{"url":"https://etfiq.com/compare/crypto/gbtc-vs-hodl","section":"compare","title":"GBTC vs HODL: Tracking, Returns & Fees | ETFIQ","description":"GBTC and HODL both hold Bitcoin. Over the same days to Oct 28, 2026 GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 ahead.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which tracked Bitcoin more closely, GBTC or HODL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 28, 2026, GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 of a percentage point ahead, so HODL tracked it more closely, by 1.00 of a percentage point. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin, all together."}},{"@type":"Question","name":"Do GBTC or HODL pay a staking yield?","acceptedAnswer":{"@type":"Answer","text":"Bitcoin is a proof of work chain, so there is nothing to stake and no fund holding it can pay a staking yield."}},{"@type":"Question","name":"What is the difference between GBTC and HODL?","acceptedAnswer":{"@type":"Answer","text":"Both hold Bitcoin through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. GBTC is sponsored by Grayscale; HODL by VanEck, first traded Jan 11, 2024."}},{"@type":"Question","name":"Which is cheaper, GBTC or HODL?","acceptedAnswer":{"@type":"Answer","text":"GBTC charges 1.50% a year and HODL charges 0.20%, so HODL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Crypto ETFs","item":"https://etfiq.com/crypto/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"GBTC vs HODL","item":"https://etfiq.com/compare/crypto/gbtc-vs-hodl"}]},{"@type":"WebPage","name":"GBTC vs HODL: Tracking, Returns & Fees","description":"GBTC and HODL both hold Bitcoin. Over the same days to Oct 28, 2026 GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 ahead.","url":"https://etfiq.com/compare/crypto/gbtc-vs-hodl","dateModified":"2026-10-28","abstract":"Over the year to Oct 28, 2026, GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 ahead.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GBTC and HODL","description":"GBTC and HODL both hold Bitcoin. Over the same days to Oct 28, 2026 GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 ahead.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/crypto/gbtc-vs-hodl","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"}],"variableMeasured":["Fund total return","Coin return over the same days","Tracking difference","Compounded difference","Sponsor's fee","Fee waiver","Staking","Days traded"],"keywords":["exchange-traded funds","ETF","Crypto ETFs","fund data","SEC filings"]}],"characters":7729,"truncated":true,"content":"ETFIQ / Crypto ETFs / Compare ETFs / GBTC vs HODL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 28, 2026 .\n\n GBTC vs HODL: Tracking, Returns & Fees\n\n Over the year to Oct 28, 2026, GBTC finished 1.0 percentage point behind Bitcoin and HODL 0.02 ahead.\n Copy this for sharing \n \n HODL costs 1.30 points a year less; their one-year returns differ by 1.0 point.\n GBTC and HODL at a glance. As of Oct 28, 2026. Source: ETFIQ. GBTC HODL \n Expense ratio 1.50% 0.20% \n Net assets, GBTC as of Jun 30, 2026 and HODL as of Oct 27, 2026 $8.1bn $1.2bn \n Total return, 1 year \u221229.3% \u221228.3% \n What it ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, GBTC against HODL, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/gbtc-vs-hodl","a":{"ticker":"GBTC","name":"Grayscale Bitcoin Trust ETF","issuer":"Grayscale","desk":"crypto","as_of":"2026-10-28","verdict":"Over the year to Oct 28, 2026, GBTC lost 29.3%, against \u221228.3% for bitcoin.","url":"https://etfiq.com/funds/gbtc","key_facts":[{"label":"Total return, 1 year","value":"\u221229.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Bitcoin over the same days","value":"\u221228.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Difference against Bitcoin, in percentage points","value":"\u22121.0 pts","as_of":"2026-10-28","source":null},{"label":"Net assets","value":"$8.1bn","as_of":"2026-06-30","source":"10-Q balance sheet, as of Jun 30, 2026"},{"label":"Holds","value":"Bitcoin","as_of":"2026-10-28","source":null}]},"b":{"ticker":"HODL","name":"VanEck Bitcoin ETF","issuer":"VanEck","desk":"crypto","as_of":"2026-10-28","verdict":"Over the year to Oct 28, 2026, HODL lost 28.3%, against \u221228.3% for bitcoin.","url":"https://etfiq.com/funds/hodl","key_facts":[{"label":"Total return, 1 year","value":"\u221228.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Bitcoin over the same days","value":"\u221228.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Difference against Bitcoin, in percentage points","value":"0.0 pts","as_of":"2026-10-28","source":null},{"label":"Days it has traded","value":"702","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$1.2bn","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"},{"label":"Holds","value":"Bitcoin","as_of":"2026-10-28","source":null}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/crypto/gbtc-vs-hodl"}