CoinShares Sets Oct. 26 Deadline for Delivery Elections on Seven ETPs

CoinShares XBT Provider AB will redeem seven Stockholm-listed crypto exchange-traded products Nov. 9, requiring holders who want the underlying crypto delivered to submit a valid notice and complete “Acceptable Delivery” by Monday, Oct. 26.

The products track Litecoin (LTC), XRP, Chainlink (LINK) and Uniswap (UNI), along with staking products tied to Cardano (ADA), Solana (SOL) and Polkadot (DOT). They trade on Nasdaq Stockholm in Swedish kronor (SEK).

Holders seeking delivery must email their notice to ir@xbtprovider.com and complete the required process by the deadline. Oct. 26 is the deadline for the delivery election, not for delivery of the crypto itself. Holders who do not complete the process will receive cash in SEK.

If settled in cash, holders will receive the proceeds remaining after the underlying crypto is sold and applicable deductions are taken. No general redemption fee applies. Holders choosing crypto delivery face a fee of 1% of the applicable Coin Entitlement, and other costs may also be deducted.

Nasdaq Stockholm approved the delisting application Oct. 20. Nov. 4 is the expected last trading day, with delisting expected after the market close; the date is indicative and may change. The scheduled redemption date is Nov. 9; settlement may occur later if reasonably practicable, but must be completed by Nov. 30.

CoinShares XBT Provider AB resolved Aug. 25 to close its XBT Physical ETP program. The separate XBT Note Program will continue after that closure. CoinShares began the Swedish ETP program in April 2025 as a Nordic extension of its European physically backed offerings; the products were denominated in Swedish kronor.

CoinShares XBT Provider AB said its group had decided to “concentrate its altcoin and staking exposure on a single platform.” The redemption notice excludes CoinShares XBT Bitcoin Tracker One, Bitcoin Tracker Euro, Ether Tracker One and Ether Tracker Euro.