ETN / ETP · CoinShares
BITP CoinShares Bitcoin ETP
ISIN GB00BLD4ZL17London Stock Exchange: BITPCoinShares International Ltd.
Latest close
LSE£60.78
on
- Ongoing charge
- 0.15% a year
- Fund size
- £997m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, BITP (CoinShares Bitcoin ETP, ISIN GB00BLD4ZL17) closed at £60.78 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was −17.3%, or −35.3% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −25.5%
- −27.9% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −17.3%
- −35.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £827 on 30/09/2026 — about £647 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of CoinShares Bitcoin ETP in pounds (price only, income paid out not included): 2026 to 30/09/2026 −3.2%. Returns of CoinShares Bitcoin ETP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −22.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −3.2% | −5.9% |
| 12 months to | Return |
|---|---|
| from | −22.7% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
46.9%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since January 2025
- −50.3%
- From to
- Below its highest weekly close since January 2025
- 30.7%
- High of , latest
In words: Volatility of CoinShares Bitcoin ETP in pounds, annualised from weekly returns to 30/09/2026: 46.9% over 1 year. Largest fall in the price of CoinShares Bitcoin ETP since January 2025, in pounds: −50.3% from 10/10/2025 to 05/06/2026. On 30/09/2026 the price of CoinShares Bitcoin ETP was 30.7% below its highest weekly close since January 2025 (10/10/2025), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.15%
- a year
- On £10,000
- £15
- a year, roughly
- Over five years
- £75
- of £10,000, before growth
- 3 charge less
- 1 the same
- 11 charge more
Ongoing charge of CoinShares Bitcoin ETP 0.15% a year, as of 01/10/2026: 11 of the 15 other crypto products charge more, 1 the same and 3 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
CoinShares Bitcoin ETP is an exchange-traded product from CoinShares, launched in 2021.
It tracks the Compass Crypto Reference Index Bitcoin - 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 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Crypto: Products that track Bitcoin and other cryptoassets.
Key facts
- Ticker
- BITP
- ISIN
- GB00BLD4ZL17
- Provider
- CoinShares
- Tracks
- Compass Crypto Reference Index Bitcoin - Benchmark Price Return
- Structure
- ETN / ETP
- An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
- Income
- Distributing, paid annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.15% a year · about £15 on £10,000
- Fund size
- £997m
- Launched
- Domicile
- United Kingdom
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Crypto
Price chart
Since 31/07/2026, the closing price went from £44.63 on 31/07/2026 to £60.78 on 30/09/2026 (+36.2%). The lowest close shown was £44.62 on 14/08/2026 and the highest £60.89 on 25/09/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since January 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of BITP?
The ongoing charge of BITP is 0.15% a year — about £15 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 CoinShares Bitcoin ETP 0.15% a year, as of 01/10/2026: 11 of the 15 other crypto products charge more, 1 the same and 3 less (share classes counted once).
What does BITP track?
BITP tracks the Compass Crypto Reference Index Bitcoin - Benchmark Price Return.
Is BITP accumulating or distributing?
BITP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.
What is the ISIN of BITP?
The ISIN of BITP is GB00BLD4ZL17. An ISIN identifies one exact share class of a fund; BITP is its ticker on the London Stock Exchange.
What were BITP’s returns in each of the last five years?
Calendar-year returns of BITP in pounds (price only, income paid out not included): 2026 to 30/09/2026 −3.2%. Past performance is not a guide to future returns.
How has BITP done after inflation?
Over the five years to 30/09/2026 BITP’s total return was −17.3%, or −35.3% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- WXBTWisdomTree Physical Bitcoin0.35% a year · £920m
- IB1TiShares Bitcoin ETP0.15% a year · £840m
- BTCEBitwise Physical Bitcoin ETP2.00% a year · £507m
- 0PTLBitcoin Tracker One3.64% a year · £422m
- ABTC21Shares Bitcoin ETP1.50% a year · £384m
- CBTC21Shares Bitcoin Core ETP0.10% a year · £347m
- ETHPCoinShares Ethereum Staking ETP£256m
- AETH21Shares Ethereum ETP1.50% a year · £188m
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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