Grayscale Bitcoin Adopters ETF

Frequently Asked Questions About BCOR

What does BCOR invest in?

This ETF primarily targets companies recognized as 'Bitcoin adopters.' Such firms are identified by their corporate treasury holding of at least 100 Bitcoin. The fund has broad eligibility criteria, considering businesses of any scale or sector, operating in either established or emerging global markets, provided they fulfill specific benchmarks for market capitalization, liquidity, and trading volume. Securities are classified into two main categories: 'primary companies,' which are simply those maintaining the minimum Bitcoin treasury holding, and 'secondary companies,' which, in addition to owning Bitcoin, generate at least half of their revenue from Bitcoin mining activities. Portfolio weights are determined by a combination of their free-float market capitalization and the extent of their Bitcoin holdings. To manage concentration, individual primary company positions are limited to a maximum of 20%, while individual secondary companies are capped at 2.5%, with their aggregate weight not exceeding 20%. The fund's composition undergoes review and rebalancing on a quarterly basis.

What is the expense ratio of BCOR?

Grayscale Bitcoin Adopters ETF (BCOR) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BCOR?

Grayscale Bitcoin Adopters ETF (BCOR) manages $2.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BCOR actively managed or an index fund?

BCOR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BCOR launched?

Grayscale Bitcoin Adopters ETF (BCOR) launched in April 2025 and is managed by Grayscale.

How has BCOR performed?

BCOR's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.