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BTC1 ETP · Bitwise Core Bitcoin ETP

The BTC1 Exchange Traded Product (ETP) is provided by Bitwise. It is built to track an index: CME CF Bitcoin Reference Rate Index. The BTC1 ETP provides physical exposure, so by buying it you actually own parts of all the underlying holdings. The dividend policy is capitalization.
Real-time data unavailable for BTC1
LIVE
CLOSED
This fund is part ofDigital Infrastructure & Connectivity1M perf.+1.71%
Last price
N/A
1M perf.
+5.91%
1M flows
+€13M
AuM
€76M
E/R
0.05%
Rating
Not rated
ESG Consensus®
esg grade icon
BTC1
N/A

Performance & flows

Segment for quartile rank
December 11, 2025 → March 11, 2026
0-30-25-20-15-10-50510%JANFEBMAR
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BTC1
$6.99
-22.02%
Digital Infrastructure & Connectivity
-19.34%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+5.91%
icon
-22.02%
icon
-13.42%
icon
N/AN/A
+6.27%
-20.19%
-20.19%
icon
Flows

Key fund info

Segment for quartile rank
Main characteristics
Issuer
ISIN
DE000A4AER62
AuM
€76M
icon
E/R
0.05%
icon
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
3/11/2026
$6.99
1D NAV change
-1.45%
Dividend policy
No income
Replication method
Direct (Physical)
Replication model
Physically backed
No. of holdings
N/A
Inception date
4/25/2024
Jurisdiction
Germany
Distribution
Italy
Slovenia
Slovakia
Switzerland
Sweden
Legal structure
Debt instrument
Base currency
USD
Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Bitwise Core Bitcoin ETP (primary ticker: BTC1) is a physically backed exchange-traded product designed to provide investors with a secure and cost-effective instrument to gain exposure to Bitcoin. BTC1 is issued in Germany and tracks the CME CF Bitcoin Reference Rate benchmark. The ETP offers easy access, high tradability, transparency, and institutional-grade custody within a robust, fully backed ETP structure.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
-22.02%
icon
-13.42%
icon
N/A
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
1
2
3
4
5
6
7
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Exposure

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Sustainability

Integrates ESG criteria
No
SDG
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Replication

Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
CME CF Bitcoin Reference Rate Index - USD
Index ticker
BRR Index
Index dividend policy
PI
Replication method
Replication model
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Issuer

Bitwise
Bitwise ID Card
Number of funds
35
Total AuM
€5.61B
Expense ratio range
0.05% - 2%
Average expense ratio
0.9789%

Bitwise is one of the world’s leading crypto specialist asset managers. In Europe, for the past four years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s largest and most liquid bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index. This family of crypto ETPs is domiciled in Germany and approved by BaFin. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature.

Via Offical website

Frequently asked questions about BTC1

What does Bitwise Core Bitcoin ETP, BTC1, invest in?

BTC1 is a Passive ETF. This ETP provides exposure to Bitcoin.

Which benchmark or index does BTC1 replicate?

BTC1 tracks the CME CF Bitcoin Reference Rate Index - USD, through a replication method.

What is the Total Expense ratio (TER) of BTC1?

BTC1 carries a total expense ratio (TER) of 0.05%, indicating the annual cost for holding the fund.

When was BTC1 launched?

BTC1 was introduced to the market on April 25, 2024. It trades on Italy, among other exchanges

Who is the ETF issuer of BTC1?

Bitwise Core Bitcoin ETP, BTC1, is provided by Bitwise. Learn more about Bitwise here.

What is the current assets under management (AUM) of BTC1?

BTC1 oversees €76M in assets as of March 11, 2026.

How has BTC1 performed lately?

Based on data from March 11, 2026, BTC1 returned 5.91% over the past month, -22.02% over the last three months and -20.19% year-to-date.

What are the latest inflows or outflows for BTC1?

As of March 11, 2026, BTC1 recorded net flows of +€13M over the last month and +€20M year-to-date.

What is the base currency of BTC1?

The base currency of BTC1 is USD.

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