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SBTC

21Shares Short Bitcoin ETP

As of Apr 12, 2024
Net Asset Value:
$0.28
As of Apr 12, 2024
Net Asset Value:
$0.28
100% physically backed by USDC and cash, a stablecoin pegged to the U.S. dollar, the 21Shares Short Bitcoin ETP (SBTC) tracks the inverse performance of Bitcoin, resulting in -1x returns of Bitcoin. This ETP is part of a suite designed to equip experienced investors with a toolkit for tactical exposures.
Assets Under Management:
$4,620,339
YTD Return:
-43.88%
1D Change:
+0.5%
Contact Sales
Overview

100% physically backed by USDC and cash, a stablecoin pegged to the U.S. dollar, the 21Shares Short Bitcoin ETP (SBTC) tracks the inverse performance of Bitcoin, resulting in -1x returns of Bitcoin. This ETP is part of a suite designed to equip experienced investors with a toolkit for tactical exposures.

Disclaimer

This product is designed to provide a -1x exposure to Bitcoin's performance on a daily basis. Investors who are contemplating such exposure should be mindful of the recommended holding period. For periods of longer than one day, the return of the product is not the same since the total return of the performance is multiplied by a factor of minus one. This is simply because the factor of minus one is reset on a daily basis.

Inverse ETPs are not suitable to all investors. This product is only intended for investors who understand the risks investing in a product with short exposure and intend to invest on a short-term basis.

Benefits

Modulate exposure

For experienced investors looking to capitalize on daily market fluctuations, SBTC provides tactical exposures and an easy way to make portfolio adjustments.

Tactical toolkit

SBTC is part of a product suite offering investors a familiar way to take a tactical position in the crypto market through easy-to-trade investment products.

100% physically backed

SBTC is 100% physically backed by USDC and cash and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.

Carbon Neutral

Since 2018, 21Shares has been fully carbon-neutral. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.

Underlying Assets

As of Apr 12, 2024

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 SBTC to:

Cumulative %

As of Apr 12, 2024
NAV
1 Month
-1.3%
3 Months
-42.97%
YTD
-43.88%
Since Inception
-98.63%
Trading

Trading Information

Boerse Duesseldorf
Local Ticker
2SBT GD
Currency
EUR
Deutsche Boerse Xetra
Boerse Stuttgart
SIX Swiss Exchange
Gettex
Euronext Amsterdam
Euronext Paris
Service Providers
Authorized Particiants
Flow Traders
Jane Street
L&S
GHCO
DRW Holdings
Bluefin Europe LLP
Nyenburgh
Virtu Financial Ireland Limited
Custody
Market Maker
Collateral Agent

How to invest: A step by step guide

Everything you need to know to invest in our products at 21shares.
1
Search for a specific ETP by using its ticker symbol, ISIN or name on the bank/broker platform
2
Select the number of ETP shares you wish to purchase and specify the order type (market order, limit order, stop loss, etc.)
3
Review your order to ensure accuracy and confirm the trade
4
After the ETP order is executed, you can track the investment's performance through your brokerage account

*It is important to note that market orders will execute at current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.

Easy to buy through your bank or brokerage.
Buy 21Shares ETPs with no special set up using the account you already have.