- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 4th Floor, 3 George's Dock, IFSC Dublin Ireland D01 X5X0
- IPO Date
- Jun 3, 2021
- Business
- LS 1x Coinbase Tracker ETC (COIB.L), issued by Leverage Shares PLC, provides delta one (1:1) physical exposure to the performance of Coinbase Global, Inc. (COIN) stock, less fees, through direct ownership of the underlying shares; it offers investors a simple, liquid, and transparent way to gain unleveraged access to Coinbase without derivatives, foreign exchange charges, or complex tax forms like W-8BEN. The product features intraday liquidity via multiple market makers, trades like a standard stock on major exchanges, and carries an annual management fee of 0.15%; it is structured as a collateralized debt instrument domiciled in Ireland with ISIN XS2338070282.
Leverage Shares PLC, founded in 2017 and headquartered at 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, Ireland, specializes in exchange-traded products (ETPs) offering leveraged, inverse, and single-stock tracker exposure to equities, indices, ETFs, and commodities for experienced traders across Europe. The LS 1x Coinbase Tracker ETC lists on the London Stock Exchange (COIB.L, COI1.L, 1COI.L in USD, GBP, EUR), Euronext Amsterdam (COIB.AS), and is available in the United Kingdom, Italy, Germany, France, Spain, Netherlands, Ireland, Poland, and Belgium; it targets institutional investors, investment professionals, and eligible retail clients via brokers, with SIPP/ISA eligibility in the UK.
In recent developments, Leverage Shares launched 19 new ETPs on the London Stock Exchange in September 2025, including first-ever 3x leveraged products on Robinhood (HOOD), Hims & Hers (HIMS), UnitedHealth (UNH), Intel (INTC), Broadcom (AVGO), ASML, and Eli Lilly (LLY), alongside 5x long/short on FTSE 100 and FTSE MIB indices and a 3x Long FAANG+ basket, reflecting robust demand with year-to-date turnover up 86% versus 2024. Further expansions in November 2025 introduced the world's first 3x Long and 3x Short Bitcoin (BTC) and Ethereum (ETH) ETPs on the SIX Swiss Exchange, building on the firm's record trading volumes and approximately $1.5 billion in assets under management. These initiatives underscore Leverage Shares' strategy to broaden its single-stock and crypto-related ETP offerings amid growing trader interest in leveraged and thematic exposures.