Core Insights - CoinShares International Limited has launched seven new physically-backed crypto Exchange Traded Products (ETPs) on its Swedish XBT Provider Platform, expanding its offerings in the digital asset space [1][2]. Company Overview - CoinShares is a leading global investment company specializing in digital assets, with over $6 billion in assets under management (AUM) [1]. - The company was founded in 2013 and is headquartered in Jersey, with additional offices in France, Stockholm, the UK, and the US [4]. Product Details - The new ETPs are all denominated and traded in Swedish Krona (SEK) and listed on Nasdaq Stockholm [2]. - The seven new products include: - CoinShares XBT Litecoin: Management Fees 1.50% p.a., Not a proof of stake crypto - CoinShares XBT Chainlink: Management Fees 1.50% p.a., Not a proof of stake crypto - CoinShares XBT Polkadot: Management Fees reduced to 0.00% p.a., Staking Reward 5.0% p.a. - CoinShares XBT Solana: Management Fees reduced to 0.00% p.a., Staking Reward 3.0% p.a. - CoinShares XBT Cardano: Management Fees reduced to 0.00% p.a., Staking Reward 2.0% p.a. - CoinShares XBT XRP: Management Fees 1.50% p.a., Not a proof of stake crypto - CoinShares XBT Uniswap: Management Fees 1.50% p.a., Not a proof of stake crypto [2]. Market Positioning - The expansion of the XBT Provider platform aims to bridge the adoption gap in the Swedish market compared to other European markets, providing institutional-grade investment vehicles [3]. - The demand for ETPs is growing, and the introduction of these products is seen as a significant step in meeting that demand within the Swedish financial ecosystem [3].