Grayscale Bitcoin Mini Trust Overview
Pro stress-test →The Grayscale Bitcoin Mini Trust ETF is an exchange-traded product (ETP) that invests directly in Bitcoin. Listed on NYSE Arca, it offers investors access to Bitcoin in the form of an ETP. The trust's shares began trading on July 31, 2024 under the symbol "BTC."
Strategic Profile
Pro stress-test →As of June 25, 2026, the fund holds $3.24 billion in assets under management with 54,661.8183 Bitcoin in the fund and a 0.15% management fee. The BTC mini trust competes with giants like BlackRock's IBIT and Fidelity's FBTC, and remains a preferred choice for those seeking the lowest possible sponsor fees and the simplicity of the "BTC" ticker.
Competitive Landscape
Pro stress-test →The BTC mini trust competes directly with BlackRock's IBIT and Fidelity's FBTC, with IBIT often leading in daily volume, though BTC remains competitive through its low sponsor fees and simple ticker. The fund is passively managed and does not attempt to outperform Bitcoin; it holds physical Bitcoin to ensure the share price reflects the value of the underlying asset, minus the fund's expenses and liabilities.
Industry Context
Grayscale Bitcoin Mini Trust operates in Bitcoin ETFs.
Key facts
Founded: 2024 · Headquarters: New York, US