Compare · BTC spot ETFs

GBTC vs HODL

Grayscale Bitcoin Trust against VanEck Bitcoin Trust

HODL is cheaper: 0.00% vs 1.50% a year, or $15.00 less per $1,000 held.
GBTC is 8.6x the size of HODL by net assets.

	GBTC	HODL
Issuer	Grayscale	VanEck
Expense ratio	1.50%	0.00%
Net assets (USD)	10.6B	1.2B
YTD return	−5.63%	−4.13%
Net flow, last 5 days	−$47.5M	−$1.2M
Pre-market estimate: median miss	0.06%	0.06%

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.