BRRR CoinShares Bitcoin ETF

Spot Bitcoin ETF · by CoinShares · Bitcoin ETF flows · fee 0.25% · NASDAQ

BRRR reported no net flow on Fri 30 Oct. All Bitcoin ETFs: −$643.3M.

Share price$21.55−2.62% · −$0.58last trade Fri 30 Oct 22:00 UTC

Net flow, last day0Fri 30 Oct · T+1

Cumulative net flow+$330.6Msince 11 Jan 2024

Avg entry vs close+21.3%avg entry $64,085 · BTC $77,750

Net assets$437.4M

Day volume94Kshares, last session

Clients' P&L in BRRR

In profit

On average, BRRR clients bought BTC at $64,085. At the 30 Oct 2026 close of $77,750 they are in profit: +$91.9M (+21.3%) on paper.

Unrealised P&L+$91.9M+21.3%avg entry $64,085BTC close $77,750

Avg entry · break-even: $64,085
BTC close: $77,750
Invested: $430.8M
Current value: $522.7M
BTC in the fund: 6,723

Avg entry vs BTC price

Daily · US$ · as of 30 Oct 2026

BTC priceAvg entryClients in profitUnder water

$60K$80K$100K

$77,750$64,085Oct 25Jan 26May 26Jul 26Oct 26

Avg entry is our estimate from daily creations and redemptions × the coin price that day · unrealised · not an issuer reportIn profit on 319 of 365 days

ETF cost basis

BRRR price and net flow

Daily close · price history since 17 Jun 2024 · Net flow: daily creations and redemptions, US$ m

Share price: exchange close · flow: T+1Share price +18.8% over the period

Fund facts

Price · 1D / 7D / 30D: $21.55 −2.62% / −5.77% / −8.57%
Day volume: 94K shares
Expense ratio: 0.25% What 0.25% costs per year
Launched: 11 Jan 2024
13F holders: 17 · Jun 30, 2026
Custodian: Coinbase Custody Trust Company, LLC
Exchange: NASDAQ
Price history since: 17 Jun 2024

52-Week RangeNow $21.55 (35% of range)

52-week low $16.37Average price $21.8752-week high $31.36

SEC filings ↗

Staking

Staking in all crypto ETFs

Bitcoin cannot be staked, so BRRR holds coins without staking rewards.

Coins held: 5,720 BTCreported
Share of ETF coins: 0.4%
Issuer's fee revenue: $1.1M a year$3.0K a day at current assets

BRRR net flow by day

Last 20 trading days, US$ m · share = BRRR’s part of all Bitcoin ETF flow when both move the same way

Date	Net flow	Share of BTC ETFs	All BTC ETFs	Close
Fri 30 Oct	0	—	−$643.3M	$21.55
Thu 29 Oct	0	—	+$17.0M	$22.13
Wed 28 Oct	0	—	+$137.3M	$22.96
Tue 27 Oct	0	—	+$176.0M	$22.74
Mon 26 Oct	0	—	+$110.3M	$22.45
Fri 23 Oct	0	—	−$138.0M	$22.87
Thu 22 Oct	0	—	−$635.5M	$22.90
Wed 21 Oct	+$3.6M	1%	+$528.4M	$23.80
Tue 20 Oct	0	—	+$23.2M	$23.23
Mon 19 Oct	0	—	+$526.6M	$23.04
Fri 16 Oct	0	—	−$82.4M	$22.97
Thu 15 Oct	0	—	+$5.0M	$23.15
Wed 14 Oct	0	—	−$261.4M	$23.00
Tue 13 Oct	0	—	+$175.7M	$23.44
Mon 12 Oct	0	—	−$65.4M	$23.32
Fri 9 Oct	0	—	+$21.1M	$23.18
Thu 8 Oct	0	—	−$244.2M	$23.00
Wed 7 Oct	−$2.2M	0%	−$487.1M	$23.50
Tue 6 Oct	0	—	+$118.9M	$24.12
Mon 5 Oct	0	—	−$89.9M	$24.16

Streaks and records

descriptive, not a signal

Largest inflow, all time: +$43.4M · 11 Mar 2024
Largest outflow, all time: −$74.8M · 25 Feb 2025
Inflow days in 2026: 10 of 209
Best month: +$315.4M · Mar 2024
Worst month: −$130.7M · Feb 2025

All records · 30D / 90D / 1Y

Window	Largest inflow	Largest outflow
Last 30 trading days	+$3.6M21 Oct 2026	−$2.2M7 Oct 2026
Last 90 trading days	+$3.6M21 Oct 2026	−$2.2M7 Oct 2026
Last 12 months	+$11.6M3 Mar 2026	−$4.1M10 Mar 2026

Trading days only. A day where a fund has not reported is skipped, not counted as zero.

