Share Price Chart
Loading data...
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. ARKW, GBTC vs. MARA, 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.
GBTC
(Grayscale Bitcoin Trust (BTC))
Benchmark (^GSPC)
Returns By Period
Grayscale Bitcoin Trust (BTC) had a return of 37.61% year-to-date (YTD) and 144.81% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 37.61% | 17.95% |
| 1 month | 1.38% | 3.13% |
| 6 months | -22.66% | 9.95% |
| 1 year | 144.81% | 24.88% |
| 5 years (annualized) | 30.55% | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
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% | 37.61% | ||||
| 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 93, placing it in the top 7% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GBTC
(Grayscale Bitcoin Trust (BTC))
Sharpe Ratio Rank
Sortino Ratio Rank
Omega Ratio Rank
Calmar Ratio Rank
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.
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.
GBTC
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
^GSPC
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
Sharpe Ratio
The current Grayscale Bitcoin Trust (BTC) Sharpe ratio is 2.57. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.
Use the chart below to compare the Sharpe ratio of Grayscale Bitcoin Trust (BTC) with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.
GBTC
(Grayscale Bitcoin Trust (BTC))
Benchmark (^GSPC)
Dividends
Dividend History
Grayscale Bitcoin Trust (BTC) granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $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 | |||
| 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.
GBTC
(Grayscale Bitcoin Trust (BTC))
Benchmark (^GSPC)
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.
The current Grayscale Bitcoin Trust (BTC) drawdown is 27.36%.
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 14.64%, 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.
GBTC
(Grayscale Bitcoin Trust (BTC))
Benchmark (^GSPC)
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Grayscale Bitcoin Trust (BTC) over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
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).
Loading data...
Income Statement
Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly
| TTM | |
|---|---|
| Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
| Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
| Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
Values in undefined except per share items
