Compare · BTC spot ETFs

GBTC vs BTC

Grayscale Bitcoin Trust against Grayscale Bitcoin Mini Trust

BTC is cheaper: 0.15% vs 1.50% a year, or $13.50 less per $1,000 held.
GBTC is 2.0x the size of BTC by net assets.

	GBTC	BTC
Issuer	Grayscale	Grayscale
Expense ratio	1.50%	0.15%
Net assets (USD)	10.6B	5.3B
YTD return	−5.63%	−4.67%
Net flow, last 5 days	−$47.5M	$0.0M
Pre-market estimate: median miss	0.06%	0.04%

Both funds hold BTC, so their daily moves are nearly identical; the lasting differences are fees, size and liquidity. Estimate miss is how far Pre-Tick's pre-market estimate landed from the official 9:30 AM ET open (see accuracy). Flows are US spot ETF net flows from SoSoValue. Not investment advice.