diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5ac82c466ade7..d2786d2e60296 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -484,6 +484,22 @@ else()
   unset(c_flags_debug_overridden)
 endif()
 
+set(CMAKE_CXX_FLAGS_COVERAGE "-Og --coverage -fprofile-update=prefer-atomic")
+set(CMAKE_OBJCXX_FLAGS_COVERAGE "-Og --coverage -fprofile-update=prefer-atomic")
+set(CMAKE_EXE_LINKER_FLAGS_COVERAGE "--coverage")
+set(CMAKE_SHARED_LINKER_FLAGS_COVERAGE "--coverage")
+get_property(is_multi_config GLOBAL PROPERTY GENERATOR_IS_MULTI_CONFIG)
+if(is_multi_config)
+  if(NOT "Coverage" IN_LIST CMAKE_CONFIGURATION_TYPES)
+    list(APPEND CMAKE_CONFIGURATION_TYPES Coverage)
+  endif()
+endif()
+
+configure_file(cmake/script/Coverage.cmake Coverage.cmake COPYONLY)
+configure_file(cmake/script/CoverageFuzz.cmake CoverageFuzz.cmake COPYONLY)
+configure_file(cmake/script/CoverageInclude.cmake.in CoverageInclude.cmake @ONLY)
+configure_file(contrib/filter-lcov.py filter-lcov.py COPYONLY)
+
 include(cmake/optional.cmake)
 
 # Don't allow extended (non-ASCII) symbols in identifiers. This is easier for code review.
diff --git a/cmake/cov_tool_wrapper.sh.in b/cmake/cov_tool_wrapper.sh.in
new file mode 100644
index 0000000000000..f6b7ff3419ffd
--- /dev/null
+++ b/cmake/cov_tool_wrapper.sh.in
@@ -0,0 +1,5 @@
+# Copyright (c) 2024-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+exec @COV_TOOL@ "$@"
diff --git a/cmake/script/Coverage.cmake b/cmake/script/Coverage.cmake
new file mode 100644
index 0000000000000..0df2e0b734d81
--- /dev/null
+++ b/cmake/script/Coverage.cmake
@@ -0,0 +1,77 @@
+# Copyright (c) 2024-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+include(${CMAKE_CURRENT_LIST_DIR}/CoverageInclude.cmake)
+
+set(functional_test_runner test/functional/test_runner.py)
+if(EXTENDED_FUNCTIONAL_TESTS)
+  list(APPEND functional_test_runner --extended)
+endif()
+if(DEFINED JOBS)
+  list(APPEND CMAKE_CTEST_COMMAND -j ${JOBS})
+  list(APPEND functional_test_runner -j ${JOBS})
+endif()
+
+execute_process(
+  COMMAND ${CMAKE_CTEST_COMMAND} --build-config Coverage
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+  COMMAND_ERROR_IS_FATAL ANY
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --capture --directory src --test-name test_bitcoin --output-file test_bitcoin.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --zerocounters --directory src
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_FILTER_COMMAND} test_bitcoin.info test_bitcoin_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile test_bitcoin_filtered.info --output-file test_bitcoin_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile baseline_filtered.info --add-tracefile test_bitcoin_filtered.info --output-file test_bitcoin_coverage.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${GENHTML_COMMAND} test_bitcoin_coverage.info --output-directory test_bitcoin.coverage
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+
+execute_process(
+  COMMAND ${functional_test_runner}
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+  COMMAND_ERROR_IS_FATAL ANY
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --capture --directory src --test-name functional-tests --output-file functional_test.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --zerocounters --directory src
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_FILTER_COMMAND} functional_test.info functional_test_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile functional_test_filtered.info --output-file functional_test_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile baseline_filtered.info --add-tracefile test_bitcoin_filtered.info --add-tracefile functional_test_filtered.info --output-file total_coverage.info
+  COMMAND ${GREP_EXECUTABLE} "%"
+  COMMAND ${AWK_EXECUTABLE} "{ print substr($3,2,50) \"/\" $5 }"
+  OUTPUT_FILE coverage_percent.txt
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${GENHTML_COMMAND} total_coverage.info --output-directory total.coverage
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
diff --git a/cmake/script/CoverageFuzz.cmake b/cmake/script/CoverageFuzz.cmake
new file mode 100644
index 0000000000000..2626ea0cb5dec
--- /dev/null
+++ b/cmake/script/CoverageFuzz.cmake
@@ -0,0 +1,42 @@
+# Copyright (c) 2024-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+include(${CMAKE_CURRENT_LIST_DIR}/CoverageInclude.cmake)
+
+if(NOT DEFINED FUZZ_SEED_CORPUS_DIR)
+  set(FUZZ_SEED_CORPUS_DIR ${CMAKE_CURRENT_SOURCE_DIR}/qa-assets/fuzz_seed_corpus)
+endif()
+
+execute_process(
+  COMMAND test/fuzz/test_runner.py ${FUZZ_SEED_CORPUS_DIR} --loglevel DEBUG
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+  COMMAND_ERROR_IS_FATAL ANY
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --capture --directory src --test-name fuzz-tests --output-file fuzz.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --zerocounters --directory src
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_FILTER_COMMAND} fuzz.info fuzz_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile fuzz_filtered.info --output-file fuzz_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile baseline_filtered.info --add-tracefile fuzz_filtered.info --output-file fuzz_coverage.info
+  COMMAND ${GREP_EXECUTABLE} "%"
+  COMMAND ${AWK_EXECUTABLE} "{ print substr($3,2,50) \"/\" $5 }"
+  OUTPUT_FILE coverage_percent.txt
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${GENHTML_COMMAND} fuzz_coverage.info --output-directory fuzz.coverage
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
diff --git a/cmake/script/CoverageInclude.cmake.in b/cmake/script/CoverageInclude.cmake.in
new file mode 100644
index 0000000000000..7a8bf2f0af2d3
--- /dev/null
+++ b/cmake/script/CoverageInclude.cmake.in
@@ -0,0 +1,56 @@
+# Copyright (c) 2024-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+if("@CMAKE_CXX_COMPILER_ID@" STREQUAL "Clang")
+  find_program(LLVM_COV_EXECUTABLE llvm-cov REQUIRED)
+  set(COV_TOOL "${LLVM_COV_EXECUTABLE} gcov")
+else()
+  find_program(GCOV_EXECUTABLE gcov REQUIRED)
+  set(COV_TOOL "${GCOV_EXECUTABLE}")
+endif()
+
+# COV_TOOL is used to replace a placeholder.
+configure_file(
+  cmake/cov_tool_wrapper.sh.in ${CMAKE_CURRENT_LIST_DIR}/cov_tool_wrapper.sh
+  FILE_PERMISSIONS OWNER_READ OWNER_EXECUTE
+                   GROUP_READ GROUP_EXECUTE
+                   WORLD_READ
+  @ONLY
+)
+
+find_program(LCOV_EXECUTABLE lcov REQUIRED)
+separate_arguments(LCOV_OPTS)
+set(LCOV_COMMAND ${LCOV_EXECUTABLE} --gcov-tool ${CMAKE_CURRENT_LIST_DIR}/cov_tool_wrapper.sh ${LCOV_OPTS})
+
+find_program(GENHTML_EXECUTABLE genhtml REQUIRED)
+set(GENHTML_COMMAND ${GENHTML_EXECUTABLE} --show-details ${LCOV_OPTS})
+
+find_program(GREP_EXECUTABLE grep REQUIRED)
+find_program(AWK_EXECUTABLE awk REQUIRED)
+
+set(LCOV_FILTER_COMMAND ./filter-lcov.py)
+list(APPEND LCOV_FILTER_COMMAND -p "/usr/local/")
+list(APPEND LCOV_FILTER_COMMAND -p "/usr/include/")
+list(APPEND LCOV_FILTER_COMMAND -p "/usr/lib/")
+list(APPEND LCOV_FILTER_COMMAND -p "/usr/lib64/")
+list(APPEND LCOV_FILTER_COMMAND -p "src/leveldb/")
+list(APPEND LCOV_FILTER_COMMAND -p "src/crc32c/")
+list(APPEND LCOV_FILTER_COMMAND -p "src/bench/")
+list(APPEND LCOV_FILTER_COMMAND -p "src/crypto/ctaes")
+list(APPEND LCOV_FILTER_COMMAND -p "src/minisketch")
+list(APPEND LCOV_FILTER_COMMAND -p "src/secp256k1")
+list(APPEND LCOV_FILTER_COMMAND -p "depends")
+
+execute_process(
+  COMMAND ${LCOV_COMMAND} --capture --initial --directory src --output-file baseline.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_FILTER_COMMAND} baseline.info baseline_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
+execute_process(
+  COMMAND ${LCOV_COMMAND} --add-tracefile baseline_filtered.info --output-file baseline_filtered.info
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+)
diff --git a/doc/developer-notes.md b/doc/developer-notes.md
index 13157bd864cb2..fa2b9e60262a9 100644
--- a/doc/developer-notes.md
+++ b/doc/developer-notes.md
@@ -481,22 +481,35 @@ $ ./test/functional/test_runner.py --valgrind
 
