Grayscale Bitcoin Mini Trust hits $5 billion AUM within a year

Grayscale’s low-cost Bitcoin exchange-traded product (ETP), known as Grayscale Bitcoin Mini Trust (BTC), has rapidly gained traction. Barely a year since its launch, the fund has already surpassed $5 billion in assets under management (AUM).

The Mini Trust was developed in response to investor demand for a simpler, cheaper method to access Bitcoin via traditional brokerage platforms. Launched in 2024, the product trades on NYSE Arca under the ticker BTC. It boasts a management fee of just 0.15%, making it one of the most affordable Bitcoin investment vehicles on the U.S. market. By surpassing the $5B in AUM milestone, BTC has achieved only what nine other ETF products have, excluding mutual fund conversions, based in the U.S.

“BTC is not just low-cost, it’s easy to access, and now clearly in high demand,” said Grayscale CEO Michael Sonnenshein. The product’s appeal spans both institutional and retail investors looking to participate in the Bitcoin market without managing private keys or wallets.

Adding BTC to your portfolio

With no minimum investment, BTC is accessible to nearly anyone, making it ideal for dollar-cost averaging strategies or tax-advantaged retirement accounts like IRAs. The Grayscale Bitcoin Mini Trust (BTC) trades like any other ETF. Investors can purchase shares through online brokerage accounts, provided they have access to NYSE Arca-listed securities.

BTC is also accessible for solicitation by financial advisors through a leading national broker-dealer platform, making it easier for advisors and wealth managers to integrate the product into their clients’ portfolios. This increased availability highlights a larger trend of rising institutional interest in digital assets and a move toward including Bitcoin as part of diversified investment strategies.

As Sonnenshein noted, “The strong momentum behind BTC reflects the next stage of Bitcoin adoption in regulated markets.”