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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.
Key Information
Name | 21Shares Bitcoin Core ETP |
Inception Date | Jun 28, 2022 |
Issuer | 21Shares AG |
AUM | $6,770,285 |
Securities Outstanding | 1080000 |
NAV | $6.27 |
Fee | 0.21% |
Lending Eligible | Yes |
Ticker Symbols
Ticker | CBTC |
Valor | 119906767 |
ISIN | CH1199067674 |
Reuters | CBTC.S |
WKN | A3GZ2Z |
iNAV | DE000SL0FM78 |
Bloomberg | CBTC.SW |
Compare CBTC to:
Cumulative%
As of Sep 27, 2023Trading Information
Underlying Assets
Jane Street
GHCO