Overview
Description
Global X Bitcoin ETP is a physically backed exchange-traded product designed to provide investors with efficient and transparent exposure to Bitcoin, one of the world’s leading digital assets. Its primary function is to closely track the value of Bitcoin by directly holding the underlying cryptocurrency in secure custody, facilitating direct participation in Bitcoin’s price movements without the complexities of self-custody or navigating crypto exchanges.
Structured as a debt security and trading as a regulated ETP, it offers institutional-grade security and compliance features, including the custody of assets by Coinbase Custody International Ltd., a recognized digital asset custodian. The product is part of a new generation of digital asset investment vehicles on major European exchanges, including the London Stock Exchange, and aims to capture Bitcoin’s long-term growth potential through a cost-effective wrapper with an ongoing charge of 0.29% per annum after a temporary fee waiver.
Global X Bitcoin ETP serves as a bridge between traditional financial markets and the expanding digital asset ecosystem, providing professional investors with regulated, secure, and transparent access to Bitcoin within familiar market infrastructure.
About
Address
—
Phone
—
Website
—
Instrument type
ETF
Country
Switzerland
MIC code
XSWX