CoinShares Physical Bitcoin etp claims europe’s largest position as Bitcoin surpasses 100,000

Physical Bitcoin ETP is now largest in Europe: CoinShares’ Physical Bitcoin ETP ($BITC) is now Europe’s largest exchange-traded product by assets, reaching significant growth after launching in January 2021. It has outperformed competitors, accumulating over 5.4 billion USD in Bitcoin, totaling 8.9 billion USD in managed assets.

CoinShares focuses on investor trust and innovation: Frank Spiteri, Head of Asset Management at CoinShares, highlighted that their focus on investor trust and continuous innovation has propelled their success. Competitive fees, transparency, and strategic distribution play KEY roles in solidifying their market leadership.

Bitcoin’s milestone reflects digital asset growth: With Bitcoin’s price now over 100,000 USD, the rise of the CoinShares Physical Bitcoin ETP underscores the rapidly evolving landscape of digital assets, attracting both retail and institutional investors into an increasingly confident market.