Grayscale Bitcoin Trust Etf Price History

GBTC Etf  USD 61.19  0.74  1.19%   
Below is the normalized historical share price chart for Grayscale Bitcoin Trust extending back to May 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grayscale Bitcoin stands at 61.19, as last reported on the 28th of March, with the highest price reaching 64.00 and the lowest price hitting 60.96 during the day.
200 Day MA
30.1459
50 Day MA
48.5362
 
Yuan Drop
 
Covid
If you're considering investing in Grayscale Etf, it is important to understand the factors that can impact its price. Grayscale Bitcoin is very steady given 3 months investment horizon. Grayscale Bitcoin Trust holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Grayscale Bitcoin Trust market risk adjusted performance of 0.566, and Risk Adjusted Performance of 0.1394 to evaluate company specific risk that cannot be diversified away.
  
Grayscale Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.272

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsGBTC
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.69
  actual daily
32
68% of assets are more volatile

Expected Return

 1.0
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Grayscale Bitcoin is performing at about 21% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grayscale Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Grayscale Bitcoin Etf Price History Chart

There are several ways to analyze Grayscale Bitcoin Trust Etf price data. The simplest method is using a basic Grayscale candlestick price chart, which shows Grayscale Bitcoin price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 13, 202465.58
Lowest PriceDecember 29, 202334.62

Grayscale Bitcoin March 28, 2024 Etf Price Synopsis

Various analyses of Grayscale Bitcoin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Grayscale Etf. It can be used to describe the percentage change in the price of Grayscale Bitcoin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Grayscale Etf.
Grayscale Bitcoin Price Daily Balance Of Power(0.24)
Grayscale Bitcoin Accumulation Distribution 612,889 
Grayscale Bitcoin Price Rate Of Daily Change 0.99 
Grayscale Bitcoin Price Action Indicator(1.66)

Grayscale Bitcoin March 28, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Grayscale Bitcoin Trust Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Grayscale Bitcoin intraday prices and daily technical indicators to check the level of noise trading in Grayscale Bitcoin Trust Etf and then apply it to test your longer-term investment strategies against Grayscale.

