You can dyanamically attach BTrace to a Java process to inject trace code into it. BTrace client classescollect the trace output via a socket -- these client classes are used by BTrace command line client as well as VisualVM plugin for BTrace. How about attaching a JMX client to collect BTrace's trace data? Yes, it is possible to access a BTrace class's static fields as attributes of a MBean with this RFE.
There are two MBean samples in the BTrace repository. I attached both BTrace samples to a "Java2D demo" process. And then I attached VisualVM to view the Mbean registered by these BTrace samples: