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As of Feb 03, 2023
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CBTC

21Shares Bitcoin Core ETP

As of Feb 03, 2023
Net Asset Value:
$5.66
Assets Under Management:
$2,604,563
YTD Return:
+41.57%
1D Change:
+2.69%
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Overview

Description

The 21Shares Bitcoin Core ETP seeks to provide investment exposure to Bitcoin. The ETP can participate in collateralized lending allowing CBTC to be one of the most competitively priced Bitcoin ETPs on the market. The lending agreements with borrowers are executed through institutional grade lending partners. Loans are overcollateralized and monitored daily to protect the interest of shareholders.

Eligible collateral for this product are USD/USDC and Bitcoin.

Objective

The 21Shares Bitcoin Core ETP seeks to track the investment results of Bitcoin.

Benefits

Simple

Gain access to an innovative crypto asset class without signing up for a new account. Investors can buy CBTC through their existing bank or brokerage.

Growth

Bitcoin is one of the best performing assets of the past decade and currently is the largest crypto asset by market capitalization. As the original crypto asset, it has launched what we view as the next big evolution in financial technology.

Safety

Institutional grade security and custody solution using a variety of safety measures including cold-storage, multiple private keys, whitelisting and audit trails.

Details

Key Information

Name21Shares Bitcoin Core ETP
Inception DateJun 28, 2022
Issuer21Shares AG
AUM$2,604,563
Securities Outstanding460000
NAV$5.66
Fee0.21%
LendingYes

Ticker Symbols

Ticker
CBTC
Valor
119906767
ISIN
CH1199067674
Reuters
CBTC.S
WKN
A3GZ2Z
iNAV
DE000SL0FM78
Bloomberg
CBTC.SW
Performance
1M
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.

Compare CBTC to:

Cumulative%

As of Feb 03, 2023
NAV
1 Month
+40.18%
3 Months
+13.62%
YTD
+41.57%
Since Inception
+17.29%
Trading

Trading Information

Deutsche Boerse Xetra
Local Ticker
21BC GY
Currency
EUR
SIX Swiss Exchange

Underlying Assets

Bitcoin
Weighting
100.00%
Quantity Per ETP
0.00023983 ($5.66)
Reference Price
$23608.44
Service Providers
Flow Traders
Custody
Bank Frick
Market Maker
Flow Traders
Collateral Agent
The Law Debenture Trust Corporation PLC
Jane Street

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