# Bitcoin Tracker One (0PTL) **Page:** https://fundology.uk/fund/0ptl · ISIN SE0007126024 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 0PTL (Bitcoin Tracker One, ISIN SE0007126024) closed at SEK 2,996.55 on the London Stock Exchange. Its ongoing charge is 2.50% a year (about £250 on £10,000). Over the five years to 13/11/2026 its total return was +0.8%, or −21.3% after UK CPIH inflation. ## Summary Bitcoin Tracker One is an exchange-traded product from XBT, launched in 2015. It tracks the BTC/USD Exchange Rate - USD - Benchmark Price Return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 2.5% a year — about £250 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. > **Crypto:** Cryptoassets are high-risk and largely unregulated in the UK. Prices can rise and fall very sharply, and you could lose all the money you put in. Latest close: **SEK 2,996.55** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0PTL | | ISIN | SE0007126024 | | Category | Crypto | | Type | ETN / ETP | | Provider | XBT | | Tracks | BTC/USD Exchange Rate - USD - Benchmark Price Return | | Income | Accumulating | | Ongoing charge | 2.50% a year (£250 per £10,000) | | Fund size | £482m | | Launched | 2015 | | Domicile | Sweden | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2019 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -33.90% | -36.24% | income reinvested | | 3 years | +77.25% | +60.14% | income reinvested | | 5 years | +0.83% | -21.29% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Bitcoin Tracker One in pounds (price, with income reinvested in the fund): 2022 −65.3%, 2023 +168.9%, 2024 +140.0%, 2025 −20.7%; 2026 to 13/11/2026 −24.2%. Returns of Bitcoin Tracker One in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −32.7%; to 30/09/2025: +80.7%; to 30/09/2024: +133.6%; to 30/09/2023: +22.1%; to 30/09/2022: −52.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -65.3% | -68.3% | Price | | 2023 | +168.9% | +158.2% | Price | | 2024 | +140.0% | +131.8% | Price | | 2025 | -20.7% | -23.4% | Price | | 2026 to 13/11/2026 | -24.2% | -26.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 54.51% | -45.06% | | 3 years | 49.42% | -54.92% | | 5 years | 54.49% | -74.65% | ## Largest fall Volatility of Bitcoin Tracker One in pounds, annualised from weekly returns to 13/11/2026: 54.5% over 1 year, 49.4% over 3 years, 54.5% over 5 years. Largest fall in the price of Bitcoin Tracker One since November 2021, in pounds: −72.2% from 19/11/2021 to 30/12/2022. The lowest 12-month return of Bitcoin Tracker One in pounds (price, with income reinvested in the fund) since January 2021 was −73.3% (12 months to 11/11/2022); the highest was +239.6% (12 months to 08/03/2024). On 13/11/2026 the price of Bitcoin Tracker One was 47.1% below its highest weekly close since November 2021 (10/10/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Bitcoin Tracker One 2.50% a year. Compared on 14/11/2026, 0 of the 19 other crypto products charge more, 2 the same and 17 less (share classes counted once). ## Funds tracking the same index 4 funds track BTC/USD Exchange Rate - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.10% to 2.50% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | 21Shares Bitcoin Core ETP | 0.10% | -30.8% | -26.8% | — | | 21Shares Bitcoin ETP | 0.15% | -31.7% | — | +3.2% | | Bitcoin Tracker One (this fund) | 2.50% | -33.9% | +77.2% | +0.8% | | WisdomTree Physical Bitcoin | 0.35% | -31.5% | — | +7.9% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **2.50%** per year (as of 02/10/2026) - Stocks and shares ISA eligible: no (crypto ETN). Since 06/04/2026 crypto ETNs cannot be added to a stocks and shares ISA (or a Junior ISA). HMRC rules allow them in an Innovative Finance ISA, where a provider offers one, and in a SIPP. Crypto ETNs bought into a stocks and shares ISA before that date may stay there. - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of 0PTL?** The ongoing charge of 0PTL is 2.50% a year — about £250 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Bitcoin Tracker One 2.50% a year. Compared on 14/11/2026, 0 of the 19 other crypto products charge more, 2 the same and 17 less (share classes counted once). **What does 0PTL track?** 0PTL tracks the BTC/USD Exchange Rate - USD - Benchmark Price Return. **Is 0PTL accumulating or distributing?** 0PTL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of 0PTL?** The ISIN of 0PTL is SE0007126024. An ISIN identifies one exact share class of a fund; 0PTL is its ticker on the London Stock Exchange. **What were 0PTL’s returns in each of the last five years?** Calendar-year returns of 0PTL in pounds (price, with income reinvested in the fund): 2022 −65.3%, 2023 +168.9%, 2024 +140.0%, 2025 −20.7%; 2026 to 13/11/2026 −24.2%. Past performance is not a guide to future returns. **How has 0PTL done after inflation?** Over the five years to 13/11/2026 0PTL’s total return was +0.8%, or −21.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.