Grayscale Bitcoin Mini Trust ETF (BTC)Digital Assets | Exchange Traded Fund | NYSEArca
34.30 USD
-1.04
(-2.943%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 34.33 +0.03 (0.087%) ⇧ (Aug. 28, 2026, 7:51 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:13 a.m. EDT
The Grayscale Bitcoin Mini Trust ETF presents a classic case of a speculative vehicle riding a massive momentum wave rather than a fundamental investment opportunity. While the asset has delivered a spectacular +93.67% return over the last year, it is essentially a proxy for Bitcoin's price action with no intrinsic business value, no earnings, and no dividend yield. The recent price action shows a sharp recovery from a 25% NAV cut, closing near the 52-week high, which fuels the short-term bullish thesis. However, the options data reveals a critical divergence: while retail and speculators are piling into calls betting on further gains, the heavy put volume at deep strikes suggests institutional hedging against a potential crypto winter. For a traditional investor, this is a high-risk, high-reward trade dependent entirely on the continued acceptance of crypto assets as a store of value, lacking the safety margin or cash flow generation required for a long-term hold. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.098956 |
| AutoETS | 0.102832 |
| AutoTheta | 0.104272 |
| AutoARIMA | 0.188378 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 11.01 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.19 |
As of Aug. 22, 2026, 4:13 a.m. EDT: Speculators are positioning aggressively for upside, evidenced by massive open interest walls at $40 and $50 strikes across multiple expirations, particularly in the 2027 timeframe where OTM call volume dominates. Conversely, put activity is concentrated in deep out-of-the-money strikes ($15-$26), suggesting a hedge against a crash rather than a bearish bet on the immediate future. The implied volatility surface shows significant spikes at extreme strikes, indicating a 'straddle' style positioning for high volatility events, but the heavy skew toward call volume suggests the primary sentiment is bullish.
| Attribute | Value |
|---|---|
| All Time High | 55.96 |
| All Time Low | 5.25 |
| Ask | 34.29 |
| Ask Size | 7,800 |
| Average Daily Volume10 Day | 2,380,930 |
| Average Daily Volume3 Month | 1,943,637 |
| Average Volume | 1,943,637 |
| Average Volume10Days | 2,380,930 |
| Beta3 Year | 0.0 |
| Bid | 34.28 |
| Bid Size | 9,300 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 35.33 |
| Day Low | 34.0 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.8228 |
| Fifty Day Average Change | 5.4771996 |
| Fifty Day Average Change Percent | 0.1900301 |
| Fifty Two Week Change Percent | -27.99511 |
| Fifty Two Week High | 55.96 |
| Fifty Two Week High Change | -21.66 |
| Fifty Two Week High Change Percent | -0.3870622 |
| Fifty Two Week Low | 25.65 |
| Fifty Two Week Low Change | 8.65 |
| Fifty Two Week Low Change Percent | 0.33723196 |
| Fifty Two Week Range | 25.65 - 55.96 |
| First Trade Date Milliseconds | 1,722,432,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.04 |
| Fullday Change Percent | -2.94284 |
| Fullday Price | 34.33 |
| Fund Family | Grayscale |
| Fund Inception Date | 1,722,384,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | While an investment in the shares is not a direct investment in Bitcoin, the shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to Bitcoin. |
| Long Name | Grayscale Bitcoin Mini Trust ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1874530420 |
| Nav Price | 35.33 |
| Net Assets | 3,707,137,280.0 |
| Net Expense Ratio | 0.15 |
| Open | 35.04 |
| Post Market Change | 0.030002594 |
| Post Market Change Percent | 0.08747112 |
| Post Market Price | 34.33 |
| Post Market Time | 1,787,961,061 |
| Previous Close | 35.34 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.04 |
| Regular Market Change Percent | -2.94284 |
| Regular Market Day High | 35.33 |
| Regular Market Day Low | 34.0 |
| Regular Market Day Range | 34.0 - 35.33 |
| Regular Market Open | 35.04 |
| Regular Market Previous Close | 35.34 |
| Regular Market Price | 34.3 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 3,546,751 |
| Short Name | Grayscale Bitcoin Mini Trust (B |
| Source Interval | 15 |
| Symbol | BTC |
| Total Assets | 3,707,137,280 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.69754 |
| Trailing Three Month Returns | -17.69754 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.34905 |
| Two Hundred Day Average Change | 0.9509506 |
| Two Hundred Day Average Change Percent | 0.028515074 |
| Type Disp | ETF |
| Volume | 3,546,751 |
| Yield | 0.0 |
| Ytd Return | -28.21373 |