To access the options for playlist folders, simply click the three dots to the right of playlist folder.
After clicking the three dots, you have four options to choose from.
Share link, downloads allowed/Share link, streaming only
Selecting the Share Link, downloads allowed option gives you the ability to share the link that allows users to download the songs.
Selecting the Share Link, streaming only option gives you the ability to share the link that allows the users to only listen to the songs.
Note: Share options vary for iOS and Android.
Selecting the Rename option gives you the ability to change the name of the folder.
Delete playlist folder
Selecting the Delete playlist folder option gives you the ability to delete this folder. You will be asked to confirm before deleting.