Ether Tracker One

D/D: -9.78%
YTD: 177.31%
AUM: 394,031,043.39 USD

Ether Tracker One

-9.78%
YTD: 177.31%
AUM: 394,031,043.39 USD

AUM as of 2021-06-22

Key Product Facts

  • Ether is a form of digital currency, created and held electronically.
  • In 2017, Ether Tracker One became the first publicly traded, ether-based security available on a regulated exchange when it listed on NASDAQ in Stockholm.
  • The certificates provide exposure to the performance of the digital currency ether by synthetically tracking performance of the price of ether (ETH/USD) less a fee.
  • The ETH/USD market is the most liquid ether market widely available for trading, we regard it as the most suitable underlying index to track in a ether product.
  • The certificates are non-equity linked securities traded in the same manner as any share or instrument listed on Nasdaq exchange in Stockholm.
  • XBT Provider's prospectus is approved by the Swedish FSA (Finansinspektionen).
  • To invest, you need an account, which is obtained through your bank, advisor or online broker.
  • Ether is purchased for money received through the sale of certificates which ensures that the certificates are hedged and structured to follow the price of ether. The certificates are guaranteed by CoinShares (Jersey) Limited.
  • The Certificate is denominated in SEK thus here will be a foreign exchange exposure between USD and the SEK which could impact (+/-) the market value and final return from the certificates.

Key Product Information

OVERVIEW
Name Ether Tracker One
Asset Class Digital Asset
Type Exchange Traded Product (ETP)
Inception Date October 09, 2017
Underlying Asset Ether (ETH/USD)
Base Currency SEK
Leverage 1:1
Minimum Investment 1 Security
Annual Management Fee 2.5%
Expiry Date Open-ended
STRUCTURE
Domicile Sweden
Replication Method Synthetic
Legal Structure Certificate
LEGAL AND TAX
UCITS Eligible Please see footnote 1
UK Reporting Fund Status Yes
UK ISA Eligible Yes
KEY SERVICE PROVIDER
Issuer XBT Provider AB
Issuer Auditor Öhrlings PricewaterhouseCoopers AB
Frequency of Audit Annual
Guarantor CoinShares (Jersey) Limited (formerly known as Global Advisors (Jersey) Limited)
Guarantor Auditor Baker Tilly International Limited
Frequency of Audit Annual
Market Maker Mangold Fondkommission AB
Clearing House Euroclear Sweden AB
Prospectus Approved By Swedish Financial Supervisory Authority (FSA)
LISTING AND CODES
Exchange Nasdaq Stockholm
Country Sweden
Trading Currency SEK
Nasdaq Ticker ETHEREUM XBT
ISIN SE0010296574
WKN A2HD38
Bloomberg Ticker COINETH:SS
Settlement Period T+2
Listing Date 09-10-2017

1 Currently, UCITS eligibility for delta 1 ETPs referencing traditionally "ineligible" assets (such as commodities) varies by jurisdiction. CoinShares has extensive experience with the analysis and approach taken by market participants on UCITS eligibility. While we cannot give legal advice, CoinShares is happy to discuss its experience in this space. If you would like to find out the details from this analysis, please contact us.

Fair Value Calculation

Index Price

$1,855

FX Rate

8.45775

15,693.07 sek

Index Price

15,693 sek

Accrued Fee Since Inception

449.05 sek

15,244.03 sek

Index Price - Fee

15,244 sek

Divisor

0.01

Fair Value

152.44 sek

Last updated 2021-06-25 12:47:45 UTC

*Fair Value is not indicative of current market price; index sources listed in prospectus

Historic Data

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