GBTC now holds more than 285,000 bitcoin, 1.57% of all BTC

Quick Take

  • GBTC currently has $2.79 billion of assets under management, which is approximately 285,000 bitcoins
  • The share of total bitcoin held in GBTC is currently at an all-time high of 1.57%
  • Grayscale has collected more than $80 million in fees from GBTC in the last four years
  • In aggregate, there was $64 million of inflows in 2017, $220 million in 2018 and $438 million in 2019
Grayscale Bitcoin Trust (GBTC), a closed-end fund that invests exclusively in bitcoin, lets investors get exposure to bitcoin through a traditional investment vehicle with shares titled in the investors’ name. GBTC currently has $2.79 billion of assets under management, which in this case equals the value of all the bitcoins held in the fund. When […]

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