“—” in Share: BRRR moved against the market, or more than the market totalAll days on Bitcoin ETF flows ›

Who holds BRRR: institutional holders from 13F

17 institutions reported holding BRRR on June 30, 2026, with $324M at quarter-end prices (19.6M shares). The largest holder was Marex (market maker) with $300M; the top 10 held 100% of the reported value. By value, market makers held 96.7% and asset managers 1.1%.

13F filings for the quarter ended Jun 30, 2026 · next update after Nov 14, 2026 · What is a 13F?

Institutions holding17+1 vs Q1 26

Reported value$324Mat Jun 30 prices

Shares reported19.6M≈94% of the fund

Net change in shares+48K+0.2% vs Q1 26 · +$800K at Jun 30 prices

BRRR holders by type

Holder mix by value · our classificationshare of the $324M

Market maker 96.7%
Hedge fund 0.4%
Asset manager 1.1%
Wealth adviser 0.2%
Other managers 1.5%

Top 10 BRRR holders on Jun 30, 2026

Top 10 BRRR holders on Jun 30, 2026
#	Holder	Type · our classification	Value	Shares	Change in shares, q/q	Holding since
1	MarexLondon · Market maker	Market maker	$300M	18.1M	+1.2M +7%	Q3 25
2	Jane StreetNew York · Market maker	Market maker	$8.9M	535K	+0.38M +244%	Q1 26
3	Susquehanna InternationalBala Cynwyd · Market maker	Market maker	$4.0M	241K	−1.6M −87%	Q1 25
4	Meitav Investment HouseBene-Beraq · Asset manager	Asset manager	$3.7M	221K	+54K +32%	Q1 25
5	CPR InvestmentsRochester · Other managers	Other managers	$2.6M	159K	+14K +10%	Q4 24
6	Farringdon CapitalLondon · Other managers	Other managers	$1.2M	73K	+10K +15%	Q4 24
7	Quadrature CapitalLondon · Hedge fund	Hedge fund	$1.0M	62K	+62K new	Q2 26
8	Migdal Insurance & FinancialPetach Tikva · Other managers	Other managers	$700K	38K	unchanged	Q3 25
9	Cambridge Investment Research AdvisorsFairfield · Wealth adviser	Wealth adviser	$700K	45K	+30K +211%	Q2 24
10	Harel Insurance Investments & Financial ServicesRamat Gan · Other managers	Other managers	$300K	20K	unchanged	Q2 25

Top 10 of 17 · sorted by value · type is our classificationAll 17 BRRR holders

Institutions in Bitcoin ETFs ›Institutional holders of all crypto ETFs ›

Long positions on the last day of the quarter, as filed by managers over $100M. Shorts, futures and retail investors are not in 13F. Changes are in shares, so the coin price does not move them.

Other spot Bitcoin ETFs

BRRR is one of several US-listed spot Bitcoin ETFs. Compare it with the other funds tracking Bitcoin:

All 12 on Bitcoin ETF flows ›

Fund	Issuer	Flow · Fri 30 Oct	Cumulative	Fee	Price	1D
IBITiShares Bitcoin Trust	BlackRock	−$233.7M	+$66.31B	0.25%	$43.68	−0.68%
FBTCFidelity Wise Origin Bitcoin	Fidelity	−$201.0M	+$10.18B	0.25%	$67.14	−0.81%
BTCGrayscale Bitcoin Mini Trust	Grayscale	0	+$2.94B	0.15%	$34.13	−0.79%
BITBBitwise Bitcoin ETF	Bitwise	−$25.7M	+$2.01B	0.20%	$41.94	−0.87%
HODLVanEck Bitcoin Trust	VanEck	0	+$1.01B	0.20%	$21.93	−0.33%
ARKBARK 21Shares Bitcoin	21Shares	−$129.5M	+$969.7M	0.21%	$25.50	−1.01%
MSBTMorgan Stanley Bitcoin Trust	Morgan Stanley	0	+$779.8M	0.14%	$22.10	−1.55%
EZBCFranklin Bitcoin ETF	Franklin Templeton	0	+$335.4M	0.19%	$44.26	−5.06%
BRRRCoinShares Bitcoin ETFthis fund	CoinShares	0	+$330.6M	0.25%	$21.55	−2.62%
BTCOInvesco Galaxy Bitcoin	Invesco	0	+$135.5M	0.25%	$75.88	−5.50%
BTCWWisdomTree Bitcoin Fund	WisdomTree	0	+$74.0M	0.25%	$81.12	−4.89%
GBTCGrayscale Bitcoin Trust	Grayscale	−$53.3M	−$28.05B	1.50%	$59.50	−1.83%

