Grayscale Bitcoin Mini Trust ETF

Frequently Asked Questions About BTC

What does BTC invest in?

The Grayscale Bitcoin Mini Trust ETF maintains its entire portfolio in Bitcoin, following a passive investment approach. Its fundamental objective is to mirror the value of its underlying Bitcoin holdings, net of operational costs and other obligations. Bitcoin is defined as a digital asset, brought into existence and transferred across the decentralized, peer-to-peer Bitcoin Network, a system of computers governed by cryptographic protocols. This network permits the exchange of Bitcoins—units of digital value—with every transaction permanently documented on a transparent public ledger referred to as a Blockchain.

What is the expense ratio of BTC?

Grayscale Bitcoin Mini Trust ETF (BTC) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BTC?

Grayscale Bitcoin Mini Trust ETF (BTC) manages $3.84B 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 BTC actively managed or an index fund?

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

When was BTC launched?

Grayscale Bitcoin Mini Trust ETF (BTC) launched in July 2024 and is managed by Grayscale.

How has BTC performed?

BTC'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.