The best Bitcoin ETFs/ETNs
How to invest in Bitcoin using ETFs/ETNs
How do I invest in Bitcoin?
Bitcoin is a cryptocurrency. The currency is independent of conventional, governmental currency systems such as the Dollar or the Euro and regulates the right of ownership through the possession of computer-generated keys. Payments are cryptographically legitimised and processed via a network of computers with equal rights - without the need for a bank. A decentralised, synchronised accounting system, the so-called blockchain, is used for administration. The exchange rate of a bitcoin to conventional currencies follows the principle of pricing on a stock exchange.Bitcoin is the oldest cryptocurrency and has been used since 2009. New bitcoin units are created by solving cryptographic challenges, known as mining, and require large amounts of energy and computing capacity. The capacity of bitcoins is considered limited by the algorithm used in bitcoin.
Investors can use Bitcoin-ETNs to participate in the returns of physical Bitcoin holdings. The diversification principles of the regulatory investment fund framework (UCITS) do not allow to launch a UCITS fund with only one constituent. Due to this fact, bitcoin is mainly available as an exchange-traded note (ETN) in European countries.
Blockchain ETFs provide an opportunity to invest in the fast-growing crypto market via ETFs, though. The indices tracked by such ETFs are composed of companies that deal with infrastructure, processes and technologies related to the blockchain technology.
In this investment guide you will find all physically backed ETNs that allow you to invest in bitcoin. For an overview of all currently available crypto ETNs, see our investment guide on cryptocurrencies.
Bitcoin performance
Bitcoin ETFs/ETNs in comparison
When choosing a Bitcoin ETF or ETN one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all Bitcoin ETFs/ETNs with details on size, cost, age, income, domicile and replication method ranked by fund size.
Compare all Bitcoin ETFs/ETNs in detail
Compare all Bitcoin ETFs/ETNs in a chart
Provider ISIN |
Fund size in m EUR |
TER in % |
Use of profits | Fund domicile | Replication method | |
---|---|---|---|---|---|---|
BTCetc - ETC Group Physical BitcoinDE000A27Z304 | 444 | 2.00% p.a. | Accumulating | Germany | Physically backed | |
CoinShares Physical BitcoinGB00BLD4ZL17 | 262 | 0.98% p.a. | Accumulating | Jersey | Physically backed | |
21Shares Bitcoin ETPCH0454664001 | 218 | 1.49% p.a. | Accumulating | Switzerland | Physically backed | |
WisdomTree BitcoinGB00BJYDH287 | 203 | 0.95% p.a. | Accumulating | Jersey | Physically backed | |
VanEck Bitcoin ETNDE000A28M8D0 | 147 | 1.00% p.a. | Accumulating | Liechtenstein | Physically backed | |
SEBA Bitcoin ETPCH0558875933 | 70 | 0.75% p.a. | Accumulating | Switzerland | Physically backed | |
Iconic Funds Physical Bitcoin ETPDE000A3GK2N1 | 7 | 0.95% p.a. | Accumulating | Germany | Physically backed | |
Bitpanda Bitcoin ETCDE000A3GVJ41 | 1 | 0.99% p.a. | Accumulating | Germany | Physically backed | |
Global X Bitcoin ETPGB00BLBDZV05 | 1 | 0.65% p.a. | Accumulating | Jersey | Physically backed |
Source: justETF.com; As of 22.05.22
Return comparison of all Bitcoin ETFs/ETNs
The table shows the returns of all Bitcoin ETFs/ETNs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.
ETF | 1 month in % |
3 months in % |
6 months in % |
1 year in % |
3 years in % |
|
---|---|---|---|---|---|---|
VanEck Bitcoin ETN | -12.46% | 11.18% | -31.73% | -19.67% | - | |
SEBA Bitcoin ETP | -12.29% | 12.35% | -29.87% | -20.18% | - | |
WisdomTree Bitcoin | -12.66% | 10.92% | -31.88% | -21.12% | - | |
CoinShares Physical Bitcoin | -12.68% | 10.88% | -31.12% | -21.88% | - | |
21Shares Bitcoin ETP | -12.82% | 10.65% | -32.10% | -22.91% | - | |
BTCetc - ETC Group Physical Bitcoin | -14.09% | 8.95% | -33.31% | -24.36% | - | |
Bitpanda Bitcoin ETC | -13.20% | 9.33% | - | - | - | |
Global X Bitcoin ETP | -12.89% | - | - | - | - | |
Iconic Funds Physical Bitcoin ETP | -13.30% | 10.61% | -32.16% | - | - |
ETF | 2022 in % |
2021 in % |
2020 in % |
2019 in % |
2018 in % |
|
---|---|---|---|---|---|---|
VanEck Bitcoin ETN | -11.85% | 81.62% | - | - | - | |
WisdomTree Bitcoin | -12.06% | 77.85% | 263.52% | - | - | |
21Shares Bitcoin ETP | -12.29% | 80.17% | 249.79% | - | - | |
Iconic Funds Physical Bitcoin ETP | -12.47% | - | - | - | - | |
SEBA Bitcoin ETP | -12.92% | 80.95% | - | - | - | |
CoinShares Physical Bitcoin | -13.10% | - | - | - | - | |
BTCetc - ETC Group Physical Bitcoin | -13.65% | 80.77% | - | - | - | |
Bitpanda Bitcoin ETC | -14.26% | - | - | - | - | |
Global X Bitcoin ETP | - | - | - | - | - |
Source: justETF.com; As of 30.04.22; Calculations in EUR including dividends