Bitcoin Index

GBBTC
LiveSingle Asset

A real-time, institutional-grade benchmark tracking the price of Bitcoin, calculated from volume-weighted data across eight top-tier exchanges.

Price History

12-month performance overview

Composition
100% Bitcoin (BTC)
Rebalance Frequency
N/A — Single Asset
Launch Date
January 2024
Status
Live
Reference AUM
$1.2 Billion
Data Sources
8 Top-Tier Exchanges

Index Methodology

A real-time, institutional-grade benchmark tracking the price of Bitcoin, calculated from volume-weighted data across eight top-tier exchanges.

The Global Benchmarks AB Bitcoin Index (GBBTC) is calculated using a volume-weighted average price (VWAP) methodology aggregated across eight of the world's most liquid and regulated cryptocurrency exchanges. The index is designed to provide a single, reliable reference price for institutional use cases including ETP net asset value calculation, portfolio benchmarking, and derivatives settlement.

Applications

How Institutions Use This Index

ETP Product Issuance

Use GBBTC as the underlying benchmark for exchange-traded products, including ETPs and ETNs listed on regulated European exchanges. Our index provides the reference price for NAV calculation and creation/redemption processes.

Portfolio Benchmarking

Measure fund performance against a transparent, independently calculated Bitcoin benchmark. GBBTC provides the institutional-grade reference rate that asset managers need for accurate performance attribution and client reporting.

Risk Management

Leverage consistent, manipulation-resistant pricing data for VaR calculations, stress testing, and regulatory reporting. The index's multi-source methodology ensures reliability even during periods of high market volatility.