Top US Crypto ETFs by AUM: 1. IBIT (BlackRock) – $70.6B 2. FBTC (Fidelity) – $18B 3. GBTC (Grayscale) – $15B 4. BITB (Bitwise) – $3.5B 5. ARKB (ARK 21Shares) – $3.4B
Top Canada & Europe Crypto ETFs: 1. BTCC (Purpose BTC - Canada) – $1.8B CAD 2. FBTC (Fidelity BTC - Canada) – $1.1B CAD 3. QBTC (3iQ CoinShares BTC - Canada) – $900M CAD 4. CBTC (CoinShares Physical BTC - Europe) – €900M 5. VALBTC (Valour BTC Zero - Europe) – €500M
Top Asia Crypto ETFs: 1. CSOP BTC Futures ETF (Hong Kong) – $1.1B HKD 2. Harvest BTC Spot ETF (Hong Kong) – $850M HKD 3. Samsung BTC ETF (Hong Kong) – $720M HKD 4. Global X BTC ETF (Hong Kong) – $600M HKD

Valour Bitcoin Zero ETP (VALBTC)

Zero-fee physically-backed spot Bitcoin ETP listed across major European exchanges – direct exposure to Bitcoin from Valour.

Key Facts

IssuerValour (DeFi Technologies)
TickerVALBTC (various European exchanges, e.g., Euronext, Xetra, Nordic Growth Market)
Expense Ratio0.00% (zero ongoing fees)
Approx. AUM€500M
CustodianCoinbase Custody (cold storage)
InceptionMarch 2021
Official SiteValour VALBTC Page

Composition / Holdings

VALBTC is 100% physically-backed spot Bitcoin (no derivatives or futures).

Asset Percentage Description
Bitcoin (BTC) 100% Physically-backed spot Bitcoin held in cold storage by Coinbase Custody

No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (zero ongoing fees).

Net Inflows & Outflows

Historical daily/weekly net flows showing investor demand for VALBTC in Europe.

Performance Overview

NAV tracking and returns vs. Bitcoin spot price (historical).

ESG & Sustainability Metrics

Estimated ESG ratings and carbon footprint (where applicable for crypto ETPs).

Pros

  • Physically-backed spot Bitcoin with institutional-grade custody
  • Zero ongoing fees (0.00% TER) – lowest cost in Europe
  • Direct 1:1 exposure to Bitcoin price (no derivatives)
  • Listed across multiple major European exchanges (high accessibility)

Cons

  • Full exposure to Bitcoin price volatility
  • No direct Bitcoin ownership or withdrawal option
  • Euro denominated (currency risk for non-EUR investors)
  • Regulatory differences across EU countries

How to Buy VALBTC

Available on major European brokers and exchanges (e.g., Euronext, Xetra, Nordic Growth Market, via brokers like Degiro, Interactive Brokers, Saxo Bank, etc.). Search ticker VALBTC or equivalent ISIN (depending on venue).

Not financial advice. Investments in crypto ETPs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.