Euronext Amsterdam · ETF
Invest in BTCN ETF from India
Indian and foreign residents can buy iShares Bitcoin ETP (BTCN) units directly through Paasa.
By Paasa · Updated
BTCN at a glance
- Price
- $8.36-$0.03 (0.41%)
- Expense ratio
- 0.15%
- Day range
- $8.29 – $8.50
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2025
- Dividends
- —
- 1 month
- +5.81%
- 6 months
- +17.06%
- YTD
- -29.88%
- 1 year
- -24.84%
- 5 years
- —
Price change, excluding dividends.
Top holding
- 1Bitcoin100.0%
These 1 are 100.0% of the fund.
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IBITNASDAQiShares Bitcoin Trust ETF | 0.25% | 68.3B |
Assets are shown in each fund's own reporting currency.
How to invest in BTCN from India
Step 1
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.
Step 2
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.
Step 3
Search BTCN and buy
Find the fund by its ticker, BTCN, on Euronext Amsterdam, and place your order.
Why invest in BTCN from India
What BTCN holds
The ETP securities aim to provide investment exposure to Bitcoin. Each ETP security corresponds to a specific amount of Bitcoin.
Hold a dollar asset
BTCN is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy BTCN from India?
Yes. Indian residents can buy iShares Bitcoin ETP (BTCN) through Paasa. It is listed on Euronext Amsterdam and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does BTCN invest in?
Its largest holding is Bitcoin (100.0%). The fund is domiciled in Ireland.
What is the expense ratio of BTCN?
iShares Bitcoin ETP has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
What tax do I pay in India when I sell BTCN?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.