STOCKHOLM, Sweden, 31 March 2021 — XBT Supplier AB (Publ) (“XBT Supplier”) a part of the CoinShares Group, needs to announce the Settlement Quantities for Litecoin Tracker One, Litecoin Tracker Euro, XRP Tracker One, XRP Tracker Euro, as calculated by the Issuer’s Calculation Agent on the Last Fixing Date (i.e. Wednesday, 31 March 2021) at 16:25 BST, within the regular, clear method.
The Settlement Quantity for every Certificates is displayed beneath. Extra particulars on the calculation methodology may be discovered beneath:
- A mean between the costs of the related underlying cryptocurrency (i.e. LTC/USD for Litecoin Trackers and XRP/USD for XRP Trackers) on the first eligible exchanges(1) at 16:25 BST is calculated
- The typical value is then multiplied by the related FX price
- The price is subtracted from the transformed common value
- The ultimate final result is multiplied by the related divisor, as displayed on every product’s factsheet(2)
|SE0011414465||Litecoin Tracker One||SEK 82.59|
|SE0011414457||Litecoin Tracker Euro||EUR 80.64|
|SE0011414481||XRP Tracker One||SEK 23.32|
|SE0011414473||XRP Tracker Euro||EUR 22.77|
(1) Main eligible exchanges for Litecoin Tracker One and Litecoin Tracker Euro: Bitfinex, Bitstamp, Gemini. Main eligible exchanges for XRP Tracker One and XRP Tracker Euro: Bitfinex, Bitstamp, Kraken.
(2) 0.05 for Litecoin Tracker One, 0.5 for Litecoin Tracker Euro, 5 for XRP Tracker One, 50 for XRP Tracker Euro
How will I obtain my funds? Can I obtain digital foreign money?
Funds will probably be settled through Euroclear Sweden, which can distribute the funds onto Certificates Holders through their brokers. The Issuer will solely distribute money in Euro or Swedish Kroner. No digital foreign money or tokens will probably be distributed upon expiration. The Holders of the Certificates will obtain the funds within the foreign money the product they maintain is denominated in:
- Holders of Litecoin Tracker One and XRP Tracker One will obtain SEK.
- Holders of Litecoin Tracker Euro and XRP Tracker Euro will obtain EUR.
When will I obtain my funds?
Funds will solely be made to Certificates Holders who’re named within the register when the product closes on the Last Fixing Date (Wednesday, 31 March 2021). The Issuer expects to make funds to all Registered Holders (i.e. the. massive nominees and custodian accounts that maintain on behalf of particular person holders) on or round Friday, 9 April 2021.
For those who maintain the Certificates by way of a dealer or different nominee, it might take longer for the cost to seek out its approach to your account. Please contact your financial institution or dealer for data on how they’ll cross on the funds to you and the way lengthy they anticipate it to take. Additionally it is doable that your dealer or financial institution could cost charges. We’d suggest talking with them upfront relating to anticipated timelines and potential charges.
About XBT Supplier
XBT Supplier AB (Publ) (XBT Supplier), a CoinShares firm, 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), sequence of certificates (collectively, the “Certificates”) that are designed to synthetically monitor the efficiency of the value of the related underlying crypto-asset, bitcoin, ether, litecoin or XRP (in Swedish Kronor or Euro, respectively), much less a price part.
In 2015, Bitcoin Tracker One turned the primary bitcoin-referenced safety out there on a regulated alternate when it listed on Nasdaq Stockholm. In 2017, Ether Tracker One turned the primary ether-referenced safety out there on a regulated alternate when it listed on Nasdaq Stockholm. In 2019, Litecoin Tracker One and XRP Tracker One turned, respectively, the primary litecoin-referenced and XRP-referenced securities out there on a regulated alternate within the EU once they listed on the Nordic Development Market. The Certificates can be found and traded in the identical method as another share or instrument listed on their respective exchanges.
XBT Supplier’s Prospectus is permitted by the Swedish Monetary Supervisory Authority (Sw. Finansinspektionen) and the Certificates are ruled by Swedish legislation. XBT Supplier isn’t a licensed monetary advisor. The views offered on this launch are the opinions of the Board of XBT Supplier and no different get together. Bitcoin, ether, litecoin and XRP are unstable belongings and their costs (and the value of securities which are referenced to them) can transfer rapidly, positively or negatively. Potential traders within the Certificates ought to fastidiously contemplate the suitability of such an funding and whether or not they have ample monetary sources so as to have the ability to bear the dangers related therewith and, in reference to such a willpower, ought to fastidiously learn XBT Supplier’s newest Prospectus (together with, specifically, the danger warnings set out therein). The Certificates don’t confer on the holders thereof any declare to or towards the related underlying crypto-asset to which they’re referenced. The worth and any cost due underneath the Certificates will probably be affected by the alternate price between the US Greenback and the Euro or, because the case could also be, between the US Greenback and the Swedish Krona. Any returns upon the Certificates is not going to be the identical because the returns which a direct funding of an equal sum within the related underlying crypto-asset might produce. The Certificates are non-equity linked, non-principal protected, unsecured and unsubordinated and don’t bear curiosity.
For extra data on XBT Supplier, go to: https://coinshares.com/etps/xbt-provider
Concerning the CoinShares Group
At CoinShares, our mission is to broaden entry to the digital asset ecosystem whereas serving as trusted companions for our shoppers. We consider that Bitcoin and blockchain networks are landmark improvements that may basically reshape the worldwide monetary system, and that traders ought to be capable to take part on this transformation. We obtain this mission by offering institutional-grade investments services for digital asset traders. The CoinShares Group is a pioneer in digital asset investing with billions in belongings underneath administration on behalf of a world investor base, with workplaces in Jersey, Stockholm, London, and New York.
For extra data on CoinShares, go to: https://coinshares.com/
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SOURCE CoinShares Group