CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the holding company CoinShares PLC.  The transaction, first announced in September and closed late Tuesday, values the business at about $1.2 billion and included a $50 million strategic […]

XRP Derivatives Market Heats Up: Open Interest Jumps Amid Spike In Volatility

In a sudden move, the cryptocurrency market flipped extremely bearish, causing major digital assets such as XRP to drop sharply. After days of trading above the $2 price mark, the altcoin has fallen below this level, bringing it to the key $1.80 support. While the leading altcoin continues to face heightened volatility, its derivatives market […]

XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum

An interesting round of institutional repositioning played out across crypto investment products last week, as nearly $1 billion exited the market following several weeks of steady inflows.  The latest Digital Asset Fund Flows Weekly Report from CoinShares shows that the pullback was not evenly distributed. Capital rotated away from Bitcoin and Ethereum, while select altcoins […]

CoinShares Withdraws Multiple US Crypto ETF Applications — Details

Asset management firm CoinShares has announced its decision to pull the plug on its different crypto exchange-traded fund (ETF) applications with the United States Securities and Exchange Commission (SEC). This move marks a change in the firm’s strategy as it looks away from the slowly-saturating US crypto ETF space. CoinShares Pulls Plug On Solana, XRP, […]

CoinShares Reports $32.4 Million Net Profit in Q2, What’s Behind The Gains?

European crypto asset manager CoinShares has released its second-quarter results, showing a net profit of $32.4 million. The figure, while slightly down 5.3% from the prior quarter, represents a 1.9% increase year-over-year, supported by growing management fees, improved treasury performance, and strong momentum in physically backed products. The company attributed the results to a surge […]