CoinShares Bitcoin ETP
CoinShares Bitcoin ETP (LSE: BITP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £57.99 (about ₹7,349 a unit) as of 29 Oct 2026, 10:15 AM ET. It has an expense ratio of 0%. Indian residents can buy BITP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£57.60
Today's high
£57.99
52 week low
£42.41
52 week high
£81.31
BITP opened at £57.61, closed previously at £58.10, and has traded between £42.41 and £81.31 over the past 52 weeks.
About
This product is designed to offer investors a means of investing in Bitcoin without having to acquire Bitcoin themselves and to enable investors to buy and sell exposure to Bitcoin by trading of a security on a regulated European stock exchange.
Key statistics
Expense ratio
0%
Assets (AUM)
—
Holdings
—
NAV
£0.00
Avg. volume
5.05K
1-year price change
-28.33%
5-year price change
—
Price change excludes dividends.
Similar funds
This is not an investment recommendation
How to buy BITP from India
Indian residents can buy BITP units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in BITP from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Search BITP and buy
Find the fund by its ticker, BITP, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your BITP position in GBP and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying BITP from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
FAQs
What is the BITP price today?
CoinShares Bitcoin ETP (BITP) last traded at £57.99 on the London Stock Exchange ETF segment, as of 29 Oct 2026, 10:15 AM ET. That is ₹7,349 a unit at the 28 Oct 2026 GBP/INR rate.
When does BITP trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is BITP, and what does it cost to hold?
Its expense ratio is 0% a year, deducted inside the fund. It launched in 2025.
How are gains on BITP taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has BITP performed?
BITP's price is down 28.3% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.