# Osprey Bitcoin Trust (OBTC)

> Source: Nexqual · https://nexqual.com/OBTC · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Osprey Bitcoin Trust (OBTC), nexqual.com/OBTC" · informational, not investment advice.

**Price:** USD 25.99 (-0.19% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 26.04 · day 25.99–26.17 · 52w 18.38–34.65 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y -21.3% vs S&P 500 +13.4%; 5Y +45.2% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2025 | TTM |
|---|---|---|---|
| Net income | $119M | -$13.4M | -$4.0M |
| Cash + short-term investments | $0K | $68K | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -21.3% | +45.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -21.4% | +7.8% |
| Volatility (annualized) | 45.3% | 57.6% |
| Max drawdown | -45.6% (Oct 2025→Jun 2026) | -83.1% (Nov 2021→Nov 2022) |

## Peers
BITW (BITWISE 10 CRYPTO INDEX ETF) USD 52.29 -0.11% · BCHG (Grayscale Bitcoin Cash Trust (B) USD 2.16 +3.60% · LTCN (Grayscale Litecoin Trust (LTC)) USD 4.19 -3.63% · ETCG (Grayscale Ethereum Classic Trus) USD 3.81 +0.79% · GDLC (Grayscale CoinDesk Crypto 5 ETF) USD 36.57 -0.41%

## More
Full page: https://nexqual.com/OBTC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt