VanEck Bitcoin ETN A (VBTC.PA)
The VanEck Bitcoin ETN provides exposure to Bitcoin, offering 100% collateralization with BTC stored securely in cold storage through a regulated custodian. It is tradeable on regulated stock exchanges and traditional brokers, eliminating risks associated with staking or lending.
ETF Info
DE000A28M8D0
Nov 19, 2020
1x
MVIS Cryptocompare Bitcoin VWAP Close Index
Germany
Expense Ratio
VBTC.PA has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of €10,000 in VanEck Bitcoin ETN A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Bitcoin ETN A had a return of 2.51% year-to-date (YTD) and 95.85% in the last 12 months.
VBTC.PA
2.51%
-7.83%
70.64%
95.85%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of VBTC.PA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 10.78% | 2.51% | |||||||||||
| 2024 | 4.70% | 43.49% | 14.14% | -13.46% | 9.11% | -8.57% | 7.86% | -14.53% | 8.97% | 13.30% | 43.38% | -2.48% | 135.65% |
| 2023 | 37.68% | 2.80% | 18.79% | 1.97% | -4.98% | 8.63% | -3.53% | -5.94% | 1.37% | 28.46% | 6.01% | 10.34% | 144.60% |
| 2022 | -20.05% | 7.90% | 14.42% | -11.74% | -20.48% | -38.02% | 28.23% | -15.05% | 2.01% | 1.17% | -21.03% | -5.17% | -63.85% |
| 2021 | -2.44% | 13.88% | 21.75% | -6.86% | 44.21% | -5.44% | -17.10% | 42.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VBTC.PA is 73, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Bitcoin ETN A (VBTC.PA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Bitcoin ETN A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Bitcoin ETN A was 74.29%, occurring on Dec 30, 2022. Recovery took 300 trading sessions.
The current VanEck Bitcoin ETN A drawdown is 8.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.29% | Nov 11, 2021 | 294 | Dec 30, 2022 | 300 | Mar 4, 2024 | 594 |
| -27.09% | Mar 14, 2024 | 124 | Sep 6, 2024 | 37 | Oct 29, 2024 | 161 |
| -24.3% | Jun 15, 2021 | 26 | Jul 20, 2021 | 6 | Jul 28, 2021 | 32 |
| -18.65% | Jun 4, 2021 | 3 | Jun 8, 2021 | 4 | Jun 14, 2021 | 7 |
| -18.17% | Sep 7, 2021 | 16 | Sep 28, 2021 | 6 | Oct 6, 2021 | 22 |
Volatility
Volatility Chart
The current VanEck Bitcoin ETN A volatility is 9.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.