CoinShares at the SEC

BRRR went from first filing to trading in 1,084 days. CoinShares has one crypto ETF trading, none waiting, 3 withdrawn.

All CoinShares filings ›

BRRR’s path to listing

First filing22 Jan 2021
8 amendments
Effective10 Jan 2024
Trading on Nasdaq11 Jan 2024

1084 days at the SEC

Filing history

No other CoinShares crypto ETFs are waiting for SEC approval right now.

Open the filings tracker

About CoinShares Bitcoin ETF (BRRR)

What the data says

BRRR is one of the smaller Bitcoin ETFs: $330.6M of net inflow since 11 Jan 2024, 9th of 12 by money brought in. For scale, IBIT has drawn $66.31B, about 201 times as much. By money brought in it sits between EZBC (+$335.4M) and BTCO (+$135.5M). CoinShares reports net assets of $437.4M, 0% of the Bitcoin ETF total and the 10th largest of 12 by size.

At 0.25%, BRRR costs more than the median Bitcoin ETF (0.23%) and ranks 7th of 12 from the cheapest. On $10,000 that is $25 a year; at 0.14%, MSBT costs $14.

On most trading days nothing moves: BRRR had no creations or redemptions on 586 of 704 days in our record since 11 Jan 2024. The largest day with money coming in was $43.4M on 11 Mar 2024. Its best calendar month was Mar 2024 ($315.4M in); its worst, Feb 2025 ($130.7M out).

In the last 30 trading days to 30 Oct 2026 it took in $1.4M, 5th of 12 Bitcoin ETFs over that stretch; the whole Bitcoin group took in $1.82B.

BRRR holders are comfortably ahead: on average they bought BTC at $64,085, and at the 30 Oct 2026 close of $77,750 that is +21.3% (+$91.9M) on paper. No other Bitcoin ETF in our estimate has a lower average entry.

Figures as of 30 Oct 2026 (flows, T+1); holders' average entry at the 30 Oct 2026 close. Not investment advice.

BRRR ETF — FAQ

When did BRRR start trading?

BRRR began trading as an ETF on 11 Jan 2024 on NASDAQ.

Is BRRR cheaper than other Bitcoin ETFs?

No. BRRR charges 0.25% a year. Across 12 Bitcoin ETFs the fee runs from 0.14% to 1.50%, with a median of 0.23%; BRRR is 7th from the cheapest.

How much has flowed into BRRR since launch?

Net inflow of $330.6M from 11 Jan 2024 to 30 Oct 2026, 9th of 12 Bitcoin ETFs by money brought in. Net flow is the dollar value of shares created minus shares redeemed.

Are BRRR holders in profit?

Yes, on paper. Our estimate of their average entry is $64,085 per BTC; the 30 Oct 2026 close was $77,750, a result of +21.3% (+$91.9M). The estimate comes from daily creations and redemptions valued at that day's coin price, not from an issuer report.

What was the biggest day for BRRR?

The largest net inflow was $43.4M on 11 Mar 2024. The largest net outflow was $74.8M on 25 Feb 2025. Counted over 704 trading days through 30 Oct 2026.

Who owns the most BRRR?

CoinShares issues BRRR; the shares are owned by investors. Among institutions filing Form 13F, the largest BRRR holder on June 30, 2026 was Marex with 18.1M shares worth $300M, followed by Jane Street ($8.9M) and Susquehanna International ($4.0M). In total 17 institutions reported BRRR, worth $324M.

Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.