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

Fri 2019-06-14? to Fri 2025-05-02	YTD Return	TRR Price
GBTC ×	+1.85% 2025-05-02	122.54 TRR 2025-05-02
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	−46.19% 2025-05-02	1.835 TRR 2025-05-02
Grayscale Ethereum Trust (ETH) Exchange-Traded Fund

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Returns

Fri 2019-06-14? to Fri 2025-05-02	Overall Return	Exponential Trendline
GBTC ×	+466.62% +34.29%/yr	+24.01%/yr (R2=0.305)
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	+83.53% +10.87%/yr	+15.41%/yr (R2=0.143)
Grayscale Ethereum Trust (ETH) Exchange-Traded Fund

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Growth of $10,000

Fri 2019-06-14? to Fri 2025-05-02	Start Value	End Value
GBTC ×	$10,000.00 2019-06-14	$56,661.73 2025-05-02
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	$10,000.00 2019-06-14	$18,352.91 2025-05-02
Grayscale Ethereum Trust (ETH) Exchange-Traded Fund

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Annual Returns

Year	GBTC	ETHE
2025 (YTD)	+1.85%	−46.19%
2024	+107.80%	+40.08%
2023	+304.13%	+295.21%
2022	−77.27%	−86.19%
2021	+0.00%	+95.07%
2020	+285.60%	+434.47%
2019	+101.86%	−57.23%
2018	−82.44%	—
2017	+1,523.45%	—
2016	+89.13%	—
2015	+50.15%	—

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Drawdowns

Fri 2019-06-14? to Fri 2025-05-02	Current Drawdown	Worst Drawdown
GBTC ×	−11.02%	−87.84% 2022-12-28
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	−81.01%	−96.27% 2019-09-30
Grayscale Ethereum Trust (ETH) Exchange-Traded Fund