GBTCvsBTCETF Comparison
The ETFs Grayscale Bitcoin Trust ETF (GBTC) and Grayscale Bitcoin Mini Trust ETF (BTC) track the CoinDesk Bitcoin Benchmark Rate Index - USD and belong to the same industry segment: Cryptocurrency. GBTC is more expensive with a Total Expense Ratio (TER) of 1.5%, versus 0.15% for BTC. GBTC is down -12.82% year-to-date (YTD) with -$1.19B in YTD flows. BTC performs better with -12.37% YTD performance, and +$358M in YTD flows. Run a side-by-side ETF comparison of GBTC and BTC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
GBTC vs BTC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GBTC BTC | +0.45%+0.56% | +14.00%+14.38% | -12.82%-12.37% | -28.37%-27.40% | n/an/a | n/an/a |
| Flows | GBTC BTC | -$281M+$93M | -$483M+$217M | -$1.19B+$358M | -$3.45B+$960M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GBTC BTC | +42.25%+42.22% | +43.49%+43.48% | n/an/a | n/an/a |
| Max drawdown | GBTC BTC | -11.49%-11.46% | -49.57%-49.34% | n/an/a | n/an/a |
| Max drawdown duration | GBTC BTC | 28d28d | 225d225d | n/an/a | n/an/a |
GBTC | BTC | |
Last sale 5/21/2026 at 1:30 PM | $60.27 | $34.33 |
| Previous close 05/20/2026 | $60.29 | $34.33 |
| Consolidated volume 05/20/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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GBTC | BTC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
GBTC | BTC | |
|---|---|---|
| Last price | $60.27 | $34.33 |
| 1D performance | -0.03% | +0.00% |
| AuM | $11.42 B | $4.09 B |
| E/R | 1.5% | 0.15% |
