ETN / ETP · Bitwise
BTCE Bitwise Physical Bitcoin ETP
ISIN DE000A27Z304London Stock Exchange: BTCEBitwise Europe GmbH
Latest close
LSE£55.56
on
- Ongoing charge
- 2.00% a year
- Fund size
- £507m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, BTCE (Bitwise Physical Bitcoin ETP, ISIN DE000A27Z304) closed at £55.56 on the London Stock Exchange. Its ongoing charge is 2.00% a year (about £200 on £10,000). Over the five years to 30/09/2026 its total return was −20.1%, or −37.5% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −27.3%
- −29.6% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −20.1%
- −37.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £799 on 30/09/2026 — about £625 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 2.00%
- a year
- On £10,000
- £200
- a year, roughly
- Over five years
- £961
- of £10,000, before growth
- 14 charge less
- 0 the same
- 1 charge more
Ongoing charge of Bitwise Physical Bitcoin ETP 2.00% a year, as of 01/10/2026: 1 of the 15 other crypto products charge more, 0 the same and 14 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
Bitwise Physical Bitcoin ETP is an exchange-traded product from Bitwise, launched in 2020.
It tracks the Bloomberg Cryptocurrency Fixing for Bitcoin - 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 2.0% a year — about £200 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: Products that track Bitcoin and other cryptoassets.
Key facts
- Ticker
- BTCE
- ISIN
- DE000A27Z304
- Provider
- Bitwise
- Tracks
- Bloomberg Cryptocurrency Fixing for Bitcoin - USD - 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
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 2.00% a year · about £200 on £10,000
- Fund size
- £507m
- Launched
- Domicile
- Germany
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Crypto
Questions people ask
What is the ongoing charge of BTCE?
The ongoing charge of BTCE is 2.00% a year — about £200 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 Bitwise Physical Bitcoin ETP 2.00% a year, as of 01/10/2026: 1 of the 15 other crypto products charge more, 0 the same and 14 less (share classes counted once).
What does BTCE track?
BTCE tracks the Bloomberg Cryptocurrency Fixing for Bitcoin - USD - Benchmark Price Return.
Is BTCE accumulating or distributing?
BTCE 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 BTCE?
The ISIN of BTCE is DE000A27Z304. An ISIN identifies one exact share class of a fund; BTCE is its ticker on the London Stock Exchange.
How has BTCE done after inflation?
Over the five years to 30/09/2026 BTCE’s total return was −20.1%, or −37.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- BITPCoinShares Bitcoin ETP0.15% a year · £997m
- WXBTWisdomTree Physical Bitcoin0.35% a year · £920m
- IB1TiShares Bitcoin ETP0.15% a year · £840m
- 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)
- Inflation
- ONS CPIH, latest month published
- 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
A machine-readable copy of this page: Markdown.