(2BTC) 21Shares Bitcoin ETP - Overview
Etf: Bitcoin, ETP, Exchange-Traded, Product, Crypto
| Risk 5d forecast | |
|---|---|
| Volatility | 47.0% |
| Relative Tail Risk | -6.62% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.04 |
| Alpha | -48.88 |
| Character TTM | |
|---|---|
| Beta | 0.503 |
| Beta Downside | 0.432 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.36% |
| CAGR/Max DD | 0.80 |
Description: 2BTC 21Shares Bitcoin ETP January 03, 2026
2BTC is a Germany-domiciled exchange-traded product (ETP) that provides investors with direct exposure to Bitcoin by tracking the cryptocurrency’s spot price. It trades on XETRA under the ticker “2BTC” and is classified within the digital-assets ETF category.
Key operational metrics (as of Q4 2024) include an expense ratio of roughly 0.75%, assets under management around €300 million, and a daily tracking error of about 0.2%. The product’s performance is heavily driven by Bitcoin’s market dynamics-particularly hash-rate growth, regulatory clarity in the EU, and macro-level risk-off sentiment that influences crypto demand.
If you want a data-rich, risk-adjusted view of 2BTC’s recent performance and how it fits into broader crypto allocations, the analytics on ValueRay are a useful next stop.
What is the price of 2BTC shares?
Over the past week, the price has changed by -12.92%, over one month by -25.67%, over three months by -36.10% and over the past year by -38.90%.
Is 2BTC a buy, sell or hold?
What are the forecasts/targets for the 2BTC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.9 | 7.7% |
2BTC Fundamental Data Overview February 03, 2026
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 707.1m EUR (707.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 707.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 707.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.77% (E(707.1m)/V(707.1m) * Re(7.77%) + (debt-free company))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)