DE IT

BTCE

BTCetc – ETC Group Physical Bitcoin
100 % physically backed, this ETC gives you seamless and pure exposure to the performance of Bitcoin while trading on Europe’s largest stock exchanges.

Advantages of trading BTCE

Simple trading illustration

Simple trading, with no digital wallet required

Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.
Institutional-grade asset custody illustration

Institutional-grade asset custody

The Bitcoin is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.
100 % backed illustration

100 % backed & physical redemption

You are legally entitled to the underlying bitcoin, and you can redeem the ETC for the сryptocurrency, alternatively to selling on exchange.
Regulated and listed illustration

Regulated and listed on major exchanges

Issued in Germany under German regulatory oversight, the ETC’s primary listing is on XETRA, the largest ETF exchange in Europe.
Carbon neutral illustration

Carbon neutral pure Bitcoin exposure

A viable option for investors with an ESG mandate. We are offsetting the carbon footprint of the ETC´s entire Bitcoin holdings. Learn more

Product

Performance

3M: -29.69%
1Y: 282.78%
AUM: $684,379,696.14
Total Holdings (AUM in Bitcoin) 17148.174
Shares outstanding 17,490,733
Cryptocurrency Entitlement (Bitcoin per unit of BTCE)** 0.0009794
Bitcoin Price (USD) * $34,457.74
Price per BTCE (NAV; USD) * $39.13
* Important Note: Values might be outdated the moment you are viewing this website. For accurate pricing information on Bitcoin or price of the securities please refer to other official sources.

How we make our Bitcoin ETC carbon neutral

An environmentally-friendly way to invest in Bitcoin

While we are paying the entire cost of the carbon offset ourselves, we are giving investors with an ESG (Environmental Social and Governance) mandate a viable option to invest in Bitcoin.

Why we chose to go carbon neutral with this ETC

Our industry needs to rapidly decarbonise. Our long-term aim is to help drive our industry towards zero carbon emissions in order to meet the goals set out in the Paris Climate accord.

Customer-centric innovation first

Our mission is to deliver products with integrity that are aligned with our values and beliefs around the importance of sustainability within the asset management industry.
Carbon initiative illustration

Learn more about the initiative on our dedicated website

Learn

Key Risks

  1. Investors' capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETC securities are structured as debt securities, not as equity.
  4. ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.

Trading information

Tight spreads and ample liquidity on exchange

ETC Group is proud that BTCetc is offered on some of the largest stock exchanges in Europe and was the world’s first centrally-cleared crypto ETP. World-class liquidity providers ensure that there is good market depth, tight spreads and ample liquidity available so that investors can enter and exit their position in BTCetc with minimal cost and market impact.

Listings

Exchange Ticker BBG RIC SEDOL ISIN Valoren WKN CCY Listing Date
Deutsche Börse XETRA BTCE GR BTCE.DE BMWSLR9 DE000A27Z304 - A27Z30 EUR 18.06.20
SIX Swiss Exchange BTCEUSD SW BTCEUSD.S BLB3S55 DE000A27Z304 55503260 - USD 13.01.21
SIX Swiss Exchange BTCECHF SW BTCECHF.S BLB3S77 DE000A27Z304 55503260 - CHF 13.01.21
SIX Swiss Exchange BTCEGBP SW BTCEGBP.S BLB3S66 DE000A27Z304 55503260 - GBP 13.01.21
Wiener Börse BTCE AV DE000A27Z304=VI BN4RH62 AT DE000A27Z304 - A27Z30 EUR 18.08.21
Euronext Paris BTCE FP BTCE.PA BN0ZB02 DE000A27Z304 - - EUR 01.06.21
Euronext Amsterdam BTCE NA BTCE.AS BN0ZB13 DE000A27Z304 - - USD 01.06.21
Aquis Exchange Amsterdam BTCED QE - BMWSLR9 DE000A27Z305 - - EUR 07.06.21
Aquis Exchange UK BTCED QX - BMWSLR9 DE000A27Z306 - - USD 07.06.21
Aquis Exchange UK BTCEGZ QX - BLB3S66 DE000A27Z307 - - GBP 07.06.21
Aquis Exchange UK BTCECZ QX - BLB3S77 DE000A27Z308 - - EUR 07.06.21

Registered for sale

gbUntited Kingdom
itItalia
deDeutschland
ieIreland
noNorge
nlNederland
fiSuomi
luLuxembourg
atÖsterreich
dkDanmark
seSverige
chSchweiz
esEspaña
mtMalta
cyΚύπρος
eeEesti
hrHrvatska
grΕλλάδα
czČeská Republika
frFrance
plPolska
ptPortugal
skSlovensko
siSlovenija

Liquidity

Market Makers / Authorised Participants (APs)
XTX Markets SAS
Flow Traders B.V.
Jane Street Financial Limited
DRW Europe B.V.
Goldenberg Hehmeyer LLP

At all times 100 % backed by bitcoin because BTCetc cannot be created without the collateral being held in safe-custody.

APs provide liquidity in BTCetc on exchange where most investors will buy and sell BTCetc. Investors don’t need to worry about safely storing their investment in bitcoin via BTCetc as the units are securely held with their broker – just like stocks.

BTCetc can be sold anytime on exchange or redeemed for bitcoin or cash* via an AP or directly with the Issuer. Only APs the Issuer has appointed are allowed to subscribe to BTCetc with the Issuer, and only for bitcoin. This mechanism ensures that the provenance of all bitcoin has been verified.

For additional investor protection, the bitcoin in the custody account is pledged as security to the investors, and a reputable independent trustee enforces this pledge.

*Certain terms and conditions apply

Performance

Custody

ETC Group has partnered with the leading provider of digital asset custody

BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.

Regulated & Certified

Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.

Cold Wallets

All ETC assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

Multi-Signature Security

Digital asset are stored using a multi-signature technology and can only be accessed when sharded keys held by separate entities are unities. This creates additional layers of security to protect investor funds.

Insured

BitGo's $100 million custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as the loss of keys.
Find out more about insurance here.

Product Details

Ticker BTCE
ISIN DE000A27Z304
WKN A27Z30
SEDOL BMWSLR9
Valoren 55503260
TER 2.00%
Trading Currency EUR, USD, GBP, CHF
Asset Class Cryptocurrency
Underlying Exposure Bitcoin
Physical Settlement Yes (Both Creation & Redemption)
Leverage 1:1 (No leverage)
Minimum Investment 1 Unit
Expiry Date Open Ended
Entry Exit Fees* None
Replication Method Physically Allocated Bitcoin
* Your broker will charge commissions to trade the ETC like shares.
Domicile Germany
Primary Listing XETRA
Issue Date 05/06/2020
Inception Date 08/06/2020
Legal Form Debt Security
Product Structure ETC
UCITS Compliant No
UCITS Eligible Please Contact Us
ISA Eligible Yes
SIPP Eligible Yes
Issuer ETC Issuance GmbH
Custodian BitGo Trust Company
Security Trustee Apex Corporate Trustees (UK) Limited
Administrator Apex Corporate & Advisory Services Ltd
Registrar Clearstream Banking AG

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The value of your investment may go down as well as up and past performance is no indication of future performance. Your capital is at risk.
The products displayed on this website are not available for subscription or purchase by retail investors in your selected jurisdiction. Please contact your broker or financial adviser for further information.

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