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CoinShares Bitcoin ETP

A regulated physical Bitcoin ETP delivering simple, transparent and cost-efficient access to the world’s leading crypto asset — securely traded on regulated exchanges and available through your broker.

Factsheetdownload factsheet
Asset under Management (US$)
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1,628,676,850
YTD Performance
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-7.26%
Fees p.a.
0.15%
Asset under Management (US$)
Info circle icon
1,628,676,850
YTD Performance
Info circle icon
-7.26%
Fees p.a.
0.15%
    Factsheetdownload icon
    01Product

    Key features
    of our Bitcoin ETP

    Easily tradable

    With CoinShares Bitcoin ETP, access bitcoin exposure right through your favourite investment platform. Keep all your investments in one place.

    Explore where to buy

    100% physically-backed

    CoinShares Bitcoin ETP is 100% physically backed by bitcoin. Every unit is secured with real bitcoin, safely held with an institutional-grade custodian.

    Learn more about Physical ETP

    Fully transparent

    All CoinShares ETPs' reserves are publicly available and independently verified by The Network Firm. Investors can track in real-time that each product is backed by the correct amount of the underlying digital asset(s).

    Check CoinShares ETPs holdings in real-time

    Product ID

    • Product name
    • Ticker
    • ISIN

    Key Information

    Data as of 06/05/2026
    • Inception date19/01/2021
    • Fees p.a.0.15%
    • AuMUSD 1,628,676,850
    • Coin Entitlement0.00096274
      Info circle black icon
    • Price per securityUSD 78.54

    Documents Available

    CoinShares Bitcoin ETP Performance

    02 Performance
    YTD-7.26%
    1m19.93%
    3M19.30%
    1Y-16.30%
    Since Inception108.67%
    Jul '21Feb '22Aug '22Feb '23Sept '23Mar '24Sept '24Apr '25Oct '250 %50 %100 %150 %200 %250 %300 %350 %0 %50 %100 %150 %200 %250 %300 %350 %

    Key risks

    Investor's capital is at risk and investors may lose part or all of their investment. Crypto ETPs are complex products that can be difficult to understand. These figures refer to the past and past performance is not a reliable indicator of future returns.

    Trading Information

    03Trading
    Country
    Exchange
    Trading Currency
    Bloomberg Code
    Isin
    WKN
    Listing Date
    • Germany
      Xetra
      EUR
      BITC GY Equity
      GB00BLD4ZL17
      A3GPMN
      2021-06-07
    • Netherlands
      EN Amsterdam
      EUR
      BITC NA Equity
      GB00BLD4ZL17
      A3GPMN
      2021-09-07
    • France
      EN Paris
      EUR
      BITC FP Equity
      GB00BLD4ZL17
      A3GPMN
      2021-09-07
    • Switzerland
      SIX Swiss Ex
      USD
      BITC SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SIX Swiss Ex
      CHF
      BITCCHF SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SIX Swiss Ex
      EUR
      BITCEUR SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SIX Swiss Ex
      GBP
      BITCGBP SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • United Kingdom
      LSE
      USD
      BITC LN Equity
      GB00BLD4ZL17
      A3GPMN
      2025-01-14
    • United Kingdom
      LSE
      GBP
      BITP LN Equity
      GB00BLD4ZL17
      A3GPMN
      2025-01-14
    • Italy
      Borsa Italiana
      EUR
      BITC IM Equity
      GB00BLD4ZL17
      A3GPMN
      2026-02-09
    04Details

    Structure

    Key Service Providers

    Legal & Tax

    DomicileJersey
    Legal StructureDebt Security (ETP)
    Replication MethodPhysical

    Understanding
Bitcoin and ETPs

    Basics

    How to buy our Bitcoin ETP through your broker

    01 — Copy product ID

    Copy the ISIN or Ticker of CoinShares Bitcoin ETP. This information is essential to identify the correct product.

    02 — Open your broker account

    03 — Search for the product

    On your broker account, search for the product by pasting its ISIN or Ticker and select it.

    04 — Place your order

    Set the number of ETP shares you wish to buy, review your order and confirm the trade.

    People Also Ask

    FAQ

    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.

    Why diversify with crypto

    What is a Physical Bitcoin ETP?

    A physical Bitcoin ETP is an exchange-listed security backed by on-chain Bitcoin held in cold storage. Each unit represents a defined claim on coins stored by a professional custodian. You can see how much crypto is backing your shares by checking the daily Coin Entitlement figure.

    Read more

    What is physical bitcoin?

    CoinShares 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 more

    How do I redeem a physical bitcoin?

    CoinShares 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

    Welcome to CoinShares

    Personal Data

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    Last update: May 07, 15:30 UTC
    Source: Coinshares TBA
    Last update: May 07, 15:30 UTC
    Source: Coinshares TBA
    Last update: May 07, 15:30 UTC
    Source: Coinshares TBA
    Last update: May 07, 15:30 UTC
    Source: Coinshares TBA
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    The coin entitlement reflects the amount of the underlying asset supporting each ETP unit. You can download the full historical coin entitlement data .