Grayscale Bitcoin Trust (BTC) (GBTC)
Company Info
| ISIN | US3896371099 |
|---|---|
| CUSIP | 389637109 |
| Sector | Financial Services |
| Industry | Capital Markets |
Highlights
| Year Range | $28.33 - $71.58 |
|---|
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GBTC vs. BTC-USD, GBTC vs. BITO, GBTC vs. IBIT, GBTC vs. MSTR, GBTC vs. FBTC, GBTC vs. TQQQ, GBTC vs. MARA, GBTC vs. ARKW, GBTC vs. SPY, GBTC vs. TSLA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Grayscale Bitcoin Trust (BTC), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Grayscale Bitcoin Trust (BTC) had a return of 110.31% year-to-date (YTD) and 151.20% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 110.31% | 23.08% |
| 1 month | 35.13% | 0.48% |
| 6 months | 21.90% | 10.70% |
| 1 year | 151.20% | 30.22% |
| 5 years (annualized) | 48.07% | 13.50% |
| 10 years (annualized) | N/A | 11.11% |
Monthly Returns
The table below presents the monthly returns of GBTC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 9.73% | 45.70% | 14.13% | -16.88% | 14.44% | -11.40% | -2.20% | -10.22% | 8.02% | 10.12% | 110.31% | ||
| 2023 | 46.56% | -5.02% | 41.77% | 0.37% | -15.41% | 38.16% | -0.31% | -2.20% | 2.57% | 39.45% | 13.02% | 14.47% | 317.61% |
| 2022 | -23.39% | 12.00% | 3.91% | -13.62% | -22.14% | -41.29% | 22.72% | -15.27% | -9.01% | 5.17% | -24.58% | -8.40% | -75.80% |
| 2021 | 8.41% | 24.53% | 15.83% | -6.37% | -35.50% | -1.36% | 16.52% | 8.74% | -10.38% | 46.79% | -6.98% | -25.90% | 7.03% |
| 2020 | 33.09% | -9.63% | -27.72% | 38.62% | 10.33% | -11.80% | 33.42% | 5.58% | -18.92% | 40.20% | 50.80% | 37.97% | 290.72% |
| 2019 | 0.63% | 11.78% | 7.17% | 38.28% | 67.32% | 36.80% | -9.85% | -14.08% | -9.64% | 5.00% | -13.94% | -14.42% | 106.56% |
| 2018 | -29.63% | 14.37% | -41.17% | 51.10% | -22.52% | -30.54% | 22.16% | -8.83% | -16.42% | -15.11% | -25.96% | -20.54% | -82.10% |
| 2017 | -10.81% | 5.99% | 0.97% | 18.60% | 251.52% | -19.43% | 7.69% | 139.28% | -30.15% | 18.00% | 83.62% | 32.54% | 1,557.23% |
| 2016 | -31.75% | 30.24% | -2.86% | 31.80% | 8.92% | 53.08% | -20.53% | -13.69% | 9.75% | 19.89% | -8.71% | 23.50% | 93.10% |
| 2015 | -21.43% | -8.71% | 0.09% | -13.76% | 7.74% | 21.02% | 32.75% | 40.00% | 50.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GBTC is 90, placing it in the top 10% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Grayscale Bitcoin Trust (BTC) (GBTC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Grayscale Bitcoin Trust (BTC) provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Grayscale Bitcoin Trust (BTC). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Grayscale Bitcoin Trust (BTC). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Grayscale Bitcoin Trust (BTC) was 89.91%, occurring on Dec 14, 2018. Recovery took 517 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.91% | Dec 19, 2017 | 249 | Dec 14, 2018 | 517 | Jan 5, 2021 | 766 |
| -86.24% | Feb 22, 2021 | 468 | Dec 28, 2022 | 295 | Mar 4, 2024 | 763 |
| -57.96% | May 7, 2015 | 78 | Aug 26, 2015 | 71 | Dec 8, 2015 | 149 |
| -48.42% | Sep 1, 2017 | 9 | Sep 14, 2017 | 50 | Nov 24, 2017 | 59 |
| -41.48% | Jun 20, 2016 | 48 | Aug 25, 2016 | 89 | Jan 3, 2017 | 137 |
Volatility
Volatility Chart
The current Grayscale Bitcoin Trust (BTC) volatility is 18.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Grayscale Bitcoin Trust (BTC).
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Income Statement
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