News // November 20th, 2017

XBT PROVIDER AB: Further Update With Regard To Distribution Of Bitcoin Cash Proceeds

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STOCKHOLM, NOVEMBER 20, 2017 - Further to its Press Release of November 9th, XBT Provider AB (Publ) (the “Issuer”) wishes to HEREBY CONFIRM that applications in respect of the distribution of the proceeds from the sale of Bitcoin Cash may be submitted with effect from 7am (GMT) on Tuesday, November 21st, 2017.

Certificate holders who are entitled to distribution of proceeds in accordance with the terms outlined in the Issuer’s previous Press Releases on this matter (which may be found here and here), may submit their application for a distribution via the dedicated portal: https://claims.xbtprovider.com/

This portal will remain accessible for 3 months, closing at midnight (GMT) on February 19th, 2018. All claims must therefore be submitted before February 20th, 2018.

It is intended that distributions in respect of all approved applications will be made on or before March 20th, 2018.

The Issuer reiterates that only those investors which held Certificates issued by it (and referenced to bitcoin) as at the opening of trading on August 1st, are eligible to make an application for a distribution. If a nominee held title on your behalf and you would wish for an application to be made, please contact such nominee: the Issuer cannot liaise on your behalf with such nominee. (Please also note that the Issuer can provide no assurance as to whether a nominee would be willing or able to comply with your request to make an application and will not be responsible should the nominee not do so).

Representatives of the Issuer have appointed JTC Fund Solutions (Jersey) Limited in Jersey, Channel Islands (“JTC”), to be responsible for the independent administration of the application process. JTC is regulated by the Jersey Financial Services Commission in respect of the conduct of certain classes of fund services and trust company business.

ABOUT THE ISSUERdedicated portal: https://claims.xbtprovider.com/For further information regarding eligibility and documents needed for an application, and for any additional questions or inquiries, please refer to the dedicated portal: https://claims.xbtprovider.com/

ABOUT THE ISSUER

XBT Provider AB (Publ), a CoinShares company, is the Swedish-domiciled issuer of Bitcoin Tracker One and Bitcoin Tracker Euro (COINXBT:SS, COINXBE:SS, respectively) and Ether Tracker One and Ether Tracker Euro (COINETH:SS and COINETHE:SS). These trackers are designed to mirror the return of the underlying asset, bitcoin (in Swedish Kronor and Euro, respectively). In 2015, Bitcoin Tracker One became the first bitcoin-referenced security available on a regulated exchange when it listed on NASDAQ in Stockholm. In 2017, Ether Tracker One became the first ether-referenced security available on a regulated exchange when it listed on NASDAQ in Stockholm. All four certificates are available in 179 countries and are traded in the same manner as any other share or instrument listed on the Nasdaq exchange in Stockholm. The Issuer's Prospectus is approved by the Swedish FSA (Finansinspektionen) and its products are listed on Nasdaq Nordic in Stockholm. XBT Provider AB (Publ) is not a licensed financial advisor. The views presented in this release are the opinions of the Board of XBT Provider AB (Publ) and no other party. Bitcoin and ether are volatile assets and their prices (and the price of securities that are referenced to them) can move quickly. Prospective investors in the Issuer's certificates should carefully consider the suitability of such an investment and, in connection with such a determination, should carefully read the Issuer's latest Prospectus (including, in particular, the risk warnings set out therein). For More Information regarding XBT Provider, contact us at: XBT Provider AB (Publ) [email protected] or visit our website at: www.XBTProvider.com

Thinking of Trading? Common Investor Questions

How Do I Trade?

Bitcoin Tracker One, Bitcoin Tracker Euro, Ether Tracker One and Ether Tracker Euro are traded in the same manner as any share or instrument listed on the Nasdaq exchange in Stockholm. To invest, you need an account, which is obtained through your bank, advisor or online broker. The product is listed on Nasdaq in Stockholm and is traded during normal opening hours: Monday to Friday, 9:00 to 17:25 (CET), except holidays. More questions? Please contact your advisor, brokerage or bank.

What Backs the Products?

We buy the relevant amount of bitcoin and/or ether upon issuance of a new certificate which ensures that we are always 100% hedged and able to support the outstanding value of the product. This means that our assets (as well as liabilities to Certificate-holders) follow the price of bitcoin and ether. Additionally, the certificates are guaranteed by Global Advisors (Jersey) Limited.

Where Can I Trade?

If your current advisor, broker or bank is unable to help, you can contact Mangold Fondkommission. Mangold Fondkommission is a Stockholm based Brokerage and Investment bank. As a member of Nasdaq (Stockholm) the company assists XBTProvider with clearing services and acts as a liquidity provider for our products. To open an account or for general inquiries please call +46 8 50301550 or visit http://www.mangold.se.

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