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© 2026 CoinShares. All Rights reserved. COINSHARES, COINSHARES PHYSICAL, COINSHARES XBT PROVIDER are registered and unregistered trademarks of CoinShares International Ltd or its subsidiaries. All other trademarks are those of their respective owners.

This is a marketing communication. This information must not be reproduced or circulated without prior permission.

EU/EEA: This website and its content are provided by CoinShares Asset Management, authorised and regulated by the French Autorité des Marchés Financiers (GP-19000015).

UK: This website and its content are provided by CoinShares Capital Markets (UK) Limited, an appointed representative of Strata Global Ltd., authorised and regulated by the Financial Conduct Authority (FRN 563834).

US: If you are accessing this website from the United States, please visit our US-specific website at coinshares.com. The products, services and content of this website are not intended for you.

Other Jurisdictions: This website and its content are provided by CoinShares (Jersey) Limited, authorised and regulated by the Jersey Financial Services Commission (102184).

Risk Warning: Investing in Crypto Exchange Traded Products (ETPs) involves a high level of risk. Crypto-ETPs are secured debt instruments; are is not funds or exchange traded funds and complex products that may be difficult to understand. The value of shares or investments in ETPs can fluctuate, and investors may not recover the full amount they invested. Past performance is not indicative of future results.

Important Information: Please note that prices and data on this website may be delayed, and actual prices may vary. CoinShares accepts no liability for any errors in the data provided. For comprehensive information on products/services risks, please refer to the Key Information Documents (KIDs), Prospectuses, and Financial Reports available on this website. This material does not constitute investment advice or a recommendation to buy or sell any financial instrument or product. Investors should seek advice from a financial adviser if they are uncertain about the suitability of any product.