Grayscale crypto ETFs, ETPs and trusts

Grayscale was founded in 2013 as a digital-asset-focused investment manager. Its first product, the Bitcoin Investment Trust, began operating that year and later became the Grayscale Bitcoin Trust. The firm subsequently expanded into ether and a wider range of single-asset, diversified and thematic products.

Grayscale’s product history differs from that of issuers that entered the market by launching new ETFs. Several Grayscale products began as private placements, later obtained public quotations on OTC markets and, in some cases, were subsequently converted or uplisted into exchange-traded products.

This history has produced a varied range. It includes large bitcoin and ether products with long operating records, lower-fee mini products, staking strategies, multi-asset portfolios, covered-call and premium-income products, crypto equity ETFs and trusts linked to smaller digital assets.

Grayscale’s bitcoin and ether ranges include both established products and lower-fee mini products. GBTC and ETHE began operating years before they became exchange-traded products. The Bitcoin Mini Trust ETF and Ethereum Mini ETF were created later as separate products with different fee levels.

The issuer has also expanded its use of staking. Staking products hold proof-of-stake assets and may receive protocol rewards, subject to product expenses, operational arrangements and network risks.

Grayscale’s options-income products are designed differently from its single-asset holdings. Covered-call and premium-income strategies use options linked to crypto exposure and therefore should not be compared with spot products on fee alone.

Its equity products, including funds focused on bitcoin miners or corporate crypto adoption, invest in shares rather than directly holding digital assets. Their performance can be affected by company operations, equity-market conditions and business-specific risks.

The stated annual fees across Grayscale’s tracked products currently range from 0.15% to 2.50%.

The wide range partly reflects differences in product age, structure and access. Mini products, exchange-traded staking products, options strategies, OTC trusts and private placements should not be treated as a single like-for-like fee comparison.

Show permanent annual fees as the primary figure. If a fee waiver applies, display the waived rate, expiry date and standard rate separately.

Grayscale’s tracked range is concentrated in the United States. Exchange-traded products are primarily listed on NYSE Arca or Nasdaq, while several older trusts are quoted on OTC markets. Other vehicles remain available only through private placement.

The trading venue affects liquidity, access and product mechanics. An NYSE Arca listing, an OTC quotation and a private placement should always be identified separately in the product table.

This page combines FindCryptoETFs product data with selected issuer history and product context. Product counts cover active exchange-traded products associated with the issuer. Where possible, multiple exchange listings or currency trading lines sharing the same ISIN are treated as one product.

Combined reported AUM is calculated from the latest available product-level figures. Reporting dates can differ, and products without available AUM are excluded. The result may not match the issuer’s corporate AUM because the issuer may include private funds, products outside the FindCryptoETFs database or assets from other business lines.

Fee figures represent stated annual product fees. They can exclude brokerage charges, bid and offer spreads, taxes and other investor-level costs. Promotional waivers should be identified separately from permanent fees.