Seven CoinShares ETNs have been assigned observation status by Nasdaq Stockholm following approval of the issuer’s application to delist them. The exchange’s October twenty, two thousand twenty-six notice identifies SEK-denominated notes linked to Litecoin, XRP, Chainlink, Uniswap, staked Cardano, staked Solana and staked Polkadot.
Key Takeaways
- CoinShares XBT Provider AB disclosed that it had applied for delisting and that Nasdaq Stockholm had approved the application.
- The exchange assigned observation status under the rule covering ETNs whose issuer has applied for delisting.
- The affected instruments are individually identified by name, ISIN, ticker and order book ID.
Table of Contents
- Why Nasdaq assigned observation status
- Which CoinShares ETNs are affected
- What the notice establishes about delisting
- Conclusion
Why Nasdaq assigned observation status
The decision followed a press release disclosed by CoinShares XBT Provider AB on the same day. According to Nasdaq’s notice, that release said the company had submitted an application to delist certain exchange-traded notes from Nasdaq Stockholm and that the exchange had approved it.
Nasdaq cited item 4.2.2 (b) of its Stockholm Main Market Rulebook for Issuers of Exchange Traded Notes. That provision allows an issuer’s ETNs to receive observation status when the issuer has applied for their delisting. The exchange explicitly linked its decision to that circumstance.
| Item | Details |
|---|---|
| CoinShares XBT Physical Litecoin - SEK | Ticker COINLTC; ISIN SE0024367098; order book ID 404345. |
| CoinShares XBT Physical XRP - SEK | Ticker COINXRP; ISIN SE0024367130; order book ID 404346. |
| CoinShares XBT Physical Chainlink - SEK | Ticker COINLINK; ISIN SE0024367080; order book ID 404344. |
| CoinShares XBT Physical Uniswap - SEK | Ticker COINUNI; ISIN SE0024367122; order book ID 404347. |
| CoinShares XBT Physical Staked Cardano - SEK | Ticker COINADA; ISIN SE0024367106; order book ID 404349. |
| CoinShares XBT Physical Staked Solana - SEK | Ticker COINSOL; ISIN SE0024367114; order book ID 404350. |
| CoinShares XBT Physical Staked Polkadot - SEK | Ticker COINDOT; ISIN SE0025010838; order book ID 404348. |
Which CoinShares ETNs are affected
The notice names the seven instruments below rather than describing a change to every product issued by the company. Each listed instrument carries the SEK designation.
Litecoin, XRP, Chainlink and Uniswap appear under the CoinShares XBT Physical naming convention. The Cardano, Solana and Polkadot instruments include “Staked” in their names. The table retains the exchange’s instrument identifiers so readers can distinguish the affected notes precisely.
What the notice establishes about delisting
The source report from Nasdaq Europe Market Notices records an approved delisting application and an exchange decision to assign observation status. Those are distinct steps: approval of an application is not a statement that the instruments have already been removed from listing.
The notice does not specify a final trading date or explain why the issuer sought delisting. It also provides no redemption terms or holder instructions. Its substantive detail is the status decision, the rule supporting it and the instrument-by-instrument list.
Conclusion
For holders checking exposure, the named instruments and their identifiers define the scope of this exchange decision.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
