ETC Group Core Bitcoin ETP

ISIN DE000A4AER62

 | 

Ticker BTC1

TER
0.30% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
11 m
  • This product does only have marketing distribution rights for Austria, Switzerland, Germany, Denmark, Spain, France, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden.
 

Overview

Description

The product tracks the value of the cryptocurrency Bitcoin.
 
The ETN's TER (total expense ratio) amounts to 0.30% p.a.. The ETN replicates the performance of the underlying index with a collateralised debt obligation which is backed by physical holdings of the cryptocurrency.
 
The ETC Group Core Bitcoin ETP is a very small ETN with 11m GBP assets under management. The ETN was launched on 5 April 2024 and is domiciled in Germany.
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Chart

Basics

Data

Index
Bitcoin
Investment focus
Cryptocurrencies
Fund size
GBP 11 m
Total expense ratio
0.30% p.a.
Replication Physical (Physically backed)
Legal structure ETN
Strategy risk Long-only
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
-
Inception/ Listing Date 5 April 2024
Distribution policy Accumulating
Distribution frequency -
Fund domicile Germany
Fund Provider ETC Group
Germany No tax rebate
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETNs

This section provides you with information on other ETNs with a similar investment focus to the ETC Group Core Bitcoin ETP.
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD -
1 month +40.96%
3 months +72.07%
6 months +43.61%
1 year -
3 years -
5 years -
Since inception (MAX) +47.49%
2023 -
2022 -
2021 -
2020 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year -
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -25.27%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
XETRA USD BTC2 -
-
-
-
-
XETRA EUR BTC1 -
-
-
-
-

Frequently asked questions

What is the name of BTC1?

The name of BTC1 is ETC Group Core Bitcoin ETP.

What is the ticker of ETC Group Core Bitcoin ETP?

The primary ticker of ETC Group Core Bitcoin ETP is BTC1.

What is the ISIN of ETC Group Core Bitcoin ETP?

The ISIN of ETC Group Core Bitcoin ETP is DE000A4AER62.

What are the costs of ETC Group Core Bitcoin ETP?

The total expense ratio (TER) of ETC Group Core Bitcoin ETP amounts to 0.30% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of ETC Group Core Bitcoin ETP?

The fund size of ETC Group Core Bitcoin ETP is 11m GBP. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.