GBTC

Grayscale Bitcoin Trust ETF

ETF

$64.40−0.50 (−0.77%)Close Sep 28, 2026

GBTC returned 53.33% a year from May 2015 to Sep 2026, turning $10,000 into $1,297,492. It fell 89.91% from Dec 2017 to Dec 2018, and it took 3 years to get back to its high.

May 11, 2015 – Sep 28, 2026

$10,000 became	CAGR	Max drawdown	Sharpe ratio
$1,297,492	53.33%	−89.91%	0.93

$10,000 became	$1,297,492
CAGR	53.33%
Max drawdown	−89.91%
Sharpe ratio	0.93

Growth of $10,000

GBTC

Trailing returns

Ticker	1M	3M	6M	YTD	1Y	3Y	5Y	10Y	Since 2015
GBTC	+7.32%	+39.15%	+25.37%	−5.79%	−24.81%	+55.39%	+16.85%	+53.34%	+53.33%

Period	GBTC
1M	+7.32%
3M	+39.15%
6M	+25.37%
YTD	−5.79%
1Y	−24.81%
3Y	+55.39%
5Y	+16.85%
10Y	+53.34%
Since 2015	+53.33%

Metrics

Return	GBTC
Final balance	$1,297,492
Total return	12,874.92%
CAGR	53.33%
Calendar years	GBTC
Best year	1,557.21%
Worst year	−82.10%
Positive years	7 of 10
Risk	GBTC
Max drawdown	−89.91%
Longest drawdown	3 years
Volatility (annualized)	81.07%
Risk-adjusted	GBTC
Sharpe ratio	0.93
Sortino ratio	1.45
Calmar ratio	0.59

Return	GBTC
Final balance	$1,297,492
Total return	12,874.92%
CAGR	53.33%
Calendar years	GBTC
Best year	1,557.21%
Worst year	−82.10%
Positive years	7 of 10

Risk	GBTC
Max drawdown	−89.91%
Longest drawdown	3 years
Volatility (annualized)	81.07%
Risk-adjusted	GBTC
Sharpe ratio	0.93
Sortino ratio	1.45
Calmar ratio	0.59

Worst drawdowns

Decline	Peak	Bottom	Recovered	Length
−89.9%	Dec 2017	Dec 2018	Jan 2021	3 years
−86.2%	Feb 2021	Dec 2022	Mar 2024	3 years
−53.8%	May 2015	Aug 2015	Nov 2015	6 months
−53.8%	Oct 2025	Jun 2026	Not yet	1 year
−48.4%	Aug 2017	Sep 2017	Nov 2017	3 months

Annual returns

Year	GBTC
2015from May 11	+26.00%
2016	+93.10%
2017	+1,557.21%
2018	−82.10%
2019	+106.56%
2020	+290.72%
2021	+7.03%
2022	−75.80%
2023	+317.61%
2024	+136.68%
2025	−7.65%
2026to Sep 28	−5.79%