Bitwise Core Bitcoin ETF

The Bitwise Core Bitcoin ETF is a physically backed exchange-traded product providing direct exposure to Bitcoin for investors in regulated markets. Structured as an ETP, it is fully collateralized—each share is 100% backed by Bitcoin held in secure, institutional-grade cold storage with oversight from an independent trustee. This design enables investors to gain cost-effective and transparent access to the cryptocurrency without needing to manage, store, or secure Bitcoin directly. Notably, the product features a competitive total expense ratio of 0.20% per annum, making it one of the most cost-efficient Bitcoin ETPs available in Europe. The fund tracks the CF Benchmarks Bitcoin Reference Rate, offering an institutional-grade price benchmark that ensures accurate price representation. Regulated under a Tier 1 European framework and domiciled in Germany, it appeals to both individual and institutional investors seeking regulated, secure digital asset exposure. The Bitwise Core Bitcoin ETF plays a significant role as a bridge between traditional financial markets and the digital asset ecosystem, enhancing accessibility, liquidity, and transparency for Bitcoin investment.