Why invest in Bitcoin?

Best Performing Asset of the Decade
Bitcoin has outperformed every major asset class over the past decade, delivering unmatched returns of over 40,000%. Bitcoin's resilience, weathering multiple market cycles, and increased adoption have cemented its status as a viable portfolio diversifier. In May 2025, Bitcoin hit a new all-time high of around $112,000 and currently commands more than 60% of the total crypto market capitalization. 
    
Growing Global Adoption
Bitcoin is no longer seen by the mainstream as merely a “speculative asset.” It is increasingly recognized as an emerging store of value and a hedge against counterparty risk by both institutions and nation-states. Countries like Bhutan have harnessed Bitcoin mining to drive economic growth, while broader geopolitical shifts point to a growing trend of governments adopting Bitcoin as a strategic asset. In Pakistan, the government recently announced the creation of a Strategic Bitcoin Reserve and allocated 2,000 megawatts of energy to support Bitcoin mining and AI data centers. 

Meanwhile, in the United States, several states have taken notable steps toward embracing Bitcoin at the policy level. New Hampshire became the first state to pass legislation allowing its treasury to invest up to 5% of public funds in Bitcoin and other major digital assets. Shortly thereafter, Arizona followed by establishing a Bitcoin and Digital Asset Reserve Fund for unclaimed crypto assets, using abandoned digital holdings without tapping into taxpayer money. 

Emerging Store of Value
Bitcoin is increasingly recognized as a modern store of value, driven by its fixed supply, transparent monetary policy, and decentralized nature. With only 21 million coins ever to exist, Bitcoin offers a level of scarcity unmatched by traditional fiat currencies. Its open, verifiable supply schedule and independence from central banks position it as a credible hedge against macroeconomic uncertainties.

Why invest in CBTC? Your Benefits at a Glance

The 21Shares Bitcoin Core ETP (CBTC) tracks the performance of BTC. CBTC investors gain 100% exposure to BTC through one of the market's most cost-efficient ETPs. CBTC belongs to the 21Shares Core Product Suite, a collection that also includes the 21Shares Ethereum Core Staking ETP (ETHC) and other key investment vehicles for accessing the crypto market.

High Performance
As of June 4th, 2025, CBTC has had an excellent return of around 409% since inception. To complement its strong market performance, CBTC has consistently maintained some of the tightest spreads among Bitcoin ETPs since inception, offering investors efficient and seamless access to the world’s largest digital asset by market capitalization.  

100% Physically Backed
The product is fully backed 1:1 by physical Bitcoin and secured in cold storage by institutional-grade custodians, providing a level of protection that exceeds typical retail custody solutions.

Low Fees
With a management fee of 0.21%, the 21Shares Bitcoin Core ETP offers a very cost-efficient solution in the market for full exposure to BTC. This makes it an ideal solution for long-term investors seeking to benefit from consistently low ongoing expenses.

Carbon Neutral
Since 2018, 21Shares has been fully carbon neutral. The commitment involves offsetting carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.

21Shares Track Record
21Shares offers one of the world’s largest suites of cryptocurrency exchange-traded products, with 45+ ETPs listed in 10+ exchanges, making cryptocurrency investing more accessible. In 2018, the company listed the world’s first physically backed crypto ETP and continues developing their product suite with industry-leading research and innovative products designed for institutional and retail investors around the globe.

21Shares Core Bitcoin ETP (CBTC) at a Glance

Product 21Shares Bitcoin Core ETP
Ticker CBTC
ISIN CH1199067674
Inception Date June 28, 2022
Management Fee (TER) 0.21%
Listing Avenues Deutsche Boerse Xetra
SIX Swiss Exchange
Euronext Paris
Euronext Amsterdam
London Stock Exchange
Assets under Management ($) 393.4 million1
May 2025 Average Spread (20D) 6.4 basis points


View Factsheet


 

Information about 21Shares

21Shares offers an extensive crypto product suite, including single-asset and index products, and is a recognized industry leader, having launched the world’s first physically backed crypto ETP over five years ago. As part of the 21.co Group, which manages around $10 billion in assets globally, 21Shares continues to expand its offerings, leveraging industry-leading research to make crypto investing more accessible to everyone.

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 1As of June 3rd, 2025

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