BTC to Bitcoin Calculator
Convert Grayscale Bitcoin Mini Trust (BTC) share prices, option strikes, and premiums to their Bitcoin equivalents using live market data.
Based on BTC BTC-per-share ratio, updated daily from fund holdings data.
Options Break-Even Calculator
"What BTC price does this contract need?"
Enter the option premium from your brokerage to calculate break-even.
Common BTC Strikes → BTC Prices
Quick reference for standard strikes. Enter premium above for break-even calculation.
| BTC Strike | BTC for ITM | vs. Current BTC |
|---|---|---|
| $30.00 | $52,817 | — |
| $35.00 | $61,620 | — |
| $40.00 | $70,423 | — |
| $45.00 | $79,225 | — |
| $50.00● Current | $88,028 | — |
| $55.00 | $96,831 | — |
| $60.00 | $105,634 | — |
| $65.00 | $114,437 | — |
| $70.00 | $123,239 | — |
| $75.00 | $132,042 | — |
| $80.00 | $140,845 | — |
Current BTC ↔ BTC Parity
Live market data for reference.
FAQ
What is the Grayscale Bitcoin Mini Trust?
BTC is a low-fee (0.15%) Bitcoin ETF that Grayscale spun off from GBTC in July 2024. Existing GBTC holders received BTC shares proportionally, giving them a cheaper alternative without forcing a taxable sale.
How does BTC compare to GBTC?
BTC charges 0.15% vs GBTC’s 1.50% — ten times less. Both are issued by Grayscale and use Coinbase Custody. BTC was created specifically to address GBTC’s high fee problem.
How do I convert BTC (Mini Trust) shares to Bitcoin?
Multiply your shares by the BTC-per-share ratio above. Don’t confuse the ticker “BTC” with Bitcoin itself — this is an ETF that holds Bitcoin, not Bitcoin directly.
What is BTC’s expense ratio?
0.15%, currently the lowest among all major spot Bitcoin ETFs.
View BTC daily prices and charts, read the BTC ETF fact sheet, or browse all Bitcoin ETF calculators.