DUPLICATE — Bitwise Core Bitcoin ETP (BTC1)

Funds & ETFs

The Bitwise Core Bitcoin ETP (ticker BTC1, ISIN DE000A4AER62) was listed on the London Stock Exchange in April 2025 for institutional investors and admitted to the LSE's retail segment in October 2025 after the FCA lifted its crypto ETP retail ban. Domiciled in Germany, the product uses a Triple-Daily NAV methodology integrating liquidity from Asia, Europe, and the US. Its TER was cut to 0.05% in October 2025, making it one of the lowest-cost Bitcoin ETPs in Europe. [DUPLICATE: See slug btc1-bitwise for canonical entry]

Details

Aum: ~€81M
Type: Bitcoin ETP (physically-backed)
Issuer: Bitwise Asset Management
Status: DUPLICATE
Ticker: BTC1
Country: Germany
Manager: Bitwise Investments
Aum Date: March 2026
Custodian: Coinbase Custody
Fund Type: ETP
Structure: Physically-backed Bitcoin ETP (Xetra)
Launch Date: 2025-04-16
Expense Ratio: 0.0005
Bitcoin Direct: Yes
Canonical Slug: btc1-bitwise
Exchange Listed: London Stock Exchange

Links

twitter

More Funds & ETFs

iShares Bitcoin Trust (IBIT)

iShares Bitcoin Trust (IBIT) is BlackRock's spot Bitcoin ETF, launched on January 11, 2024, on Nasdaq. IBIT became the fastest ETF in history to reach $10 billion in AUM, achieving it in under two months. As the world's largest asset manager, BlackRock's entry validated institutional demand for Bitcoin exposure. IBIT uses Coinbase Custody as its custodian and charges a 0.25% annual sponsor fee (discounted to 0.12% for the first year on initial assets). It is now the largest spot Bitcoin ETF globally.

MicroStrategy (MSTR)

Strategy (formerly MicroStrategy, NASDAQ: MSTR) is a business intelligence software company that transformed into the world's largest corporate Bitcoin holder under CEO Michael Saylor. Beginning in August 2020, Strategy began converting its treasury reserves to Bitcoin and has continued relentless accumulation, funding purchases through equity and convertible debt offerings. As of early 2026, Strategy holds over 500,000 BTC, making it by far the single largest non-government Bitcoin holder. MSTR stock trades at a significant premium to its Bitcoin NAV.

21Shares Bitcoin ETP Dubai (ABTC)

21Shares Bitcoin ETP (ABTC) is the Middle East's first physically-backed Bitcoin ETP, cross-listed on Nasdaq Dubai in October 2022. It provides direct exposure to Bitcoin through physical holdings with the same product infrastructure as 21Shares' European ETPs. The listing made Bitcoin investment accessible through a regulated Middle Eastern exchange for the first time, supporting the UAE's ambition to become a global crypto hub.