Overview
Product Summary
The Leverage Shares 3x Short Bitcoin (BTC) ETP is a 3x Inverse Leveraged ETP designed for active traders seeking to magnify short-term results. The BTC3S ETP aims to achieve minus three times (-300%) the daily performance of Bitcoin, minus fees and expenses.
Why 3x Short Bitcoin?
No need of a margin or CFD account.
Trade with your local broker in your currency.
Physically-backed products.
Simple. Traded like any other stock.
Value of Underlying Assets
$ 2,787,813.00
AUM
$ 931,491.00
Liabilities
$ 931,491.00
Listings & Tickers
Key facts
Net Asset Value
| NAV (USD) as of 08 Jan 2026 | $29.11 |
| Daily Change (of NAV) | $0.12 |
| Daily Return (Based on % NAV Change) | 0.42% |
Structure
| Physical Assets | Futures contracts |
| Structure | ETP |
| Domicile | Jersey |
| Replication Method | Physical - Futures Contracts + Cash |
Unscheduled Rebalance Specifications
| Trigger | 10% |
| Start - option (a) | during ETP trading hours, c. 5 minutes after triggered |
| Start - option (b) | immediately after triggered |
| Duration | as determined by the Portfolio Administrator |
Fees
| Annual Management Fee | 2% |
| Funding and Brokerage fees | 0.00% daily |
Tax & Legal
| UK Fund Reporting Status | TBD |
Passported Countries:
Key Services Providers
| Issuer | L S Limited |
| Arranger | Leverage Shares Management Company Limited |
| Trustee | The Law Debenture Trust Corporation p.l.c. |
| Issuing and Paying Agent | Computershare Investor Services (Jersey) Limited |
| Registrar | Computershare Investor Services (Jersey) Limited |
| Portfolio Administrators | Flexinvest Limited |
| Determination Agent | Calculation Agent Services LLC |
| Initial Authorised Participant | Virtu Financial Ireland Limited |
| FCM / Prime Broker and Custodian | Interactive Brokers LLC and/or Hidden Road Partners CIV US LLC |
| Broker Dealer of Record | GWM Limited |