21shares Bitcoin ETP

Across the nine top portfolios, 2BTC almost always sits alongside a core of global equity ETFs, most frequently SPYI, GERD, and VGWD, with typical equity weights between 74% and 95%. Precious metals, especially gold funds like GOLD or PPFB, appear in roughly half the portfolios at 5% to 25%, while bonds (EXHA, EUNT, IUS6, EFRN) show up in the more conservative variants at 2% to 6% each. The Bitcoin allocation itself is usually small, ranging from 2% to 5%, with only one aggressive portfolio using 20%. In terms of risk and return, these portfolios achieve Sharpe ratios from 0.88 to 1.61 with volatilities between 10% and 17.5%, suggesting 2BTC acts as a return enhancer that adds modest volatility without destabilizing the overall risk profile, especially when paired with defensive assets like gold and bonds.

The patterns reveal that EuroFolio members treat 2BTC as a tactical satellite rather than a core holding. User-0piyh2, who created five of the nine portfolios, consistently allocates only 2% to 5% to 2BTC while leaning on SPYI and GERD for equity exposure, and in his "simpel mit btc und smh" variants he adds bonds and gold to keep drawdowns near 16%. User-r3xwsa's "My Accelerated Weird Portfolio" uses 5% 2BTC alongside 50% IQQ0 and 25% GOLD, achieving the lowest max drawdown at 11.8% over 6.3 years. The outlier is user-ucdktg's "Bandymas," which puts 20% in 2BTC with 80% US tech equities, producing a much higher 26.5% annual return but also a 25.2% drawdown. Overall, the community favors 2BTC as a small, diversifying bet that can lift returns by one to three percentage points annually while keeping allocations low enough to preserve the defensive character of the broader portfolio.