CoinShares Bitcoin and Ether ETF
CoinShares Bitcoin and Ether ETF (NASDAQ: BTF) is an exchange-traded fund listed on NASDAQ, trading at $23.00 (about ₹2,209 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 1.27% and holds 5 securities. Indian residents can buy BTF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$22.93
Today's high
$23.48
52 week low
$15.00
52 week high
$97.10
BTF opened at $23.48, closed previously at $23.12, and has traded between $15.00 and $97.10 over the past 52 weeks.
About
BTF invests in front-month bitcoin and ether futures contracts through a Cayman Islands subsidiary, maintaining an equal weight for both at each monthly rebalance. The fund does not directly invest in bitcoin or ether. Investment's total notional value is 100% of assets. The fund trades contracts exclusively on the CME, their value derived from the CME CF Bitcoin and Ether Reference Rates. BTF invests its remaining assets in collateral investments. If the fund reaches position limits set by the derivatives exchange, it could opt for futures contracts with extended terms or increase collateral investments. On Oct. 3, 2023, the fund changed its name from Valkyrie Bitcoin Strategy ETF to Valkyrie Bitcoin and Ether Strategy ETF, reflecting an added exposure to ether futures. Effective Oct. 31, 2024, due to an acquisition, BTF incorporated CoinShares in its name. Following July 15, 2025, the term Valkyrie was removed from the fund name.
Key statistics
Expense ratio
1.27%
Assets (AUM)
$17.5M
Holdings
5
NAV
$23.53
Avg. volume
—
1-year price change
-72.41%
5-year price change
—
Price change excludes dividends.
Top 5 holdings
BTF holds 5 securities in total. These 5 are 100.0% of the fund.
How to buy BTF from India
Indian residents can buy BTF 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.
Search BTF and buy
Find the fund by its ticker, BTF, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in BTF from India
Trading and taxes when buying BTF from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- 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
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the BTF price today?
CoinShares Bitcoin and Ether ETF (BTF) last traded at $23.00 on NASDAQ, as of 28 Sep 2026, 4:00 PM ET. That is ₹2,209 a unit at the 28 Sep 2026 USD/INR rate.
When does BTF trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is BTF, and what does it cost to hold?
CoinShares Bitcoin and Ether ETF manages about $17.5M. Its expense ratio is 1.27% a year, deducted inside the fund. It launched in 2021.
What are BTF's largest holdings?
The top three are CME Bitcoin Fut Oct26 (25.3%), CME Ether Future Oct26 (24.7%) and United States Treasury Bill 10/29/2026 (21.2%). BTF's 5 largest positions make up 100.0% of the fund.
Does BTF pay dividends?
Yes. BTF is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on BTF 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.
Can I buy fractional units of BTF?
Yes. You can buy BTF by amount rather than by whole unit, and there is no minimum trade size.
How has BTF performed?
BTF's price is down 72.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.