Ethereum
Base
GnosisbCSPX tracks the iShares Core S&P 500 UCITS ETF (accumulating), issued as a Swiss-law tracker certificate collateralized 1:1 by the underlying ETF. It is the largest tokenized equity-index product, transferable on-chain between non-US persons without per-transfer whitelisting.
The S&P 500, as a freely transferable on-chain certificate.
Prism analyst note
bCSPX is the cleanest route to holding the S&P 500 inside a wallet: full 1:1 ETF collateral, Swiss certificate law, and open transferability that lets it plug into DeFi money markets as collateral. Tracking is tight; the main spread risk appears during US market closures when on-chain price discovery leads the stale NAV. Equity market risk applies in full.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
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Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Ethereum and confirmed the symbol, decimals, and supply the issuer publishes.
- Source
- Backed Finance
- Last verified
- Jan 10, 2026
- Token contract
- 0x1e2C…1D59
- Custody
- Regulated custodians holding underlying ETF 1:1
Structure & compliance
Documents & disclosures
Frequently asked
What happens when US markets are closed?+
The token trades 24/7; market makers price in expected moves, so small premiums/discounts to the last ETF NAV can appear until markets reopen.