CoinShares announces approval of liquidation of the CoinShares Altcoins ETF and the CoinShares Bitcoin and Ether ETF

New York, NY – (BUSINESS WIRE) – September 18, 2026 – CoinShares Asset Management (US) LLC ("CoinShares Asset Management (US)") announced today approval of the liquidation of the CoinShares Altcoins ETF (NASDAQ: DIME) and the CoinShares Bitcoin and Ether ETF (NASDAQ: BTF), each a series of CoinShares ETF Trust (each a "Fund" and together, the "Funds").

Based upon the recommendation of CoinShares Asset Management (US) LLC, the investment advisor of the Funds, the Board of Trustees of CoinShares ETF Trust determined that it was in the best interest of the Funds to liquidate. Accordingly, the Board of Trustees approved the liquidation of the Funds pursuant to a plan of liquidation and termination.

Shareholders may sell their holdings in the Funds prior to the end of the trading day on October 20, 2026. Customary brokerage charges may apply to these transactions. The last day the Funds will accept creation and redemption orders is October 20, 2026, and the Funds' shares will subsequently be de-listed. The Funds will liquidate on or around October 21, 2026. Any person holding shares in a Fund as of the applicable liquidation date will receive a cash redemption amount equal to the net asset value of such shares after the Fund has discharged and/or made reasonable provisions for the payment of all of its charges, taxes, expenses and liabilities. Shareholders generally will recognize a capital gain or loss on any redemption.

To prepare for the termination and liquidation of the Funds, the Funds' portfolio managers may increase the Funds' assets held in cash and similar instruments. As a result, on or around October 20, 2026, the Funds are expected to deviate from their stated investment strategies and policies and will no longer be managed to meet their investment objectives.

DIME is an actively-managed, equally-weighted ETF that seeks to track a diversified index of select Altcoins. DIME seeks to achieve its investment objective by investing in publicly listed Altcoin ETPs available on specified public equity markets.

BTF is an actively managed ETF listed on Nasdaq whose primary objective is to invest in bitcoin and ether futures contracts. The remainder of the Fund's assets are cash or highly liquid securities such as US Treasuries and corporate bonds. The Fund does not provide direct exposure to the price of bitcoin or ether.

CoinShares Asset Management (US) LLC is a federally registered investment advisor and serves as the Funds' investment advisor, providing a variety of investment services. CoinShares Asset Management (US) LLC has collective assets under management or supervision of approximately $300 million as of September 15, 2026 through exchange-traded funds. CoinShares Asset Management (US) LLC is based in New York, New York.

Contact: CoinShares Asset Management (US) LLC 

Press Inquiries: support @coinshares.com

About CoinShares

CoinShares is a leading global asset manager specialising in digital assets that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission and National Futures Association. CoinShares is publicly listed on the Nasdaq under the ticker CSHR.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities. Such offerings may only be made by prospectus and other offering documents that discloses the risks and disclosures of such offering. Past performance is not indicative of future results. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss. Carefully consider the Funds' investment objectives, risk factors, charges and expense before investing.

This and other information can be found in the full prospectus available here. Read the prospectus carefully before investing or sending money. 

ETFs distributed by ALPS Distributors, Inc. VLK000520

Investing involves risk, including potential loss of capital.

For more information about CoinShares: 

CoinShares Investor Portal: https://investor.coinshares.com

Investor Relations : corporateir @coinshares.com