CoinShares Physical Bitcoin (CBTC)

Funds & ETFs

CoinShares Physical Bitcoin (CBTC) is a European exchange-traded product providing direct, physically-backed spot Bitcoin exposure listed on multiple European exchanges including SIX Swiss Exchange, Euronext Amsterdam, and Deutsche Börse XETRA. The ETP holds Bitcoin directly in cold storage with Komainu as custodian and offers one of the lowest expense ratios among European Bitcoin ETPs. CoinShares is one of Europe's oldest and largest digital asset investment firms, founded in 2014.

Details

Aum: ~€1.17B (~£1.69B)
Fee: 0.25%
Type: Physical Bitcoin ETP
Issuer: CoinShares
Region: Europe
Ticker: CBTC
Country: Europe
Manager: CoinShares
Aum Date: March 2026
Exchange: SIX, Euronext, XETRA
Custodian: Komainu
Fund Type: etp
Expense Ratio: 0.35%
Inception Date: 2021-01-11
Management Fee: 1.50%
Exchange Listed: SIX, Euronext, XETRA
Bitcoin Holdings: 18172
Physically Backed: Yes

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