Bitwise Physical Bitcoin ETC

🇩🇪Germany
BTCE.SW

BTC Holdings

12501

About Bitwise Physical Bitcoin ETC
Bitwise Physical Bitcoin ETC, based in Germany, stands as a pioneering exchange-traded product (ETP) focused on providing secure and efficient exposure to Bitcoin for institutional and retail investors across Europe. Established as a physically backed ETP, the company ensures that each unit is directly supported by actual Bitcoin holdings, offering a transparent and regulated investment vehicle. Operating within Germany’s robust financial ecosystem, Bitwise Physical Bitcoin ETC aligns with stringent European regulatory standards, fostering trust among investors seeking to integrate digital assets into diversified portfolios. The company’s business model centers on bridging traditional finance with the burgeoning cryptocurrency market, enabling seamless access to Bitcoin without the complexities of direct ownership or custody concerns. As of 2025, Bitwise continues to refine its offerings, catering to a growing demand for crypto-based financial products in a region known for its conservative yet innovative approach to investment.
A key pillar of Bitwise Physical Bitcoin ETC’s strategy lies in its commitment to advancing Bitcoin adoption through a sophisticated treasury management approach. By maintaining physical Bitcoin reserves, the company mitigates counterparty risk and prioritizes asset security, a critical factor for institutional clients navigating the volatile digital asset landscape. This focus on tangible backing distinguishes Bitwise in the European market, where trust and reliability are paramount. Additionally, the company actively engages with evolving regulatory frameworks in Germany and the broader EU, ensuring compliance while advocating for Bitcoin’s role as a legitimate treasury asset. Over the past year, Bitwise has emphasized educational initiatives to inform corporate entities about the potential of Bitcoin as a strategic reserve, reflecting a broader trend of digital asset integration into corporate finance.
In the competitive landscape of crypto ETPs, Bitwise Physical Bitcoin ETC holds a significant position, particularly as it marked its five-year anniversary in 2025, celebrating the listing of the world’s first centrally cleared Bitcoin ETP on Xetra. This milestone underscores its role as a trailblazer in European markets, where institutional demand for digital assets continues to surge. Competing with global asset managers and newer crypto-focused funds, Bitwise leverages its early-mover advantage and deep regional expertise to maintain relevance. Its strategic significance lies in catalyzing broader Bitcoin adoption among traditional financial institutions in Germany, a country increasingly embracing blockchain innovation. As of 2025, the company remains a critical player in shaping how European investors and corporations perceive and utilize Bitcoin within their treasury strategies, driving forward the narrative of digital assets as a mainstream financial instrument.

Recent Developments

  • May 19, 2025: Bitcoin holdings decreased by 376.00 BTC to 12501 BTC with cost basis of $106.5K (BTC @ $79.05)
  • Mar 8, 2025: Bitcoin holdings decreased by 733.00 BTC to 12877 BTC with cost basis of $86.2K (BTC @ $71.02)
  • Dec 21, 2024: Bitcoin holdings decreased by 737.00 BTC to 13610 BTC with cost basis of $97.7K (BTC @ $79.26)
  • Dec 6, 2024: Bitcoin holdings decreased by 1158.00 BTC to 14347 BTC with cost basis of $99K (BTC @ $82.9)
  • Oct 15, 2024: Bitcoin holdings decreased by 850.00 BTC to 15505 BTC with cost basis of $66.1K (BTC @ $51.12)
Bitwise Physical Bitcoin ETC — Bitcoin Holdings Over Time
1y - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
May 19, 2025
12,501
-376
$106.5K$79.05
Mar 8, 2025
12,877
-733
$86.2K$71.02
Dec 21, 2024
13,610
-737
$97.7K$79.26
Dec 6, 2024
14,347
-1,158
$99K$82.9
Oct 15, 2024
15,505
-850
$66.1K$51.12
Aug 16, 2024
16,355
-4,495
$58.5K$47.57
May 29, 2024
20,850
-1,328
$67.9K$56.84
Mar 26, 2024
22,178
98
$70.3K$57.61
Mar 19, 2024
22,080
-433
$64.4K$55
Mar 12, 2024
22,513
-202
$71.7K$58.69
Mar 6, 2024
22,715
-1,508
$66K$54.42
Feb 26, 2024
24,223
-263
$52.3K$41.53
Feb 20, 2024
24,486
226
$51.9K$42.7
Feb 12, 2024
24,260
-164
$48.8K$38.02
Feb 5, 2024
24,424
-393
$42.8K$34.33
Jan 31, 2024
24,817
-39
$42.9K$34.75
Jan 25, 2024
24,856
-289
$40K$32.25
Jan 24, 2024
25,145
-450
$39.9K$31.25
Jan 20, 2024
25,595
-92
$41.6K$32.9
Jan 19, 2024
25,687
-492
$41.3K$34.2
Jan 17, 2024
26,179
-679
$42.7K$33.53
Jan 13, 2024
26,858
3,406
$42.9K$34.9
Nov 3, 2023
23,452
7,305
$34.6K$29.3
Sep 14, 2022
16,147
16,147
$20.2K$18.6