News and announcements from HANetf.

Stay up to date with the latest commentary on the ETF marketplace, stock stories and news here.

BTCetc Exchange Traded Bitcoin (BTCE) passes $250 million AUM after record trading day as Bitcoin price hits $23,000

  • BTCE has surpassed $250 million AUM after launching in June 2020

  • BTCE had a record trading day since launch, with $53million in trading volume

  • BTCE is an exchange traded product (ETP) on XETRA and closely tracks the price of bitcoin


When trading a Bitcoin ETF or ETP your capital is at risk. 


18th December 2020, London

BTCetcBitcoin Exchange Traded Crypto (ticker BTCE), had a record trading day[1] and surpassed $250million assets under management as Bitcoin hit $23,000 yesterday. BTCE had record trading volume of $53million on 17th December 2020, an increase of 47% from the previous highest trading day of $36million last month[2] and was the highest traded product on Xetra’s ETN segment[3]. 

Bradley Duke, CEO of ETC Group said “Equity and multi-asset investors are scrambling for Bitcoin as the ultimate long-duration treasury reserve asset in a bid to keep ahead of the negative real rates threatening corporate and household balance sheets.  Developed market investors and corporate CFOs have now realised that the debasement of currency and consequential erosion of wealth that emerging market investors have battled for decades has arrived on the shore s of developing markets.”

With BTCetc Bitcoin ExchangeTraded Crypto (BTCE), our mission is to bring investors a better way to invest in Bitcoin. BTCE tracks the price of Bitcoin and delivers physical Bitcoin exposure with the safety and liquidity of an exchange traded product on a regulated stock exchange.  BTCE gives investors access to Bitcoin on a regulated exchange without the headaches of needing to find and maintain secure storage for Bitcoin as BTCE securities are stored safely in the investors brokerage account.”  

BTCE tracks the price of Bitcoin and is 100% physically backed, providing investors with safe and transparent way to gain exposure to Bitcoin. BTCE was also the world’s first central counterparty cleared bitcoin ETF or ETP[4].  It is UCITS eligible and is distributed and marketed by HANetf.

Bitcoin can be a highly volatile product.  When you trade BitcoinETFs and ETPs your capital is at risk.

Launched in June 2020 and approved by BaFin, the German financial regulator, BTCE is structured as an exchange traded product (ETP) that is physically backed by Bitcoin. Each unit of BTCE gives the holder a claim on a predefined amount of bitcoin - a structure very similar to physically-backed gold exchange traded commodities, and allows investors the option for redemption in bitcoin.  For every unit of BTCE, there is bitcoin stored in regulated, insured, institutional-grade safe custody. The entire ETP structure is based on a transparent and verifiable process to ensure that the provenance of all bitcoin in custody has been strictly vetted. BTCE is UCITS eligible.    


Tell us how we can help