All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

GBTC: Total Return Chart (with Dividends Reinvested)

GBTC total return snapshot: GBTC returned −45.38% over the past year and −26.20% YTD, with dividends reinvested. Since May 11, 2015, GBTC is up +10,133.27% in nominal total return, or +51.21%/yr, and is currently −48.75% below its total-return high on Oct. 6, 2025.

Data ending Mon Jul. 20, 2026

Growth of $10,000

Mon 2015-05-11💬 to Mon 2026-07-20 Overall
Return 		Exponential
Trendline
GBTC × 		+10,133.27%
+51.21%/yr 		+53.78%/yr
R2=0.782
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund

Growth of $10,000 Summary

Mon 2015-05-11💬 to Mon 2026-07-20 Start
Value 		End
Value
GBTC × 		$10,000.00
2015-05-11 		$1,023,326.57
2026-07-20

This Year’s Performance

through 2026-07-20

  YTD YoY
GBTC × 		−26.20% −45.38%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GBTC × 		−48.75%
on 2026-07-20
from 2025-10-06 peak 		−89.91%
on 2018-12-14
from 2017-12-18 peak

Rolling Returns

Period ending Mon 2026-07-20 1 yr 2 yr 3 yr 5 yr 10 yr
GBTC × 		−45.38% −6.42%
−3.26%/yr 		+185.08%
+41.79%/yr 		+132.51%
+18.38%/yr 		+4,772.98%
+47.50%/yr

Annual Returns

Year GBTC
2026 (YTD) −26.20%
2025 −7.65%
2024 +136.68%
2023 +317.61%
2022 −75.80%
2021 +7.03%
2020 +290.72%
2019 +106.56%
2018 −82.10%
2017 +1,568.40%
2016 +93.09%
2015 +26.00%