All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

BTC: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

BTC real return snapshot: after CPI-U inflation, BTC returned −45.20% over the past year and −26.54% YTD, with dividends reinvested. Since Jul. 31, 2024, BTC is down −4.60% in real purchasing-power return, or −2.36%/yr, and is currently −48.69% below its real total-return high on Oct. 6, 2025.

Data ending Tue Jul. 21, 2026

Growth of $10,000

Wed 2024-07-31💬 to Tue 2026-07-21 Overall
Return 		Exponential
Trendline
BTC × 		−4.60%
−2.36%/yr 		−4.13%/yr
R2=0.011
Grayscale Bitcoin Mini Trust (BTC) Exchange-Traded Fund

Growth of $10,000 Summary

Wed 2024-07-31💬 to Tue 2026-07-21 Start
Value 		End
Value
BTC × 		$10,000.00
2024-07-31 		$9,539.80
2026-07-21

This Year’s Performance

through 2026-07-21

  YTD YoY
BTC × 		−26.54% −45.20%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
BTC × 		−48.69%
on 2026-07-21
from 2025-10-06 peak 		−54.59%
on 2026-06-30
from 2025-10-06 peak

Rolling Returns

Period ending Tue 2026-07-21 1 yr 2 yr 3 yr 5 yr 10 yr
BTC × 		−45.20% — — — —

Annual Returns

Year BTC
2026 (YTD) −26.54%
2025 −9.91%
2024 +44.15%