Bitwise Physical Bitcoin ETC

The fund aims to provide investors with seamless and pure exposure to the performance of fund while trading on Europe's largest stock exchanges.

The fund is 100% physically backed by Bitcoin (BTC) and trades like an ETF, offering cold-storage custody and 100% physical buy and sell options. It is regulated in Germany and listed on XETRA, the largest ETF exchange in Europe.

Investors should be aware that their capital is at risk, and they may not get back the amount originally invested. ETP securities are structured as debt securities, not equity, and trade on exchanges at market prices which may differ from the net asset value of the ETP. It is recommended to obtain independent advice before making an investment decision.

https://etc-group.com/de/german-tax/