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The Bitwise Core Bitcoin ETP is a physically backed exchange-traded product that aims to provide investors with exposure to Bitcoin (BTC) through trading on regulated markets. The ETP is fully backed by Bitcoin held in cold-storage custody, and its pricing aims to reflect the value of the underlying asset, as determined by the CME CF Bitcoin Reference Rate, after fees and expenses.
Leverage100
Currency hedgingNo
Costs
Ongoing Charge (OCF/TER)0.05%
Management fee0.05%
Indicative spread0.13%
Replication
Replication methodCommodity / Currency Physically Held
Rebalancing frequencyN/A
Number of holdings1
How is collateral used?ETN holds collateral
Securities lending
Is stock lending permitted?No
Is stock currently being lent?No
Maximum that can be lent -
12 month average % on loan -
12 month return from stock lending -
Gross revenue returned -
Counterparties
IssuerBitwise Europe GmbH
Investment Manager -
Trustee -
Custodian -
Value Assessment
Value Assessment review date05 August 2026
Value Assessment next review date31 December 2026
Is Assessment of Value required under COLL?No
Outcome of COLL Assessment of Value -
Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
Other review related to value and or charges -
Further information-
Key facts
Issuer
Bitwise Europe GmbH
Structure
ETF
Number of holdings
1
Size
$111.24m
Launch date
22 April 2024
Launch price
$6.45
UCITS
No
Reporting status
-
Domicile
Germany
ISIN
DE000A4AER62
This product is based overseas.
It is not subject to UK sustainable investment labelling and disclosure requirements.
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Data provided by Broadridge. Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties. Securities lending data correct as at 02 March 2018. Charge data correct as at date not available. Holdings correct as at 30 September 2024. News service is operated by Digital Look Ltd. Republication or redistribution of Digital Look Ltd content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd. Please see Digital Look Ltd Copyright Notice - Sharecast.com for our terms and conditions.