XBT Provider AB (Publ) Reminds Investors of Upcoming Expiration of Fixed-term Certificates
February 19 2021 - 12:27PM
XBT Provider AB (Publ) Reminds Investors of Upcoming Expiration of
Fixed-term Certificates
STOCKHOLM, Sweden, 19 February 2020 /PRNewswire/
-- XBT Provider AB (Publ) (“XBT Provider”) part of
the CoinShares Group, Europe's largest crypto asset management firm
with over $4 billion in assets under management, is today reminding
investors of the upcoming expiration of four (4) products from the
XBT Provider range of exchange traded products (ETPs). In
particular, the following products will expire on 9 April
2021, with final pricing date being 31 March 2021 and
final trading date of 29 March 2021.
Name of XBT Provider Product
/ ISIN
Litecoin Tracker One /
SE0011414465
Litecoin Tracker Euro /
SE0011414457
XRP Tracker One / SE0011414481
XRP Tracker Euro / SE0011414473
The XBT Provider line of products offers investors exposure to
cryptocurrency via simple access to financial instruments listed on
traditional, regulated securities exchanges. This suite of exchange
traded products was created in a structure familiar to investors,
allowing them to be bought and sold during trading hours alongside
traditional securities. The expiring products were first of their
kind to be listed in Europe. More information about the
expiration of the products can be found in the Investor
FAQ.
--
About XBT Provider
XBT Provider AB (Publ) (XBT Provider), a CoinShares company, is
the Swedish-domiciled issuer of the Bitcoin Tracker One
(SE0007126024), Bitcoin Tracker Euro (SE0007525332), Ether Tracker
One (SE0010296574), Ether Tracker Euro (SE0010296582), Litecoin
Tracker One (SE0011414465), Litecoin Tracker Euro (SE0011414457),
XRP Tracker One (SE0011414481), XRP Tracker Euro (SE0011414473),
series of certificates (collectively, the "Certificates") which are
designed to synthetically track the performance of the price of the
relevant underlying crypto-asset, bitcoin, ether, litecoin or XRP
(in Swedish Kronor or Euro, respectively), less a fee
component.
In 2015, Bitcoin Tracker One became the first bitcoin-referenced
security available on a regulated exchange when it listed on Nasdaq
Stockholm. In 2017, Ether Tracker One became the first
ether-referenced security available on a regulated exchange when it
listed on Nasdaq Stockholm. In 2019, Litecoin Tracker One and XRP
Tracker One became, respectively, the first litecoin-referenced and
XRP-referenced securities available on a regulated exchange in the
EU when they listed on the Nordic Growth Market. The Certificates
are available and traded in the same manner as any other share or
instrument listed on their respective exchanges.
XBT Provider's Prospectus is approved by the Swedish Financial
Supervisory Authority (Sw. Finansinspektionen) and the Certificates
are governed by Swedish law. XBT Provider is not a licensed
financial advisor. The views presented in this release are the
opinions of the Board of XBT Provider and no other party. Bitcoin,
ether, litecoin and XRP are volatile assets and their prices (and
the price of securities that are referenced to them) can move
quickly, positively or negatively. Prospective investors in the
Certificates should carefully consider the suitability of such an
investment and whether they have sufficient financial resources in
order to be able to bear the risks associated therewith and, in
connection with such a determination, should carefully read XBT
Provider's latest Prospectus (including, in particular, the risk
warnings set out therein). The Certificates do not confer on the
holders thereof any claim to or against the relevant underlying
crypto-asset to which they are referenced. The value and any
payment due under the Certificates will be affected by the exchange
rate between the US Dollar and the Euro or, as the case may be,
between the US Dollar and the Swedish Krona. Any returns upon the
Certificates will not be the same as the returns which a direct
investment of an equivalent sum in the relevant underlying
crypto-asset could produce. The Certificates are non-equity linked,
non-principal protected, unsecured and unsubordinated and do not
bear interest.
For more information on XBT Provider, visit:
https://coinshares.com/etps/xbt-provider
About the CoinShares Group
At CoinShares, our mission is to expand access to the digital
asset ecosystem while serving as trusted partners for our clients.
We believe that Bitcoin and blockchain networks are landmark
innovations that will fundamentally reshape the global financial
system, and that investors should be able to participate in this
transformation. We achieve this mission by providing
institutional-grade investments products and services for digital
asset investors. The CoinShares Group is a pioneer in digital asset
investing with over $4 billion in assets under management on behalf
of a global investor base, with offices in Jersey, Stockholm,
London, and New York.
For more information on CoinShares, visit:
https://coinshares.com/
Media Contact
Jay Morakis
+1 646 859 5951
press@coinshares.com
SOURCE CoinShares Group
XBT Provider AB (AQSE:BIT-S.ST.GB)
Historical Stock Chart
From Jul 2024 to Aug 2024
XBT Provider AB (AQSE:BIT-S.ST.GB)
Historical Stock Chart
From Aug 2023 to Aug 2024