CoinShares International Limited, a leading global investment company specializing in digital assets, has announced the expansion of its Swedish XBT Provider Platform with the launch of seven new physically-backed crypto Exchange Traded Products (ETPs). This move leverages CoinShares' established Swedish platform to offer investors cost-effective access to a broader range of digital assets, including staking rewards for proof-of-stake cryptocurrencies.
Key Features of the New ETPs
- Physical Replication: Each ETP holds the underlying cryptocurrencies directly with a regulated custodian.
- Diverse Offerings: Includes tokens like Litecoin, Chainlink, Polkadot, Solana, Cardano, XRP, and Uniswap.
- Competitive Fees: Management fees range from 0.00% to 1.50% p.a., with staking rewards up to 5.0% p.a. for eligible assets.
Product Details
| Name | Management Fees | Staking Reward |
|--------------------------|----------------|----------------|
| CoinShares XBT Litecoin | 1.50% p.a. | N/A |
| CoinShares XBT Chainlink | 1.50% p.a. | N/A |
| CoinShares XBT Polkadot | 0.00% p.a. | 5.0% p.a. |
| CoinShares XBT Solana | 0.00% p.a. | 3.0% p.a. |
| CoinShares XBT Cardano | 0.00% p.a. | 2.0% p.a. |
| CoinShares XBT XRP | 1.50% p.a. | N/A |
| CoinShares XBT Uniswap | 1.50% p.a. | N/A |
Executive Insights
Jean-Marie Mognetti, CEO of CoinShares, highlighted the platform’s legacy and reliability, stating: "This expansion enables Swedish investors to access an extended range of tokens through a pioneering crypto ETP platform, reinforcing our commitment to bridging the adoption gap in Sweden."
Adam Kostyál, President of Nasdaq Stockholm, added: "A broader range of locally listed ETPs provides investors with transparent, cost-effective opportunities, meeting growing demand."
About CoinShares
Headquartered in Jersey, CoinShares is a globally regulated digital asset manager with over $6 billion in AUM. It operates across investment management, trading, and securities, serving institutions and individuals.
👉 Explore CoinShares’ full portfolio for institutional-grade digital asset solutions.
FAQs
1. What is the XBT Provider Platform?
A Swedish-based platform offering physically-backed crypto ETPs, acquired by CoinShares in 2016.
2. How do staking rewards work?
Proof-of-stake cryptocurrencies like Polkadot and Solana generate rewards distributed to investors, offsetting management fees.
3. Are these ETPs available internationally?
Currently listed on Nasdaq Stockholm (SEK-denominated), targeting Swedish investors.
👉 Learn more about staking rewards and their impact on investment returns.
For inquiries, contact [email protected].