CoinShares Slashes Bitcoin ETP Fee to 0.15%

Edgen Crypto

·Feb 23 2026, 07:30

Share to

Share to

Copy link

Key Takeaways

CoinShares has permanently reduced the management fee on its flagship physically-backed Bitcoin ETP (BITC) to 0.15%, a move set to intensify competition in the European digital asset market. The reduction reinforces the product's position as the largest of its kind in Europe and may trigger a broader trend of fee compression among regional providers.

CoinShares has permanently cut the management fee on its flagship CoinShares Bitcoin ETP (BITC) to 0.15%.
The move solidifies BITC's status as Europe's largest physically-backed Bitcoin ETP by assets under management.
The fee cut signals a potential European ETP "fee war", echoing similar competitive pressures seen in the U.S. market.

CoinShares Cuts BITC Fee to 0.15% to Solidify Market Lead

On February 23, 2026, asset manager CoinShares International Limited executed a significant strategic move by permanently reducing the management fee on its flagship CoinShares Bitcoin ETP (BITC) to 0.15%. This reduction to 15 basis points, effective immediately, applies to what is already Europe's largest physically-backed Bitcoin exchange-traded product by assets under management. The decision is aimed at cementing its market leadership and lowering the barrier for both institutional and retail investors seeking regulated Bitcoin exposure through standard brokerage platforms.

Fee Reduction Signals Intensifying European ETP Competition

This aggressive fee cut escalates the competitive pressure within Europe's digital asset investment sector. By making its leading product more affordable, CoinShares is directly challenging other ETP providers across the continent, potentially initiating a "fee war" similar to the one that characterized the launch of spot Bitcoin ETFs in the United States. For investors, lower management fees directly translate into improved net returns, making regulated crypto products a more compelling option. The action is anticipated to drive significant capital inflows into the BITC ETP, strengthening CoinShares' market position and likely spurring wider adoption of digital asset investments throughout Europe as costs fall.