The world of digital asset investment continues to evolve, and CoinShares is at the forefront with a major expansion of its XBT Provider platform. In a strategic move to broaden access to digital assets in Sweden, CoinShares has launched seven new physically-backed crypto Exchange Traded Products (ETPs) on Nasdaq Stockholm. This development marks a significant milestone in the integration of cryptocurrencies into traditional financial markets.
👉 Discover how crypto ETPs are reshaping the future of investing.
A Strategic Expansion in the Nordic Market
CoinShares’ reinvigoration of the XBT Provider platform underscores its long-term commitment to the Swedish and broader European markets. Originally established in 2015 as the world’s first open-ended crypto ETP platform, XBT Provider was acquired by CoinShares in 2016 and has since become a trusted vehicle for institutional and retail investors seeking regulated exposure to digital assets.
The newly launched ETPs are all listed on Nasdaq Stockholm and denominated in Swedish krona (SEK), making them easily accessible to local investors. Each product is backed by physical holdings of the underlying cryptocurrency, stored securely with regulated custodians—a model that ensures transparency, security, and regulatory compliance.
This expansion aligns with growing investor demand for diversified, compliant, and easily tradable crypto investment vehicles. By leveraging Nasdaq’s robust infrastructure, CoinShares enhances market liquidity and investor confidence in digital asset products.
Core Offerings: Seven New Physically-Backed ETPs
The latest addition to the XBT Provider lineup includes seven innovative ETPs, each designed to provide direct exposure to high-demand cryptocurrencies:
- CoinShares XBT Physical Chainlink – SEK
Offers exposure to Chainlink (LINK), a leading decentralized oracle network bridging smart contracts with real-world data. - CoinShares XBT Physical Litecoin – SEK
Provides access to Litecoin (LTC), one of the earliest altcoins known for fast, low-cost transactions. - CoinShares XBT Physical XRP – SEK
Tracks XRP, a digital asset optimized for cross-border payments and used by financial institutions globally. - CoinShares XBT Physical Uniswap – SEK
Gives investors exposure to Uniswap (UNI), a dominant decentralized exchange protocol powering the DeFi ecosystem. - CoinShares XBT Phys Staked Polkadot – SEK
Backed by staked Polkadot (DOT), this ETP allows investors to benefit from staking rewards while holding a regulated product. - CoinShares XBT Phys Staked Cardano – SEK
Offers exposure to staked Cardano (ADA), a proof-of-stake blockchain focused on scalability and sustainability. - CoinShares XBT Phys Staked Solana – SEK
Features Solana (SOL), a high-performance blockchain known for rapid transaction speeds and strong developer adoption.
These products reflect a strategic focus on both established and emerging digital assets, including proof-of-stake tokens that generate yield through staking—a feature increasingly sought after by income-oriented investors.
👉 Learn how staking-powered crypto products are driving next-gen investment returns.
Why Physically-Backed ETPs Matter
Physically-backed ETPs are gaining traction as a preferred method for gaining crypto exposure within regulated financial systems. Unlike synthetic or futures-based products, physically-backed ETPs hold the actual cryptocurrency, eliminating counterparty risk and providing direct asset correlation.
This structure appeals to institutional investors, wealth managers, and retail participants who prioritize security, transparency, and auditability. With assets held in regulated custody, these ETPs meet stringent compliance standards—making them suitable for inclusion in pension funds, savings accounts, and other mainstream investment portfolios.
Moreover, trading on Nasdaq Stockholm ensures these ETPs benefit from high liquidity, real-time pricing, and seamless integration with existing brokerage platforms—removing technical barriers that often deter traditional investors from entering the crypto space.
Supporting Quotes from Industry Leaders
Helena Wedin, Head of ETF and ETP at Nasdaq European Markets, emphasized the importance of innovation in market development:
“We are happy to welcome CoinShares as an ETP provider through the reinvigoration and expansion of their XBT Platform. With an expanded range of locally listed ETPs, our market has continued to grow throughout the year. This growth highlights our commitment to develop and modernize our markets for both our issuers and our investors.”
Jean-Marie Mognetti, CEO of CoinShares, highlighted the firm’s vision for digital asset adoption:
“We are glad to reinvigorate the CoinShares XBT Provider platform. With this product extension, we’re enabling Swedish investors to access an expanded range of tokens through a pioneering and time-tested crypto ETP platform. This expansion represents our commitment to developing the Swedish market and by offering these innovative products on a trusted platform, we aim to accelerate digital asset integration within Sweden’s sophisticated financial ecosystem.”
Keyword Integration
Core keywords naturally integrated throughout this article include:
crypto ETPs, physically-backed cryptocurrencies, Nasdaq Stockholm, CoinShares XBT Provider, staked crypto products, digital asset investment, regulated crypto exposure, and Swedish financial market.
These terms reflect high-intent search queries from investors, financial advisors, and institutions exploring secure ways to access digital assets through traditional market channels.
Frequently Asked Questions (FAQ)
Q: What are physically-backed crypto ETPs?
A: Physically-backed crypto ETPs are exchange-traded products that hold actual cryptocurrencies in secure, regulated custody. The value of the ETP directly correlates with the price of the underlying asset, offering transparent and secure exposure without requiring investors to manage private keys.
Q: Why are staked versions of Cardano, Polkadot, and Solana significant?
A: Staked ETPs allow investors to earn staking rewards passively while maintaining exposure through a regulated product. This combines the yield-generating potential of proof-of-stake networks with the safety and accessibility of traditional financial instruments.
Q: Where are these new ETPs traded?
A: All seven ETPs are listed on Nasdaq Stockholm and traded in Swedish krona (SEK), making them accessible to Swedish investors and integrated into local brokerage accounts.
Q: How does this expansion benefit traditional investors?
A: It lowers the barrier to entry by offering crypto exposure through familiar stock exchange mechanisms—no need for wallets, exchanges, or technical know-how. Regulatory oversight and custodial security further reduce risk.
Q: Are these products available outside Sweden?
A: While currently listed in Sweden, similar products from CoinShares are available in other European markets. International availability depends on local regulations and listing approvals.
Q: What makes the XBT Provider platform unique?
A: Launched in 2015, it was the world’s first open-ended crypto ETP platform. Its longevity, regulatory compliance, and physical backing model have made it a benchmark for institutional-grade crypto investment products.
👉 See how leading platforms are bridging crypto and traditional finance.