# Global X Bitcoin ETP (BTCX)

**Page:** https://fundology.uk/fund/btcx · ISIN GB00BLBDZV05

## 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, BTCX (Global X Bitcoin ETP, ISIN GB00BLBDZV05) closed at £53.27 on the London Stock Exchange. Its ongoing charge is 0.29% a year (about £29 on £10,000). Over the year to 13/11/2026 its price changed by −31.8%, or −34.2% after UK CPIH inflation.

## Summary

Global X Bitcoin ETP is an exchange-traded product from Global X, launched in 2022. It tracks the Bitcoin Spot Price - XBT. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.29% a year — about £29 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: **£53.27** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BTCX |
| ISIN | GB00BLBDZV05 |
| Also listed as | BT0X (Xetra, US dollars), BT0Y (Xetra, euros) |
| Category | Crypto |
| Type | ETN / ETP |
| Provider | Global X |
| Tracks | Bitcoin Spot Price - XBT |
| Income | Accumulating |
| Ongoing charge | 0.29% a year (£29 per £10,000) |
| Launched | 2022 |
| Domicile | United Kingdom |

## 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 | -31.76% | -34.17% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Global X Bitcoin ETP in pounds (price, with income reinvested in the fund): 2025 −15.8%; 2026 to 13/11/2026 −18.8%. Returns of Global X Bitcoin ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −29.3%; to 30/09/2025: +79.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | -15.8% | -18.6% | Price |
| 2026 to 13/11/2026 | -18.8% | -21.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 46.45% | -42.86% |

## Largest fall

Volatility of Global X Bitcoin ETP in pounds, annualised from weekly returns to 13/11/2026: 46.5% over 1 year. Largest fall in the price of Global X Bitcoin ETP since June 2024, in pounds: −49.2% from 10/10/2025 to 05/06/2026. The lowest 12-month return of Global X Bitcoin ETP in pounds (price, with income reinvested in the fund) since June 2024 was −46.5% (12 months to 17/07/2026); the highest was +98.6% (12 months to 05/09/2025). On 13/11/2026 the price of Global X Bitcoin ETP was 39.3% below its highest weekly close since June 2024 (10/10/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Global X Bitcoin ETP 0.29% a year. Compared on 14/11/2026, 12 of the 19 other crypto products charge more, 1 the same and 6 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.29%** per year (as of 13/11/2026)
- 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 BTCX?**

The ongoing charge of BTCX is 0.29% a year — about £29 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 Global X Bitcoin ETP 0.29% a year. Compared on 14/11/2026, 12 of the 19 other crypto products charge more, 1 the same and 6 less (share classes counted once).

**What does BTCX track?**

BTCX tracks the Bitcoin Spot Price - XBT.

**Is BTCX accumulating or distributing?**

BTCX 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 BTCX?**

The ISIN of BTCX is GB00BLBDZV05. An ISIN identifies one exact share class of a fund; BTCX is its ticker on the London Stock Exchange. The same share class is also listed as BT0X (Xetra, US dollars) and BT0Y (Xetra, euros).

**What were BTCX’s returns in each of the last five years?**

Calendar-year returns of BTCX in pounds (price, with income reinvested in the fund): 2025 −15.8%; 2026 to 13/11/2026 −18.8%. Past performance is not a guide to future returns.

**How has BTCX done after inflation?**

Over the year to 13/11/2026 BTCX’s price changed by −31.8%, or −34.2% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.