GBTC vs IBIT

Grayscale Bitcoin Trust vs iShares Bitcoin Trust

Quick take
  • IBIT has the lower expense ratio at 0.25% vs 1.50% for GBTC.

Side-by-side metrics

MetricGBTCIBIT
Expense ratio
Annual fee. Lower is better.
1.50%0.25%
Dividend yield
Trailing 12-month yield.
0.00%0.00%
AUM
Assets under management — bigger funds are typically more liquid.
$8.13B$43.23B
YTD return
-29.43%-29.04%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.000.00
P/E ratio
Last price
$48.93$35.76
Inception
Issuer
GrayscaleiShares

GBTC top holdings

Holdings data unavailable for GBTC.

IBIT top holdings

Holdings data unavailable for IBIT.

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $8.1B in assets under management, an expense ratio of 1.50%.

About IBIT

IBIT (iShares Bitcoin Trust) is Spot Bitcoin ETF from BlackRock. Managed by iShares, the fund carries $43.2B in assets under management, an expense ratio of 0.25%.