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

Thu 2019-06-20? to Wed 2026-03-04	YTD Return	TRR Price
GBTC ×	−17.14% 2026-03-04	101.23 TRR 2026-03-04
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	−28.10% 2026-03-04	0.4156 TRR 2026-03-04
Grayscale Ethereum Trust (ETH) NYSE Exchange-Traded Fund

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Returns

Thu 2019-06-20? to Wed 2026-03-04	Overall Return	Exponential Trendline
GBTC ×	+294.39% +22.71%/yr	+30.53%/yr (R2=0.474)
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	−58.44% −12.27%/yr	+15.68%/yr (R2=0.199)
Grayscale Ethereum Trust (ETH) NYSE Exchange-Traded Fund

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Growth of $10,000

Thu 2019-06-20? to Wed 2026-03-04	Start Value	End Value
GBTC ×	$10,000.00 2019-06-20	$39,439.45 2026-03-04
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	$10,000.00 2019-06-20	$4,156.00 2026-03-04
Grayscale Ethereum Trust (ETH) NYSE Exchange-Traded Fund

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Annual Returns

Year	GBTC	ETHE
2026 (YTD)	−17.14%	−28.10%
2025	−10.06%	−15.29%
2024	+133.07%	+40.12%
2023	+304.06%	+295.15%
2022	−77.27%	−86.18%
2021	+0.00%	+95.02%
2020	+285.45%	+434.50%
2019	+101.94%	−91.44%
2018	−82.44%	—
2017	+1,534.15%	—
2016	+89.16%	—
2015	+50.14%	—

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Drawdowns

Thu 2019-06-20? to Wed 2026-03-04	Current Drawdown	Worst Drawdown
GBTC ×	−42.34%	−87.83% 2022-12-28
Grayscale Bitcoin Trust (BTC) Exchange-Traded Fund
ETHE ×	−78.51%	−96.27% 2019-09-30
Grayscale Ethereum Trust (ETH) NYSE Exchange-Traded Fund