PortfolioMetrics

BITC

- CoinShares Physical Bitcoin

Key Information

Earliest date2023-03-21
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderCoinShares
IndexBitcoin
Expense Ratio0.35%
Inception Date2021-01-19
Asset ClassCryptocurrency
Other SymbolsBITC
CurrencyUSD
Distribution PolicyAccumulating
ListingEU-listed
Non-leveragedNon-leveraged

About BITC

The CoinShares Physical Bitcoin is an exchange-traded note (ETN) that tracks the value of Bitcoin, providing investors with exposure to the cryptocurrency market. With a total expense ratio of 0.35% p.a., the ETN replicates the performance of the underlying index through a collateralized debt obligation backed by physical holdings of Bitcoin.