Grayscale Bitcoin Cash Trust
BCHG
Other OTC- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Adam Sonnenshein
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 290 Harbor Drive Stamford CT United States of America 6902
- IPO Date
- Aug 18, 2020
- CIK
- 0001732409
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Bitcoin Cash Trust (BCHG) is a Delaware statutory trust sponsored by Grayscale Investments, LLC that provides investors with exposure to Bitcoin Cash (BCH) through publicly traded shares without requiring direct ownership of the underlying digital asset; the Trust holds BCH in cold storage custody provided by Coinbase Custody Trust Company, LLC and issues shares representing fractional undivided beneficial ownership interests in the Trust's assets, calculated based on the net asset value derived from the CoinDesk BCH Reference Rate. Shares trade on OTC Markets Group under the ticker BCHG with a total expense ratio of 2.50%, no distributions, and are created in baskets of 100 shares in exchange for BCH from authorized participants; the Trust does not currently operate a redemption program. Formed on January 26, 2018, with operations commencing March 1, 2018, and publicly listed since August 18, 2020, the Trust is headquartered at c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902. The Trust's sole investment is in BCH, a digital asset forked from Bitcoin in 2017 and operating on a proof-of-work blockchain; it seeks to reflect the performance of BCH held by the Trust, less the Sponsor's Fee and liabilities, with shares outstanding at approximately 47.1 million and BCH per share of about 0.0082 as of late 2025. Targeting institutional and accredited investors seeking indirect cryptocurrency exposure via traditional brokerage accounts, the Trust operates exclusively in the United States with no international geographic footprint beyond global BCH market pricing. In recent developments, the Trust amended its Trust Agreement in October 2025 following shareholder approval of proposals solicited on September 25, 2025, to enhance operational flexibility, including revisions to basket creation and redemption procedures, daily accrual and payment of the Sponsor's 2.50% fee in arrears, and expanded Sponsor authority over trust assets and amendments. On October 24, 2025, Grayscale Investments Sponsors, LLC underwent a corporate reorganization when its parent, GSO Intermediate Holdings Corporation, transferred membership units to newly formed Grayscale Investments, Inc., which assumed sole managing member status of Grayscale Operating, LLC, with no material impact on Trust operations. Additional changes included a November 18, 2025, trading platform update to improve infrastructure and liquidity, a board transition at the sponsor's parent with Simon Koster replacing Matthew Kummell on October 13, 2025, and a shift on October 1, 2025, from the CoinDesk Bitcoin Cash Price Index to the CoinDesk BCH Reference Rate for NAV calculations.