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GBTC
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Grayscale Bitcoin Trust (BTC) (GBTC)

Upturn stock ratingUpturn stock rating
$86.07
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY14.24%
upturn advisory
Strong Buy
BUY since 48 days
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Upturn Advisory Summary

07/03/2025: GBTC (5-star) is a STRONG-BUY. BUY since 48 days. Profits (14.24%). Updated daily EoD!

Upturn Star Rating

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 207.76%
Avg. Invested days 31
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

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

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Grayscale Bitcoin Trust (BTC)

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ETF Overview

overview logo Overview

Grayscale Bitcoin Trust (BTC) is a digital currency investment product that enables investors to gain exposure to Bitcoin in the form of a security while avoiding the challenges of directly purchasing, storing, and safekeeping Bitcoin. It primarily focuses on holding Bitcoin. The investment strategy is to track the value of Bitcoin.

reliability logo Reputation and Reliability

Grayscale Investments is a large digital asset manager with a solid track record in launching and managing cryptocurrency investment products.

reliability logo Management Expertise

Grayscale has a specialized team focused on digital assets, with experience in traditional finance and cryptocurrency markets.

Investment Objective

overview logo Goal

The investment objective of the Grayscale Bitcoin Trust (BTC) is for its shares to reflect the value of Bitcoin held by the Trust, less the Trust's expenses and other liabilities.

Investment Approach and Strategy

Strategy: The ETF aims to track the value of Bitcoin.

Composition The ETF primarily holds Bitcoin.

Market Position

Market Share: Due to its conversion to an ETF, Grayscale Bitcoin Trust (BTC) holds a significant portion of the Bitcoin ETF market share.

Total Net Assets (AUM): 21990000000

Competitors

overview logo Key Competitors

  • IBIT
  • FBTC
  • ARKB

Competitive Landscape

The Bitcoin ETF market is competitive, with many issuers offering similar products. BTC has the advantage of being first to market, but faces competition from issuers with lower fees. Newer ETFs may have technological or fee advantages. The main advantage of BTC is its larger size and established track record, while the disadvantages are the higher expense ratio relative to competitors.

Financial Performance

Historical Performance: Historical performance data should be viewed with caution, as Bitcoin's price is highly volatile. Past performance is not indicative of future results.

Benchmark Comparison: The ETF aims to closely track the performance of Bitcoin.

Expense Ratio: 0.002

Liquidity

Average Trading Volume

The average trading volume for BTC is very high, indicating good liquidity.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting the high liquidity.

Market Dynamics

Market Environment Factors

BTC is affected by factors influencing the price of Bitcoin, including regulatory developments, institutional adoption, macroeconomic conditions, and technological advancements.

Growth Trajectory

Growth is tied to Bitcoin adoption and market sentiment. Changes to strategy would likely involve adjustments to fees or operational procedures.

Moat and Competitive Advantages

Competitive Edge

BTC has first-mover advantage as one of the earliest Bitcoin investment products. Its large AUM provides economies of scale. Converting to a full ETF improved its structure. However, lower fees by other ETFs make this advantage more muted. The brand recognition and the size is its competitive edge in the new Bitcoin ETF market.

Risk Analysis

Volatility

BTC exhibits high volatility due to the volatility of Bitcoin.

Market Risk

BTC is subject to the market risk associated with Bitcoin, including price fluctuations, regulatory uncertainty, and security risks.

Investor Profile

Ideal Investor Profile

The ideal investor is someone with a high-risk tolerance who seeks exposure to Bitcoin as part of a diversified portfolio.

Market Risk

BTC is suitable for long-term investors or active traders who understand the risks associated with Bitcoin.

Summary

Grayscale Bitcoin Trust (BTC) provides a way for investors to gain exposure to Bitcoin without directly holding it. It has a high expense ratio compared to other ETFs. Its performance is highly correlated with Bitcoin's price. Ideal investors understand and are comfortable with Bitcoin's volatility and risks. The ETF provides a convenient way to access Bitcoin exposure through a traditional investment vehicle.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Grayscale Investments
  • SEC Filings
  • Various Financial News Outlets

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investing in digital assets involves significant risks, including the potential loss of principal. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.