The best Bitcoin ETFs/ETNs

How to invest in Bitcoin using ETFs/ETNs

0.21% p.a. - 2.00% p.a.
annual total expense ratio (TER) of Bitcoin ETFs/ETNs
on Bitcoin, which is tracked by ETFs
on Bitcoin
 
The best indices for Bitcoin ETFs/ETNs

How do I invest in Bitcoin?

Bitcoin is a cryptocurrency. The currency is independent of conventional, governmental currency systems such as the Dollar or the Euro and regulates the right of ownership through the possession of computer-generated keys. Payments are cryptographically legitimised and processed via a network of computers with equal rights - without the need for a bank. A decentralised, synchronised accounting system, the so-called blockchain, is used for administration. The exchange rate of a bitcoin to conventional currencies follows the principle of pricing on a stock exchange.

Bitcoin is the oldest cryptocurrency and has been used since 2009. New bitcoin units are created by solving cryptographic challenges, known as mining, and require large amounts of energy and computing capacity. The capacity of bitcoins is considered limited by the algorithm used in bitcoin.

Investors can use Bitcoin-ETNs to participate in the returns of physical Bitcoin holdings. The diversification principles of the regulatory investment fund framework (UCITS) do not allow to launch a UCITS fund with only one constituent. Due to this fact, bitcoin is mainly available as an exchange-traded note (ETN) in European countries.

Blockchain ETFs provide an opportunity to invest in the fast-growing crypto market via ETFs, though. The indices tracked by such ETFs are composed of companies that deal with infrastructure, processes and technologies related to the blockchain technology.

In this investment guide you will find all physically backed ETNs that allow you to invest in bitcoin. For an overview of all currently available crypto ETNs, see our investment guide on cryptocurrencies.
 

Bitcoin performance

1 month: 3.63%
1 year: -46.31%
3 years: 158.33%
 

Bitcoin ETFs/ETNs in comparison

The most important factors at a glance

When choosing a Bitcoin ETF or ETN one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all Bitcoin ETFs/ETNs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all Bitcoin ETFs/ETNs in detail
Compare all Bitcoin ETFs/ETNs in a chart

Provider
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
BTCetc - ETC Group Physical BitcoinDE000A27Z304 312 2.00% p.a. Accumulating Germany Physically backed
CoinShares Physical BitcoinGB00BLD4ZL17 182 0.98% p.a. Accumulating Jersey Physically backed
21Shares Bitcoin ETPCH0454664001 170 1.49% p.a. Accumulating Switzerland Physically backed
WisdomTree BitcoinGB00BJYDH287 126 0.95% p.a. Accumulating Jersey Physically backed
VanEck Bitcoin ETNDE000A28M8D0 101 1.00% p.a. Accumulating Liechtenstein Physically backed
SEBA Bitcoin ETPCH0558875933 45 0.75% p.a. Accumulating Switzerland Physically backed
Iconic Funds Physical Bitcoin ETPDE000A3GK2N1 4 0.95% p.a. Accumulating Germany Physically backed
Eqonex Bitcoin ETNDE000A3KYMQ2 2 0.89% p.a. Accumulating Luxembourg Physically backed
Bitpanda Bitcoin ETCDE000A3GVJ41 2 0.99% p.a. Accumulating Germany Physically backed
21Shares Bitcoin Core ETPCH1199067674 1 0.21% p.a. Accumulating Switzerland Physically backed
Global X Bitcoin ETPGB00BLBDZV05 1 0.65% p.a. Accumulating Jersey Physically backed

Source: justETF.com; As of 30.09.22

 

Return comparison of all Bitcoin ETFs/ETNs

The table shows the returns of all Bitcoin ETFs/ETNs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
CoinShares Physical Bitcoin -15.28% -32.86% -46.12% -50.86% -
21Shares Bitcoin ETP -15.12% -32.82% -46.09% -50.92% 118.18%
BTCetc - ETC Group Physical Bitcoin -15.21% -32.97% -46.22% -50.93% -
VanEck Bitcoin ETN -15.13% -32.84% -46.06% -50.99% -
Iconic Funds Physical Bitcoin ETP -15.15% -32.88% -46.01% -51.00% -
WisdomTree Bitcoin -15.24% -32.78% -45.98% -51.06% -
SEBA Bitcoin ETP -15.28% -33.10% -44.09% -51.38% -
21Shares Bitcoin Core ETP -14.95% - - - -
Bitpanda Bitcoin ETC -14.96% -32.73% -46.05% - -
Eqonex Bitcoin ETN -15.32% - - - -
Global X Bitcoin ETP -15.19% -32.72% - - -
ETF   2022
in %
2021
in %
2020
in %
2019
in %
2018
in %
WisdomTree Bitcoin -52.92% 77.85% 263.52% - -
VanEck Bitcoin ETN -52.94% 81.62% - - -
21Shares Bitcoin ETP -53.00% 80.17% 249.79% - -
Iconic Funds Physical Bitcoin ETP -53.00% - - - -
BTCetc - ETC Group Physical Bitcoin -53.18% 80.77% - - -
CoinShares Physical Bitcoin -53.54% - - - -
Bitpanda Bitcoin ETC -53.55% - - - -
SEBA Bitcoin ETP -53.59% 80.95% - - -
21Shares Bitcoin Core ETP - - - - -
Eqonex Bitcoin ETN - - - - -
Global X Bitcoin ETP - - - - -

Source: justETF.com; As of 31.08.22; Calculations in EUR including dividends