BPI
-9.34 · -28.04%
$23.97 · NASDAQ

Grayscale Funds Trust (BPI) ETF Analysis | Digital Assets

Grayscale · USA
AUM:$3.3M
#– of – in Digital Assets ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 22.1% over the past year, indicating meaningful price weakness.

What is BPI?

The fund is an actively managed exchange-traded fund ("ETF") that seeks indirect exposure to the returns of bitcoin by investing in bitcoin ETPs, including, but not limited to the Grayscale Bitcoin Trust (Ticker: GBTC) and the Grayscale Bitcoin Mini Trust ETF (Ticker: BTC). The manager seeks to deliver this through fully synthetic exposure via the purchase and sale of a combination of call and put option contracts that utilize the Bitcoin ETPs as the reference asset.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
BPI returned -22.1% over the past year, reflecting recent market conditions.
Broadly Diversified
Top 10 holdings represent just 0.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$3.3M
Expense Ratio0.00%
Dividend Yield0.00%
Holdings1
Inception DateApr 2025
Domicile–
Distribution–
Index–
ProviderGrayscale
Beta–
CategoryDigital Assets
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+10.0%
1Y
-33.0%
3Y
-16.6%
5Y
-16.6%
OpenBook InsightIf you had invested £10,000 in BPI 5 years ago, it would have fallen to £8,341 — a loss of £1,659.

Annual Returns

Calendar year performance

BPI delivered positive returns in 0 of the last 2 calendar years.
YearBPI
2026 YTD-17.2%
2025-1.4%
0/2 positive yearsAvg return: -9.3%Worst year: -17.2% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
33.7%
High
Momentum
+22.9%
30-day change
Support Level
20.24
Key floor
Key Insights
  • Momentum is upward with a 22.9% move over 30 days.
  • Monitor key support and resistance levels as part of broader risk assessment.