CoinShares XBT Physical Litecoin ETP
A 100% physically-backed ETP providing secure, transparent, and cost-efficient exposure to Litecoin. This ETP is domiciled in Sweden and available in SEK.
Best-in-class
Litecoin ETP
Available in SEK
CoinShares XBT Provider ETPs are available to trade in SEK. With CoinShares XBT Physical Litecoin ETP, access Litecoin exposure right through your favourite investment platform.
100% physical
CoinShares XBT Physical Litecoin ETP is 100% physically backed by Litecoin. For each investment in Litecoin, the very same amount of LTC is transferred to the Issuer and stored with institutional-grade custodians, Komainu and Zodia.
Crypto in your savings account
CoinShares XBT Provider ETPs are eligible in ISK on Avanza, allowing you to gain Litecoin exposure with the advantages of Sweden's investment savings account.
Fully transparent
CoinShares XBT Physical ETPs' reserves, verified by The Network Firm, are publicly available. Using the LedgerLens tool, investors can ensure products are always backed by the appropriate amount of underlying digital asset(s).
Key Information
Data as of -CoinShares XBT Physical Litecoin ETP Performance
Key risks
Investor's capital is at risk and investors may lose part or all of their investment. Crypto ETPs are complex products that can be difficult to understand. These figures refer to the past and past performance is not a reliable indicator of future returns.
Trading Information
Structure
Key service providers
Legal & tax
People Also Ask
FAQHow safe is Litecoin?
Litecoin operates on a decentralised blockchain, similar to Bitcoin, which enhances security through its distributed nature. However, like any investment, it's essential to be aware of potential risks and to exercise caution.
Litecoin guideWhat does Litecoin do?
Litecoin is a peer-to-peer cryptocurrency that enables near-zero cost payments globally. It's designed to be faster and more scalable than Bitcoin, with a focus on facilitating everyday transactions.
Who is behind Litecoin?
Litecoin was created by Charlie Lee, a former Google employee and software engineer. Lee remains involved in the development and promotion of Litecoin, but the project operates as a decentralised network.
Is CoinShares XBT Physical Litecoin compatible with ISK?
Yes, CoinShares XBT Physical Litecoin is compatible with ISK (investeringssparkonto). Investors can include it in their investment portfolio within an ISK to potentially benefit from tax advantages associated with this type of account.
Read more