The Bitcoin Investment Notes enable investors to gain exposure to the price movement of Bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping the Bitcoins.
| Investment Objective | Notes track the Bitcoin market price. |
| Product Type | Certificate |
| Expiry Date | Open-ended |
| ISIN | XS1664653380 |
| Inception Date | 10/05/2017 |
| Annual Fee | 3% |
| Issuer & Paying Agent | Bank of New York Mellon |
| Clearing Houses | Euroclear, Clearstream & DTC |
| Auditor | Price Waterhouse & Coopers |
| Underlying asset | Bitcoin |
| Benchmark Index | Kraken Exchange, Bitstamp and Cryptowatch index |
The Bitcoin Investment Note is a traditional investment vehicle titled in the investor's name, that provides a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.
Our notes are hosted on Euronext and Weiner Borse AG, both of which provide a range of services for Pascal Capital.
Our Issuing Agent & Primary Paying Agent is the Bank of New York Mellon, which registers each security and its ISIN in Euroclear in order to match the investor's funds.
A world-class depository
Euroclear, the world's leading provider of domestic and cross border settlement for Pascal Capital securities.
Price Waterhouse & Coopers (PWC)
PwC reviews Pascal Capital ETNs on an annual basis, ensuring that each Exchange-Traded Note is backed by the stated underlying assets.
Prices distributed by largest data disseminators in the world
Pricing for Pascal Capital Notes are distributed by Reuters & Bloomberg to the investors's custodial accounts.
The Bitcoin Investment Note’s assets are stored using the latest deep cold storage technology vaults, provided by Kraken, the leading global Bitcoin exchanges. They reside on multisignature addresses, the private keys for which are protected by intense cryptographic and physical security processes.
We are proud to offer the world access to the first Bitcoin Investment Note. Through enabling this easy and secure investment structure, we hope to democratize investment in cryptocurrency, which we believe to be the future of financial markets and smart transactions.
Past performance is not necessarily indicative of future results.
* Bitcoin Market Price reflects the closing price of Bitcoin Investment Note on Markets under the symbol: COINBTX:NOTE.
** Bitcoin Investment Note price is calculated daily at 4pm ET.
‡ At close as of 04/06/2023