CoinShares

CoinShares brought in around $17.5 million in revenue, gains and other income in the last quarter of 2022, compared with about $50.6 million a year prior

Crypto and equities, which have historically moved on macro news, are becoming increasingly correlated

Ethereum investment products dragged down an already rough year for flows into digital asset investment products, CoinShares report finds

Money into offerings shorting crypto accounted for 75% of last week’s inflows, CoinShares data shows

An inrush of $42 million into digital asset investment products last week marked the highest level in 14 weeks, according to CoinShares data

Products betting against the asset helped the space’s offerings avoid a fourth straight week of outflows, according to CoinShares report

ETH investment products earlier this month had highest single week of net inflows since June 2021, according to CoinShares

The deal concludes nearly seven months of consultation with the regulator following CoinShares’ acquisition of Napoleon in December

CoinShares reports record outflows, driven by redemptions from Purpose Investments offerings

A16z-backed Indian crypto exchange launches the first rupee-based crypto benchmark index, which lists eight of the top assets by market cap

Investment firm’s CEO calls Terra stablecoin collapse “a humbling lesson”

The two assets have a combined market capitalization of more than $8 billion

Until European institutional investors show greater interest in crypto, CoinShares is going to double down on its retail strategy

Crypto offers a “level of excitement that the banks can’t,” BlockTower Capital’s Michael Bucella says

The alliance aims to further bridge the gap between traditional finance and digital assets

Europe’s largest digital asset investment firm now owns nearly 30% of the Swiss bank

Competition is growing in the crypto ETP space, including three new DeFi products from Fidelity Investments

Russia is expected to draw up crypto legislation, including tax standards, by Feb. 18

Germany-listed products designed to share staking rewards with investors

Inflows to digital asset investment products hit $9.3 billion in 2021 compared to $6.8 billion in 2020, CoinShares reports

London-based ETP issuer seeks to provide more exposure to alternative coins in 2022

Digital asset investment products saw their first week of outflows in over 4 months

The Q3 results were CoinShares’ strongest-ever performance in a nine-month period, according to the company’s filing.

Many investors prefer the scale and decentralization of Ethereum compared to competing layer-1s, the firm’s investment strategist says.

Company lists physically backed products on Euronext exchange in Paris and Amsterdam