Best-in-class
Bitcoin ETP
As convenient as it gets
With CoinShares Physical Bitcoin ETP, access bitcoin exposure right through your favourite investment platform. Keep all your investments in one place.
Explore where to buy
100% physical
CoinShares Bitcoin ETP is 100% physically backed by bitcoin. For each investment in bitcoin, the very same amount is bought in bitcoin and stored with an institutional-grade custodian, Komainu.
Learn more about Physical ETPFully transparent
CoinShares Physical ETPs' reserves, verified by The Network Firm, are publicly available. Using the LedgerLens tool, investors can ensure products are always backed by the appropriate amount of underlying digital asset(s).
Check CoinShares ETPs holdings in real-timeProduct ID
- Product name
- Ticker
- ISIN
Key Information
Documents Available
- Factsheet
- KID
- Prospectus
- Final terms
- Financials
CoinShares Physical Bitcoin ETP Performance
Trading Information
- GermanyXetraEURBITC GY EquityGB00BLD4ZL17A3GPMN2021-06-07
- NetherlandsNAEURBITC NA EquityGB00BLD4ZL17A3GPMN2021-09-07
- FranceFPEURBITC FP EquityGB00BLD4ZL17A3GPMN2021-09-07
- SwitzerlandSEUSDBITC SE EquityGB00BLD4ZL17A3GPMN2021-01-19
- SwitzerlandSECHFBITCCHF SE EquityGB00BLD4ZL17A3GPMN2021-01-19
- SwitzerlandSEEURBITCEUR SE EquityGB00BLD4ZL17A3GPMN2021-01-19
- SwitzerlandSEGBPBITCGBP SE EquityGB00BLD4ZL17A3GPMN2021-01-19
Structure
Key Service Providers
Legal & Tax
| Domicile | Jersey |
| legalStructure | Debt Security (ETP) |
| replicationMethod | Physical |
People Also Ask
FAQHow do Physical Bitcoin ETPs work?
Every share of a CoinShares Physical ETP is ‘physically backed’ by an amount of actual cryptocurrency, which is securely stored with a specialised custodian. You can see how much crypto is backing your shares by checking the daily Coin Entitlement figure (i.e. how much crypto each share of an ETP entitles the holder to).
Read more
Why should I consider exposure to bitcoin?
A small allocation to Bitcoin can significantly impact your portfolio without greatly increasing risk. Research indicates that Bitcoin adds diversification by offering exposure to a market that can decorrelate from traditional assets. In a digital world, Bitcoin's security, decentralisation, predictability, trust minimization, and censorship resistance make it a unique financial asset. However, Bitcoin remains highly volatile and subject to rapid price fluctuations. Investment in one or more of the CoinShares Products may not be suitable for even a relatively experienced and affluent investor. Investments should be made on the basis of the current prospectus and the Key Information Document, which are available along with further legal documentation on this website.
Read moreWhat is physical bitcoin?
CoinShares Physical Bitcoin ETP is a type of financial product that trades just like a stock or exchange-traded fund, and is designed to track the price of Bitcoin, offering a convenient way for investors to gain exposure to the cryptocurrency market. It is ‘physically’ backed by actual bitcoin holdings, ensuring that the investment product has a close correlation with the value of bitcoin.
Learn moreIs there an actual physical bitcoin?
Bitcoin (BTC) is a digital cryptocurrency existing as code on a decentralised blockchain. "Physical Bitcoin" often refers to physically backed Exchange-Traded Products (ETPs), which represent ownership of bitcoin without handling the digital assets. Bitcoin is intangible, and any physical representation usually involves a certificate or token backed by its value, not a physical coin or note.
How do I redeem a physical bitcoin?
CoinShares Physical ETPs have a built-in ‘physical redemption’ mechanism, whereby the registered holder of the ETP can make a redemption application to receive physical crypto in return for their ETP holding. Please refer to the ETP Documents page and choose the ‘Physical Redemption’ section for more information.
Check ETP Documents
- Individual
- Institutional