 ### Compiling for test coverage
 
-LCOV can be used to generate a test coverage report based upon `make check`
+LCOV can be used to generate a test coverage report based upon `ctest`
 execution. LCOV must be installed on your system (e.g. the `lcov` package
 on Debian/Ubuntu).
 
 To enable LCOV report generation during test runs:
 
 ```shell
-./configure --enable-lcov
-make
-make cov
+cmake -B build -DCMAKE_BUILD_TYPE=Coverage
+cmake --build build
+cmake -P build/Coverage.cmake
 
-# A coverage report will now be accessible at `./test_bitcoin.coverage/index.html`,
-# which covers unit tests, and `./total.coverage/index.html`, which covers
+# A coverage report will now be accessible at `./build/test_bitcoin.coverage/index.html`,
+# which covers unit tests, and `./build/total.coverage/index.html`, which covers
 # unit and functional tests.
 ```
 
+To enable test parallelism:
+```
+cmake -DJOBS=$(nproc) -P build/Coverage.cmake
+```
+
+Additional LCOV options can be specified using `LCOV_OPTS`, but may be dependant
+on the version of LCOV. For example, when using LCOV `2.x`, branch coverage can be
+enabled by setting `LCOV_OPTS="--rc branch_coverage=1"`:
+
+```
+cmake -DLCOV_OPTS="--rc branch_coverage=1" -P build/Coverage.cmake
+```
+
 ### Performance profiling with perf
 
 Profiling is a good way to get a precise idea of where time is being spent in