BCOR ETF — Grayscale Bitcoin Adopters ETF

Grayscale Bitcoin Adopters ETF (BCOR)

Updated October 16, 2026.

BCOR is an ETF. its distribution rate is 0.21%, its trailing-12-month yield is 3.30%, its expense ratio is 0.59%. Dividend Vision Distribution Safety Score™ is 25/100 (Unproven). Total return is -0.6% over the past 1.5 years, 40.5 points behind SPY at 39.9%.

Grayscale Bitcoin Adopters ETF is an equity fund that invests at least eighty percent of its net assets in companies classified as having adopted Bitcoin for corporate treasury management, including both U.S. and non-U.S. securities. The fund has a very modest distribution rate and makes distributions semi-annually, with an expense ratio of 0.59%. It appeals to investors seeking equity exposure to companies engaged with Bitcoin, rather than direct cryptocurrency exposure.

BCOR performance versus SPY

Price and return data through 2026-10-16.

Total return is -0.6% over the past 1.5 years, 40.5 points behind SPY at 39.9%. Over the past year its total return — price change plus distributions reinvested — is -25.0%. Its deepest 1-year drawdown was 40.3%.

BCOR key facts

Distribution Safety Score™

25 · Unproven

Issuer

Grayscale Investments

Asset type

ETF

Asset class

Equity

Inception date

04/29/2025

Expense ratio

0.59%

Distribution rate

0.21%

Distribution frequency

Semi-Annual

Trailing yield

3.30%

Last close

$24.22 (as of 2026-10-16)

AUM

$2,757,635

Average volume

533.0

Dividend

$0.026

Ex-dividend date

06/17/2026

Payment date

06/24/2026

Beta

2.5147

How Dividend Vision calculates yield and returns

Distribution rate (0.21%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.30%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Grayscale Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BCOR risks and drawbacks

BCOR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 40.3%.

Who may consider BCOR — and who may not

It is a weaker fit for investors who need monthly cash flow (BCOR pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BCOR

• All tickers starting with B

Tagged: Bitcoin, Crypto, Technology.

Frequently asked questions

More securities from Grayscale Investments.