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

Total Real Returns

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

GBTC real return snapshot: after CPI-U inflation, GBTC returned −45.93% over the past year and −31.76% YTD, with dividends reinvested. Since May 11, 2015, GBTC is up +6,821.60% in real purchasing-power return, or +46.58%/yr, and is currently −52.50% below its real total-return high on Oct. 6, 2025.

Mon 2015-05-11💬 to Tue 2026-06-09 YTD
Return
1 Year
Return
GBTC
×
−31.76%
2026-06-09
−45.93%
2026-06-09
Grayscale Bitcoin Trust (BTC) NYSE Exchange-Traded Fund

Returns

Mon 2015-05-11💬 to Tue 2026-06-09 Overall
Return
Exponential
Trendline
GBTC
×
+6,821.60%
+46.58%/yr
+49.38%/yr
(R2=0.748)
Grayscale Bitcoin Trust (BTC) NYSE Exchange-Traded Fund

Growth of $10,000

Mon 2015-05-11💬 to Tue 2026-06-09 Start
Value
End
Value
GBTC
×
$10,000.00
2015-05-11
$692,159.85
2026-06-09
Grayscale Bitcoin Trust (BTC) NYSE Exchange-Traded Fund

Annual Returns

Year GBTC
2026 (YTD) −31.76%
2025 −10.05%
2024 +130.05%
2023 +304.08%
2022 −77.27%
2021 −0.01%
2020 +285.47%
2019 +101.94%
2018 −82.44%
2017 +1,533.87%
2016 +89.18%
2015 +26.27%

Drawdowns

Mon 2015-05-11💬 to Tue 2026-06-09 Current
Drawdown
Worst
Drawdown
GBTC
×
−52.50%
from 2025-10-06 peak
−90.12%
2019-02-06
from 2017-12-18 peak
Grayscale Bitcoin Trust (BTC) NYSE Exchange-Traded Fund

Rolling Returns

Period ending Tue 2026-06-09 1
Year
2
Years
3
Years
5
Years
10
Years
GBTC
×
−45.93% −18.58%
−9.77%/yr
+258.31%
+53.02%/yr
+42.92%
+7.40%/yr
+3,482.58%
+43.03%/yr
Grayscale Bitcoin Trust (BTC) NYSE Exchange-Traded Fund