BITC 📈 CoinShares Physical - Overview

CoinShares Physical Bitcoin (BTC) EUR, listed on XETRA under the ticker BITC, is a digital asset exchange-traded fund (ETF) that provides investors with exposure to the performance of Bitcoin. The fund is domiciled in Jersey, a well-established financial hub, and has the International Securities Identification Number (ISIN) GB00BLD4ZL17. As an ETF, it offers a tradable and liquid way to invest in Bitcoin, allowing investors to buy and sell units of the fund on a regulated exchange. This structure is particularly appealing to institutional investors and those seeking a more traditional investment vehicle for accessing the digital asset market.

By categorizing itself under Digital Assets, CoinShares Physical Bitcoin (BTC) EUR falls into a unique ETF category that focuses on tracking the value of digital currencies, in this case, Bitcoin. This category is distinct from traditional ETFs that track stocks, bonds, or commodities, reflecting the growing interest and recognition of digital assets as an investable asset class. The fund's listing on XETRA, a major European exchange, enhances its accessibility to a broad range of investors, including retail and institutional, across Europe and beyond.

The CoinShares Physical Bitcoin (BTC) EUR is designed to track the price of Bitcoin, providing investors with a return that closely corresponds to the performance of the underlying asset. By holding physical Bitcoin, the fund aims to minimize tracking errors, ensuring that investors' returns are as close as possible to the actual performance of Bitcoin. This physical backing is a key feature, as it allows the fund to maintain its value in line with the market price of Bitcoin, making it an attractive option for those looking to gain exposure to the cryptocurrency without directly holding it.