Screener
MSBT vs GBTC
Morgan Stanley Bitcoin Trust vs Grayscale Bitcoin Trust ETF
Key differences
Both MSBT and GBTC are cryptocurrency ETFs. MSBT charges 0.14% a year and GBTC 1.50%. The main difference: MSBT costs 1.36% less per year.
- MSBT costs 1.36% less per year.
- GBTC is much larger than MSBT. Larger funds are usually more liquid and less likely to close.
- GBTC has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| MSBT | GBTC | |
|---|---|---|
| Annual cost (TER) | 0.14% | 1.50% |
| Fund size (AUM) | $260M | $10.7B |
| Since | 2026 | 2013 |
| Dividend yield | — | 0.00% |
| Asset class | cryptocurrency | cryptocurrency |
| Region | — | — |
| Strategy | — | — |
| CAGR 1Y | N/A | -43.4% |
| CAGR 3Y | N/A | +55.1% |
| CAGR 5Y | N/A | +11.4% |
| Sharpe 3Y | N/A | 1.03 |
| Volatility 1Y | — | 43.96% |
| Max drawdown | -31.39% | -89.91% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.