XBT Provider bitcoin tracker prospectus approved

Originally published on 20 October 2016

A new updated prospectus released for the issuance of bitcoin tracker certificates under the issuance programme of XBT Provider has been approved by the Swedish Financial Supervisory Authority.

The new prospectus reflects the changes in ownership structure as well as the change of guarantor. The prospectus was approved and registered by the Swedish Financial Supervisory Authority (Finansinspektionen) on 7 October 2016. The prospectus is available for download on XBT Provider’s website. The correct performance of the Issuer's obligations regarding the certificates is guaranteed by Global Advisors (Jersey) Limited.

Bitcoin Tracker One and Bitcoin Tracker EUR are designed to provide investors with liquid access to the returns of the underlying asset, BTC/USD. The issuer, XBT Provider, is at all times fully hedged. The certificates which can be issued under the prospectus are non-equity linked certificates which synthetically track the performance of the price of Bitcoin in USD less a fee component.