs, however, this is rapidly changing as of early 2024 with the entrance of many new Bitcoin ETFs.
Total Net Assets (AUM): 21920000000
Competitors
Key Competitors
- IBIT
- FBTC
- ARKB
- BITB
Competitive Landscape
The Bitcoin ETF market is highly competitive, with numerous players vying for market share. GBTC, being one of the first, initially held a significant advantage, but has since been challenged by newer ETFs offering lower fees and more flexible structures. Advantages for GBTC include its established history and brand recognition, but its higher fees are a disadvantage compared to competitors.
Financial Performance
Historical Performance: Historical performance varies greatly with Bitcoin's price. Data not readily available to be included in this JSON format.
Benchmark Comparison: BTC aims to track Bitcoin, so its performance should align closely with Bitcoin's price movements.
Expense Ratio: 1.5
Liquidity
Average Trading Volume
The average daily trading volume of GBTC can fluctuate, however it is typically actively traded with high volume.
Bid-Ask Spread
The bid-ask spread can fluctuate and depends on market conditions and trading volumes.
Market Dynamics
Market Environment Factors
BTC is affected by Bitcoin's price, regulatory developments, technological advancements, and overall market sentiment towards cryptocurrencies.
Growth Trajectory
The growth trajectory of BTC depends on the adoption of Bitcoin as an investment asset, regulatory clarity, and the overall performance of the cryptocurrency market. The growth trajectory is volatile and subject to abrupt changes.
Moat and Competitive Advantages
Competitive Edge
GBTC initially held a significant first-mover advantage, being one of the earliest and most well-known Bitcoin investment products. The Trust has established relationships with key service providers in the digital asset space. However, increased competition has eroded some of its competitive advantage. GBTC is more expensive than it's competitors in management fees.
Risk Analysis
Volatility
BTC experiences high volatility due to the inherent volatility of Bitcoin.
Market Risk
BTC is subject to market risk due to the fluctuating price of Bitcoin, regulatory risk, and security risks associated with storing digital assets.
Investor Profile
Ideal Investor Profile
The ideal investor for BTC is someone with a high risk tolerance who seeks exposure to Bitcoin's price movements. Investors must understand and be comfortable with the volatile nature of cryptocurrency markets.
Market Risk
BTC is more suitable for active traders or investors with a long-term belief in Bitcoin, rather than passive index followers due to its volatility and potential tracking issues.
Summary
Grayscale Bitcoin Trust (BTC) provides exposure to Bitcoin without direct ownership, but at a cost in terms of fees. It experiences high volatility due to Bitcoin's price fluctuations. The competitive landscape has intensified with the emergence of new Bitcoin ETFs. Investors must have a high-risk tolerance and understand the cryptocurrency market. Its initial advantages are being challenged by lower-fee competitors.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Grayscale Investments website
- Various financial news sources
- ETF.com
- Yahoo Finance
- Bloomberg
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor. Data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Grayscale Bitcoin Trust (BTC)
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The trust"s Bitcoins are carried, for financial statement purposes, at fair value as required by U.S. generally accepted accounting principles ("GAAP"). The trust determines the fair value of Bitcoins based on the price provided by the Digital Asset Market that the trust considers its principal market as of 4:00 p.m., New York time, on the valuation date.
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