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GBTC vs BCCC

Grayscale Bitcoin Trust ETF vs Global X Bitcoin Covered Call ETF

GBTC

Grayscale Bitcoin Trust ETF

Grayscale

Annual cost

1.50%

Fund size

$11.5B

BCCC

Global X Bitcoin Covered Call ETF

Global X Funds

Annual cost

0.75%

Fund size

$10M

Key differences

  • BCCC costs 0.75% less per year.
  • GBTC is significantly larger than BCCC — larger funds tend to be more liquid and less likely to close.
  • GBTC is classified as cryptocurrency, while BCCC is alternative — different risk/return profiles.
  • GBTC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GBTCBCCC
Annual cost (TER)1.50%0.75%
Fund size (AUM)$11.5B$10M
Since20132025
Dividend yield0.00%
Asset classcryptocurrencyalternative
Regionnorth america
Strategyoption income
CAGR 1Y-31.4%N/A
CAGR 3Y+63.1%N/A
CAGR 5Y+12.9%N/A
Sharpe 3Y1.13N/A
Volatility 1Y43.28%
Max drawdown-89.91%-42.15%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to GBTC and BCCC