Grayscale Bitcoin Mini Trust (BTC)

Funds & ETFs

Grayscale Bitcoin Mini Trust (BTC) is a low-fee spot Bitcoin ETF spun off from the original Grayscale Bitcoin Trust (GBTC) in July 2024. Grayscale created the Mini Trust as a competitive response to lower-cost US spot Bitcoin ETFs, offering a 0.15% management fee — significantly lower than GBTC's 1.5% fee. Shares of BTC were distributed to existing GBTC shareholders proportionally. It trades on NYSE Arca and uses Coinbase Custody, positioning itself as a cost-effective alternative for long-term Bitcoin holders.

Details

Aum: ~$4.4B
Type: Spot Bitcoin ETF
Issuer: Grayscale
Ticker: BTC
Aum Usd: 3637466260
Country: United States
Manager: Grayscale Investments
Aum Date: 2026-01
Custodian: Coinbase Custody Trust Company, LLC
Fund Type: trust
Expense Ratio: 0.15%
Inception Date: 2024-07-31
Management Fee: 0.15%
Bitcoin Holdings: 51689

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