Coinshares Logo

Investor Profile

Investor type

Location

Poland

Angle down icon

Latest articles & news

backgroung-image-1backgroung-image-2

CoinShares Physical Bitcoin ETP

A 100% physically-backed ETP providing secure, transparent and low-cost exposure to the world’s first and largest cryptocurrency, bitcoin.

Factsheetdownload factsheet
  • 01 – Product
  • 02 – Performance
  • 03 – Trading
  • 04 – Details
Factsheetdownload icon
01Product

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 buyBlack arrow icon

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 ETPBlack arrow icon

Fully 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-timeBlack arrow icon

Product ID

  • Product name
  • Ticker
  • ISIN

Key Information

    Documents Available

    • Factsheet
    • KID
    • Prospectus
    • Final terms
    • Financials

    CoinShares Physical Bitcoin ETP Performance

    02 Performance
    YTD
    1m
    3M
    1Y
    Since Inception

    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
      NA
      EUR
      BITC NA Equity
      GB00BLD4ZL17
      A3GPMN
      2021-09-07
    • France
      FP
      EUR
      BITC FP Equity
      GB00BLD4ZL17
      A3GPMN
      2021-09-07
    • Switzerland
      SE
      USD
      BITC SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SE
      CHF
      BITCCHF SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SE
      EUR
      BITCEUR SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    • Switzerland
      SE
      GBP
      BITCGBP SE Equity
      GB00BLD4ZL17
      A3GPMN
      2021-01-19
    04Details

    Structure

    Key Service Providers

    Legal & Tax

    DomicileJersey
    legalStructureDebt Security (ETP)
    replicationMethodPhysical

    Buy CoinShares Physical Bitcoin ETP through your favourite broker

    01 — Copy product ID

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

    02 — Open your broker account

    Add crypto to your portfolio while using your existing account or create a new one.

    03 — Search for the product

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

    04 — Enter order details

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

    People Also Ask

    FAQ

    How 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 morearrow right

    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 morearrow right

    What 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 morearrow right

    Is 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 Documentsarrow right