Grayscale Etf Price History Data

The price series of Grayscale Bitcoin for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 30.96 with a coefficient of variation of 22.15. Under current investment horizon, the daily prices are spread out with arithmetic mean of 46.17. The median price for the last 90 days is 42.48. The company completed 91:1 stock split on 29th of January 2018. Grayscale Bitcoin Trust completed dividends distribution on 2017-12-12.
OpenHighLowCloseVolume
03/27/2024 63.85  64.00  60.96  61.19  12,902,925 
03/26/2024 63.16  63.30  61.79  61.93  10,621,719 
03/25/2024 59.72  63.45  59.72  63.34  21,141,380 
03/22/2024 57.23  57.37  55.84  56.98  11,583,705 
03/21/2024 60.32  60.33  57.84  58.11  16,330,495 
03/20/2024 56.52  58.90  55.35  58.75  21,650,887 
03/19/2024 56.81  58.66  55.49  57.41  25,803,976 
03/18/2024 60.59  61.14  59.31  59.58  14,511,906 
03/15/2024 60.42  63.02  60.10  61.60  21,224,303 
03/14/2024 64.83  64.90  60.98  61.80  31,689,343 
03/13/2024 64.89  65.61  63.98  65.58  16,587,154 
03/12/2024 64.54  65.34  61.27  63.67  28,602,900 
03/11/2024 64.58  65.09  63.70  64.32  24,662,500 
03/08/2024 60.83  62.84  59.07  61.90  24,418,700 
03/07/2024 60.17  60.86  59.50  60.45  20,503,065 
03/06/2024 59.64  60.34  58.30  59.80  16,452,883 
03/05/2024 60.41  61.99  53.35  55.23  50,575,917 
03/04/2024 58.45  60.69  58.39  60.38  25,599,552 
03/01/2024 55.73  56.50  54.61  56.28  18,801,718 
02/29/2024 56.53  56.81  53.87  55.35  24,676,987 
02/28/2024 53.74  57.45  52.74  53.83  34,157,024 
02/27/2024 50.83  51.45  50.21  50.85  15,723,198 
02/26/2024 45.87  49.06  45.86  48.63  17,365,519 
02/23/2024 45.73  45.81  45.19  45.59  6,985,600 
02/22/2024 45.59  46.50  45.53  46.44  7,507,815 
02/21/2024 45.41  45.90  45.21  45.48  7,494,877 
02/20/2024 46.69  46.76  45.32  46.41  13,354,100 
02/16/2024 46.64  46.86  46.11  46.28  12,637,219 
02/15/2024 46.84  47.26  46.10  46.18  13,572,558 
02/14/2024 46.20  46.55  45.74  46.19  13,395,366 
02/13/2024 43.72  44.21  43.18  44.11  9,046,813 
02/12/2024 43.00  45.03  43.00  44.86  10,561,623 
02/09/2024 41.95  43.09  41.79  42.48  12,492,022 
02/08/2024 40.27  40.74  40.07  40.68  9,175,689 
02/07/2024 38.49  39.53  38.30  39.43  7,623,517 
02/06/2024 38.29  38.74  38.24  38.47  6,760,043 
02/05/2024 38.68  38.75  37.73  37.84  6,381,279 
02/02/2024 38.15  38.80  38.11  38.34  9,812,456 
02/01/2024 37.84  38.63  37.80  38.41  7,601,901 
01/31/2024 38.11  39.08  37.92  37.99  12,982,715 
01/30/2024 38.74  39.05  38.59  38.87  10,222,900 
01/29/2024 37.45  38.67  37.32  38.51  14,952,987 
01/26/2024 36.69  37.71  36.66  37.51  17,403,246 
01/25/2024 35.62  35.74  35.24  35.44  14,135,119 
01/24/2024 35.62  35.82  35.22  35.27  17,001,639 
01/23/2024 34.52  35.28  34.31  34.88  21,763,659 
01/22/2024 36.14  36.32  35.03  35.82  30,040,305 
01/19/2024 36.45  37.49  35.80  37.01  35,584,767 
01/18/2024 37.75  38.05  36.05  36.29  29,214,587 
01/17/2024 37.66  38.10  37.42  37.94  36,857,032 
01/16/2024 37.84  38.43  37.04  38.32  26,308,164 
01/12/2024 40.39  40.47  37.77  38.58  47,405,533 
01/11/2024 42.25  43.50  40.14  40.69  55,853,553 
01/10/2024 38.21  41.00  37.55  40.50  15,578,900 
01/09/2024 39.00  39.89  38.84  39.00  9,327,329 
01/08/2024 37.86  39.23  36.40  39.00  11,374,000 
01/05/2024 37.01  37.29  36.01  37.16  4,988,200 
01/04/2024 36.14  37.50  35.84  37.25  6,505,200 
01/03/2024 34.68  35.87  34.65  35.55  5,785,598 
01/02/2024 37.26  37.56  36.63  36.85  9,172,600 
12/29/2023 35.00  35.80  33.95  34.62  6,345,100 

About Grayscale Bitcoin Etf history

Grayscale Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Bitcoin Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Bitcoin stock prices may prove useful in developing a viable investing in Grayscale Bitcoin
Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States.

Grayscale Bitcoin Etf Technical Analysis

Grayscale Bitcoin technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Grayscale Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Sign In To Macroaxis Now

   

Sign In To Macroaxis

Sign in to explore Macroaxis' wealth optimization platform and fintech modules
All  Next Launch Module

Grayscale Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grayscale Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Grayscale Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Grayscale Bitcoin Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grayscale Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grayscale Bitcoin Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Grayscale Bitcoin Trust Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Grayscale Etf analysis

When running Grayscale Bitcoin's price analysis, check to measure Grayscale Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grayscale Bitcoin is operating at the current time. Most of Grayscale Bitcoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grayscale Bitcoin's price. Additionally, you may evaluate how the addition of Grayscale Bitcoin to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Valuation
Check real value of public entities based on technical and fundamental data
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Global Correlations
Find global opportunities by holding instruments from different markets
The market value of Grayscale Bitcoin Trust is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.