Coinshares Bitcoin ETF (BRRR)
Coinshares Bitcoin ETF (BRRR) is a spot Bitcoin exchange-traded fund from Valkyrie. It manages $480.04M, ranking 9 of 12 US Bitcoin funds with 0% of their combined assets. The fund holds about 0.03% of all Bitcoin in circulation.
The expense ratio is 0.25% a year. On the last trading day it saw an inflow of +$0, and +$299.32M since launch. Daily share trading volume was $1.2M. Shares trade at a premium of 0.18% to net asset value.
A spot bitcoin ETF buys actual bitcoin and holds it with a regulated custodian, while investors buy fund shares on a regular stock exchange through a broker, with no crypto wallet or exchange. These funds have traded in the US since January 2024, and their flows show institutional demand, so traders watch them closely.
Frequently asked questions
What is the BRRR expense ratio?
0.25% per year.
How much does BRRR manage?
$480.04M in assets, ranked 9 among Bitcoin funds.
What were BRRR flows today?
+$0 on the last trading day.