Open Now: The Global ETF Survey Take the Survey →

Advertisement
Advertisement

GBTCvsFBTCETF Comparison

ETF 1
GBTC

Grayscale Bitcoin Trust ETF

This fund is part of
Cryptocurrency
+0.72%
VS
ETF 2
FBTC

Fidelity Wise Origin Bitcoin Fund

This fund is part of
Cryptocurrency
+0.72%

Grayscale Bitcoin Trust ETF (GBTC) and Fidelity Wise Origin Bitcoin Fund (FBTC) belong to the same industry segment: Cryptocurrency. GBTC is more expensive with a Total Expense Ratio (TER) of 1.5%, versus 0.25% for FBTC. GBTC is down -26.52% year-to-date (YTD) with -$2.20B in YTD flows. FBTC performs better with -25.77% YTD performance, and -$2.18B in YTD flows. Run a side-by-side ETF comparison of GBTC and FBTC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

GBTC vs FBTC performance and flow charts

Performance

-2.00.02.04.0%Jul 7Jul 14Jul 21Jul 28Aug 4

Cumulative Flows

-300 M-200 M-100 M0 MJul 7Jul 14Jul 21Jul 28Aug 4

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 08/07/2026
1M3MYTD1Y3Y5Y
Perf.
GBTC
FBTC
+1.66%+2.01%
-19.30%-18.98%
-26.52%-25.77%
-45.59%-44.74%
n/an/a
n/an/a
Flows
GBTC
FBTC
-$294M-$261M
-$1.15B-$1.42B
-$2.20B-$2.18B
-$3.71B-$1.97B
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
GBTC
FBTC
+35.60%+38.41%
+44.28%+44.84%
n/an/a
n/an/a
Max drawdown
GBTC
FBTC
-28.48%-28.53%
-53.71%-53.48%
n/an/a
n/an/a
Max drawdown duration
GBTC
FBTC
88d88d
305d305d
n/an/a
n/an/a
Trading data

Create an account to view trading data

Join for free
GBTC
FBTC
Last sale
8/7/2026 at 1:30 PM
$50.30
$56.53
Previous close
08/06/2026
$49.88
$56.06
Consolidated volume
08/06/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of July 31, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
GBTC
FBTC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 8/7/2026 at 1:30 PM
Live
Closed
GBTC
FBTC
Last price
$50.30
$56.53
1D performance
+0.84%
+0.84%
AuM$8.61 B$11.17 B
E/R1.5%0.25%
Characteristics
GBTC
FBTC
Management strategyPassivePassive
ProviderGrayscaleFidelity
BenchmarkCoinDesk Bitcoin Benchmark RateFidelity Bitcoin Reference Rate
N° of holdings--
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 11, 2024January 11, 2024
ESGNoNo
Advertisement
Exposure

Countries

GBTC
Data will be available soon
FBTC
Data will be available soon

Sectors

GBTC
Data will be available soon
FBTC
Data will be available soon
Advertisement

Diversification

GBTC
Data will be available soon
FBTC
Data will be available soon

Top 15 holdings

Data as of January 1, 1970
GBTC
Data will be available soon
FBTC
Data will be available soon
Frequently asked questions about GBTC and FBTC

How have the GBTC and FBTC ETFs performed in 2026?

As of August 7, 2026, GBTC is down -26.52% year-to-date (YTD), while FBTC has lost -25.77%. That puts FBTC better performer ahead so far this year.

Which ETF is attracting more investor money: GBTC or FBTC?

Year-to-date, the GBTC ETF saw -$2.20B in flows, compared to -$2.18B for FBTC.

Which ETF is more volatile: GBTC or FBTC?

Over the past year, GBTC had a volatility of 44.28%, while FBTC experienced 44.84%.

Which ETF is bigger: GBTC or FBTC?

As of August 7, 2026, GBTC holds $8.61 B in assets under management (AUM), while FBTC manages $11.17 B.

Advertisement
Advertisement
Advertisement
Global ETF Survey 2026

The ETF Industry Is Evolving Fast

From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey and get exclusive early access to the final report.

Global ETF Survey 2026