Ether Tracker One
Ether Tracker One
AUM as of 2020-10-22
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 bitcoin.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
$413
FX Rate
8.77673
3,620.93 sek
Index Price
3,621 sek
Accrued Fee Since Inception
216.37 sek
3,404.56 sek
Index Price - Fee
3,405 sek
Divisor
0.01
Fair Value
34.05 sek
Last updated 2020-10-23 08:02:19 UTC
*Fair Value is not indicative of current market price; index sources listed in prospectus
Historic Data
Product News
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