Bitwise Core Bitcoin ETP
Bitwise Core Bitcoin ETP (XETRA: BTC1) is an exchange-traded fund listed on XETRA, trading at €7.32 (about ₹800 a unit) as of 25 Sep 2026, 11:36 AM ET. It has an expense ratio of 0.05%. Indian residents can buy BTC1 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€7.30
Today's high
€7.44
52 week low
€5.07
52 week high
€10.67
BTC1 opened at €7.35, closed previously at €7.39, and has traded between €5.07 and €10.67 over the past 52 weeks.
About
The Bitwise Core Bitcoin ETP (primary ticker: BTC1) is a physically backed exchange-traded product designed to provide investors with a secure and cost-effective instrument to gain exposure to Bitcoin.
Key statistics
Expense ratio
0.05%
Assets (AUM)
€181.5M
Holdings
—
NAV
€7.35
Avg. volume
—
1-year price change
-22.89%
5-year price change
—
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
Similar funds
This is not an investment recommendation
How to buy BTC1 from India
Indian residents can buy BTC1 units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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 EUR when you buy.
Search BTC1 and buy
Find the fund by its ticker, BTC1, on XETRA, and place your order.
Read the full guide: how to invest in BTC1 from India
Trading and taxes when buying BTC1 from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the BTC1 price today?
Bitwise Core Bitcoin ETP (BTC1) last traded at €7.32 on XETRA, as of 25 Sep 2026, 11:36 AM ET. That is ₹800 a unit at the 25 Sep 2026 EUR/INR rate.
When does BTC1 trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is BTC1, and what does it cost to hold?
Bitwise Core Bitcoin ETP manages about €181.5M. Its expense ratio is 0.05% a year, deducted inside the fund. It launched in 2024.
What are BTC1's largest holdings?
Its largest holding is Bitcoin (100.0%).
How are gains on BTC1 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 BTC1 performed?
BTC1's price is down 22.9% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.