Bitwise Physical Bitcoin ETP (BTCE)

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Funds & ETFs

Europe's first centrally cleared Bitcoin exchange-traded product, originally launched by ETC Group on XETRA in June 2020 and now operated by Bitwise following their 2023 acquisition. 100% physically backed by Bitcoin held in cold storage. BTCE is one of the most liquid Bitcoin ETPs in Europe with billions in AUM. Available to European and UK retail investors.

Details

Aum: ~$1.5B (as of Q1 2026)
Type: Physical Bitcoin ETP
Issuer: Bitwise (formerly ETC Group)
Region: Europe
Ticker: BTCE
Aum Usd: 850000000
Country: Europe
Custody: BitGo
Manager: Bitwise (formerly ETC Group)
Exchange: XETRA
Custodian: Coinbase Custody
Fund Type: etp
Expense Ratio: 0.49%
Inception Date: 2020-06-18
Management Fee: 0.49%
Exchange Listed: XETRA
Acquisition Year: 2023
Formerly Known As: ETC Group Physical Bitcoin ETP
Physically Backed: Yes

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