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How much bitcoin is in one share of BTC?
Grayscale Bitcoin Mini Trust ETF (BTC), from Grayscale. Coins per share, fee, and a calculator for your shares.
As of Oct 23, 2026, one share of BTC held 0.00044199 BTC (about 44,199 sats). About 2,262 shares of BTC equal one BTC.
Coin value of one share now: — at the current price per BTC.
BTC calculator: shares to BTC, or BTC to shares
How the fee shrinks BTC’s bitcoin per share
| After | BTC per share | Coin lost to fees |
|---|---|---|
| 1 year | 0.00044133 | 0.15% |
| 5 years | 0.00043869 | 0.75% |
| 10 years | 0.00043541 | 1.49% |
Assumes the 0.15% fee stays the same. Compare fees across all funds.
Other spot BTC ETFs (by fee)
MSBT 0.14%EZBC 0.19%BITB 0.20%HODL 0.20%ARKB 0.21%IBIT 0.25%FBTC 0.25%BRRR 0.25%BTCO 0.25%BTCW 0.25%GBTC 1.50%
BTC FAQ
How much bitcoin is in one share of BTC?
As of Oct 23, 2026, one share of BTC held 0.00044199 BTC (about 44,199 sats). About 2,262 shares of BTC equal one BTC. Source: Grayscale.
How many shares of BTC equal 1 BTC?
About 2,262 shares as of Oct 23, 2026. This rises slowly over time because the 0.15% fee is paid in bitcoin.
What is the BTC expense ratio?
BTC charges 0.15% a year. It is the 2nd cheapest of 12 spot BTC funds listed here.
Does BTC stake its bitcoin?
No. BTC does not stake, so its bitcoin per share only goes down over time, by roughly the fee each year.
Is BTC the same as owning bitcoin?
Not quite. BTC holds bitcoin for you and its price tracks the coin, but you own fund shares, pay the fee, and cannot withdraw the coin. Shares can trade a little above or below the value of the coins they hold.