GCPU
Grayscale AI Compute ETF
Grayscale AI Compute ETF offers exposure to a global basket of companies helping meet growing demand for AI compute.
Global
EQUITY
Passive
MANAGEMENT STYLE
$ 6.3 M
ASSETS UNDER MGMT
59 bp
EXPENSES
Fund Basics
| Inception date | Jan 29, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NEBIUS GROUP NV | 8.0 % |
| COREWEAVE INC-CL A | 7.8 % |
| DIGITALOCEAN HOLDINGS, INC. | 7.6 % |
| HUT 8 CORP | 6.9 % |
| HEWLETT PACKARD ENTERPRISE CO. | 6.2 % |
| IREN LTD | 6.1 % |
| SBI HOLDINGS INC | 6.0 % |
| CORE SCIENTIFIC, INC. | 4.9 % |
| TERAWULF INC. | 4.7 % |
| APPLIED BLOCKCHAIN INC | 4.3 % |
Constituent Breakdown
| Number of holdings | 29 |
| Herfindahl-Hirschman Index | 550 |
| Wgt avg mkt cap (mns) | $17,633 |
| Large cap (>$10bn) | 48.5% |
| Mid cap ($2-10bn) | 34.2% |
| Small cap (<$2bn) | 4.4% |
| Developed mkts. | 94.2% |
| Emerging mkts. | 2.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 58.8 % |
 |
CANADA | 8.9 % |
 |
NETHERLANDS | 8.0 % |
 |
AUSTRALIA | 6.1 % |
 |
JAPAN | 6.0 % |
 |
INDIA | 1.3 % |
 |
CHINA | 0.9 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | 0.0% |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | 0.0% | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | 30.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 3.56 | 35% |
| MSCI EAFE | 2.49 | 25% |
| MSCI Emg Mkts | 1.93 | 39% |
Liquidity Measures
| Avg. volume (000) | 72 |
| ADV traded (mns) | $1 |
| Turnover | 21.8% |
| Avg. Bid/Ask (% of price) | 0.26% |
Technical Indicators
| 30d moving avg. (EMA) | $35.99 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -1.26/-1.50 |
| Bollinger Bands (Upper/Lower) | $38.69/$31.11 |
| Short interest (% of AUM) | 0.7% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GCPU |
Expenses vs. GCPU |
ALTAR Score™ vs. GCPU |
|---|---|---|---|---|
| WGMI | Valkyrie Bitcoin Miners ETF | 57.3% | +16 bp | -31.8% |
| BKCH | Global X Blockchain ETF | 43.6% | -9 bp | -4.0% |
| DAPP | VanEck Digital Transformation ETF | 41.2% | -7 bp | -2.5% |
| NODE | VanEck Onchain Economy ETF | 36.4% | +8 bp | -1.9% |
| IBLC | iShares Blockchain and Tech ETF | 32.8% | -12 bp | -4.2% |
| BLCK | Corgi Crypto Infrastructure ETF | 28.4% | -24 bp | -5.0% |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 28.0% | -20 bp | -5.0% |
| BLOK | Amplify Transformational Data Sharing ETF | 22.4% | +11 bp | -2.9% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 18.0% | +26 bp | -4.1% |
| SATO | Invesco Alerian Galaxy Crypto Economy ETF | 16.1% | +7 bp | -6.3% |
Risk and Returns: GCPU vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.5%
ALTAR SCORE™
20nd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 746 funds in the Global Equity category with an average
ALTAR Score™ of 4.8% and a standard deviation
of 2.6%. GCPU's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places GCPU in the 20nd percentile
among funds in the category.
Sell-Side Consensus
$38.94
PRICE TARGET
+102.5%
UPSIDE