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 manner.
The Settlement Quantity for every Certificates is displayed under. Extra particulars on the calculation methodology may be discovered under:
- 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 common value is then multiplied by the related FX fee
- The charge is subtracted from the transformed common value
- The ultimate consequence 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) Major eligible exchanges for Litecoin Tracker One and Litecoin Tracker Euro: Bitfinex, Bitstamp, Gemini. Major 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 forex?
Funds shall be settled through Euroclear Sweden, which is able to distribute the funds onto Certificates Holders through their brokers. The Issuer will solely distribute money in Euro or Swedish Kroner. No digital forex or tokens shall be distributed upon expiration. The Holders of the Certificates will obtain the funds within the forex 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. giant nominees and custodian accounts that maintain on behalf of particular person holders) on or round Friday, 9 April 2021.
Should you maintain the Certificates by means of a dealer or different nominee, it could take longer for the fee to seek out its method to your account. Please contact your financial institution or dealer for data on how they are going to move on the funds to you and the way lengthy they anticipate it to take. Additionally it is attainable that your dealer or financial institution might cost charges. We might suggest talking with them upfront concerning 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), collection of certificates (collectively, the “Certificates”) that are designed to synthetically monitor the efficiency of the worth of the related underlying crypto-asset, bitcoin, ether, litecoin or XRP (in Swedish Kronor or Euro, respectively), much less a charge element.
In 2015, Bitcoin Tracker One turned the primary bitcoin-referenced safety obtainable on a regulated change when it listed on Nasdaq Stockholm. In 2017, Ether Tracker One turned the primary ether-referenced safety obtainable on a regulated change 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 obtainable on a regulated change within the EU after 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 authorised by the Swedish Monetary Supervisory Authority (Sw. Finansinspektionen) and the Certificates are ruled by Swedish regulation. XBT Supplier isn’t a licensed monetary advisor. The views introduced on this launch are the opinions of the Board of XBT Supplier and no different celebration. Bitcoin, ether, litecoin and XRP are unstable property and their costs (and the worth of securities which might be referenced to them) can transfer rapidly, positively or negatively. Potential buyers within the Certificates ought to fastidiously contemplate the suitability of such an funding and whether or not they have ample monetary assets 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 in opposition to the related underlying crypto-asset to which they’re referenced. The worth and any fee due underneath the Certificates shall be affected by the change fee 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 won’t 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
In regards to the CoinShares Group
At CoinShares, our mission is to increase 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 can essentially reshape the worldwide monetary system, and that buyers ought to have the ability to take part on this transformation. We obtain this mission by offering institutional-grade investments services for digital asset buyers. The CoinShares Group is a pioneer in digital asset investing with billions in property 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