CoinShares Physical Bitcoin (BITC ETN) It is an exchange-traded physical backed product (ETP) that provides secure and transparent exposure to the world’s first and largest public blockchain.
CoinShares ETP . Physical Structure
CoinShares Physical Bitcoin (BITC) is an exchange-traded product (ETP). BITC Securities derives its value from bitcoin, which is securely held by Komainu – a regulated institution for institutional quality digital assets.
Description of CoinShares Physical Bitcoin
CoinShares The actual investor in Bitcoin i Bitcoin.
With a total cost ratio of 0.98% per annum, ETN replicates the underlying benchmark score with a debt security with a security backed by actual Bitcoin holdings. CoinShares Physical Bitcoin has 246 million pounds in assets under management. This ETN is 1 year older and based in Jersey.
| the origin | Bitcoin |
| base currency | American dollar |
| management cost | 0.98% |
| Bloomberg Code | BITC SW |
| stock lending | number |
| Beam | GB00BLD4ZL17 |
| Crane | Unavailable |
| currency maturity (CE) | 0.001 BTC at launch |
| Price per security | Coin Maturity (CE) x Bitcoin Price |
Trading BITC ETN
CoinShares Physical Bitcoin (BITC ETN) It is a cryptocurrency traded on the European Stock Exchange. This ETN is traded on many different exchanges, such as Deutsche Boerse Xetra and Euronext Paris. For this reason, different acronyms appear on the same ETF.
This means that the shares on this certificate can be traded through most Swedish banks and online brokers, for example DejeroAnd the nordnet And the Move.
menus
| exchange | Currency | short name |
| Euronext Paris | euro | BITC |
| XETRA | euro | BITC |
| SIX Swiss Exchange | American dollar | BITC |
| SIX Swiss Exchange | GBP | BITC |
| Euronext Amsterdam | euro | BITC |
| SIX Swiss Exchange | euro | BITC |
| SIX Swiss Exchange | Swiss Franc | BITC |
