Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
BTC ETF — Grayscale Bitcoin Mini Trust ETF
Grayscale Bitcoin Mini Trust ETF (BTC)
Updated October 16, 2026.
BTC is a low-cost ETF. its expense ratio is 0.15%. Total return is 24.5% over the past 2.2 years, 17.7 points behind SPY at 42.2%.
Grayscale Bitcoin Mini Trust is an ETF that provides investment exposure to Bitcoin in a cost-effective, convenient format without requiring direct ownership of the cryptocurrency. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.15%. It appeals primarily to investors seeking Bitcoin exposure through a traditional ETF structure.
BTC holdings and sector exposure
Holdings are not available for this snapshot.
BTC performance versus SPY
Price and return data through 2026-10-16.
Total return is 24.5% over the past 2.2 years, 17.7 points behind SPY at 42.2%. Over the past year its total return — price change plus distributions reinvested — is -24.8%. Its deepest 1-year drawdown was 49.0%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 7.2% | — |
| 3M | 26.8% | — |
| 6M | 8.0% | — |
| YTD | -7.0% | — |
| 1Y | -24.8% | — |
| 2Y CAGR | — | 9.50% |
| Since inception (2.2 years) | 24.5% | 10.40% |
BTC key facts
- Issuer
- Grayscale Investments
- Asset type
- ETF
- Asset class
- Crypto
- Inception date
- 07/31/2024
- Expense ratio
- 0.15%
- Distribution frequency
- None
- Last close
- $36.03 (as of 2026-10-16)
- AUM
- $5,332,758,612
- Average volume
- 1951464.0
- Beta
- 1.8833
How Dividend Vision calculates yield and returns
Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield 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.
BTC risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 49.0%.
Who may consider BTC — and who may not
BTC may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (BTC does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on BTC
Compare BTC
BTC vs similar funds:
Frequently asked questions
Does BTC pay monthly?
No. BTC does not currently distribute.
What is BTC's expense ratio?
BTC's expense ratio is 0.15%.
When does BTC pay a dividend?
BTC does not currently distribute.
How has BTC performed?
Total return is 24.5% over the past 2.2 years, 17.7 points behind SPY at 42.2%. Over the past year its total return — price change plus distributions reinvested — is -24.8%. Its deepest 1-year drawdown was 49.0%.
More securities from Grayscale Investments.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.