100% Bitcoin
An investment vehicle that provides single-asset exposure to physical Bitcoin (BTC).
Regulated, custodized, insured and secured.
BTCX100 Bitcoin Fund
The single-asset index fund gives 100% 'long-only' exposure to Bitcoin in a safe and transparent manner.
BTCX 100 is managed by an experienced investment team with an extensive track-record in cryptocurrency funds management. The aim of the index is to provide a fluid way to gain exposure to digital assets without the many roadblocks associated with purchasing, transacting and storing them securely yourself.
- 100% underlying physical Bitcoin
- Insurance Coverage
- Weekly contributions & redemptions
- Weekly reporting of NAV
- 2.25% management fee only*
- Seamless online subscription
BTCX Unit Price
$6,744.65 24 hr change: -0.71%Last updated index price of the BTCX 100 as of 4 April 2020, 07:00. All prices quoted in US Dollars.
BTCX 100InvestPerformance
The BTCX100 is benchmarked from the Coin Metrics CMBIBTC reference price, a data tracker which utilises several exchanges for the purpose accurate pricing. Past performance is no guarantee of future results.
(Last updated 01/01/2020)
| 3 months | 6 months | 1 year | 2 years | 3 years | |
|---|---|---|---|---|---|
| Bitcoin (BTC) | -13.2% | -29.3% | 93.6% | -46.4% | 621.6% |
| Gold (XAU) | 3.9% | 9.6% | 18.8% | 17.5% | 31.4% |
| SP500 (SPX) | 10.8% | 9.9% | 29.8% | 20.8% | 44.3% |
Index Holdings
| Assets Indexed | BTC only | Market Capitalization | $130 billion |
|---|---|---|---|
| Allocation | 100% | Type of Asset | Physical |
| Hold Derivatives | No | Leverage | No |
As of 01 January 2020
Subscription & Fees
| Subscription Period | Weekly | Redemption period | Weekly |
|---|---|---|---|
| Lock-up period | N/A | Custody enabled | 100% |
| Performance fee | 0% | Management fee | 2.25% |
| Redemption fee | 0%* | Minimum Subscription | SG$100,000 |
*An early redemption fee of 2.00% applies for assets withdrawn within 12 months of subscription.
Service Providers
| Administrator | MG Stover | Legal | Campbells |
|---|---|---|---|
| Banking | Silvergate | Custodian | BitGo |
| OTC | Cumberland | Auditing | Cohen and Company |
| Calculation Agent | Coin Metrics | AML KYC | Swiss Asia |
Reports
| 01 January 2020 | BTCX100 Fact Sheet | Download |
|---|
Frequently Asked Questions
Is this product only for Non-US Investors?
Yes, for the time being, all of the products listed on this website are for Non-US Investors.
Who can apply for this Index Fund
The fund is open to accredited investors, corporate investment firms and institutions. At this time, the index fund does not accept retail investors.
How do I know if I am an Accredited Investor?
An accredited investor is an individual with assets that exceed $2,000,000 or an income of at least $250,000 per annum. Please check here for further explanation.
What are the fees?
There is no performance fee, administration fee or redemption fee applicable. A management fee of only 2.25% per annum is charged to cover all operational costs.
How long does it take to invest?
Most of the information can be lodged in as little as 10 minutes through our online portal. Following this, we will conduct the necessary AML and KYC checks. The average time for subscription is 4-5 business days.
Schedule a call today
Organize a call with one of our investment advisors to answer any questions you may have about the BTCX100 Bitcoin Fund.
ScheduleRead our Bitcoin Macro Report for 2020
In this edition, we dive deep into the effect that digital assets have when combined with traditionally structure equity and bond portfolios.
- Digital Assets as a store of value
- The use of Bitcoin in a 60/40 traditional portfolio
- Why Bitcoin is a non-correlated asset
