Grayscale Bitcoin is trading at 76.82 as of the 28th of November 2024, a 6.44% up since the beginning of the trading day. The etf's open price was 72.17. Grayscale Bitcoin has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Grayscale Bitcoin Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States. The company has 175.75 M outstanding shares. More on Grayscale Bitcoin Trust
The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
31-Dec
Exchange
NYSE Arca, Inc.
Market Maker
Virtu Financial
Total Expense
1.5
Management Fee
1.5
Country Name
USA
Returns Y T D
117.85
Name
Grayscale Bitcoin Trust
Currency Code
USD
Open Figi
BBG008748J88
In Threey Volatility
61.16
1y Volatility
56.58
200 Day M A
55.4299
50 Day M A
57.1736
Code
GBTC
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.21
Type
ETF
Grayscale Bitcoin Trust [GBTC] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. Grayscale Bitcoin Trust currently have 29.58 B in assets under management (AUM). , while the total return for the last 3 years was 17.5%.
Grayscale Bitcoin generates positive cash flow from operations, but has no cash available
Check Grayscale Bitcoin Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Grayscale Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Grayscale Bitcoin Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grayscale Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grayscale Bitcoin Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Grayscale Bitcoin Trust Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Grayscale Bitcoin Trust is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.