What is the expense ratio of the ETF Bitcoin Trust (GBTC)?

3 answers

• sfurunNov 27, 2020 · 5 years ago
  The expense ratio of the ETF Bitcoin Trust (GBTC) is 2%. This means that for every $100 invested in the trust, $2 goes towards covering the operating expenses. The expense ratio is an important factor to consider when investing in an ETF, as it directly impacts the returns. A higher expense ratio can eat into the overall performance of the trust, reducing the potential gains for investors. It is recommended to compare the expense ratios of different ETFs before making an investment decision.
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• Marta9Jun 04, 2025 · 2 months ago
  The expense ratio of the ETF Bitcoin Trust (GBTC) is 2%. This is relatively high compared to other ETFs, but it is important to note that GBTC is the only ETF that provides exposure to Bitcoin. The expense ratio covers the costs associated with managing and operating the trust, including custody fees, legal fees, and administrative expenses. While the expense ratio may seem high, it is necessary to ensure the trust operates smoothly and securely. Investors should consider the potential returns and risks of investing in Bitcoin through GBTC before making a decision.
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• Kaspersen MoserSep 20, 2023 · 2 years ago
  The expense ratio of the ETF Bitcoin Trust (GBTC) is 2%. This means that for every $100 invested in GBTC, $2 is deducted to cover the trust's operating expenses. The expense ratio includes costs such as management fees, custodial fees, and administrative expenses. It is important to consider the expense ratio when evaluating the overall performance of the trust, as higher expenses can eat into the potential returns. However, it is also important to note that GBTC offers a convenient way for investors to gain exposure to Bitcoin without directly owning the cryptocurrency. Investors should carefully weigh the expense ratio against the potential benefits of investing in GBTC.
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