Inflows into Bitcoin investment products reach $1.5B year-to-date

Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totalled $346 million, continuing a nine-week trend of positive ...

CoinShares gets buying rights to Valkyrie’s crypto ETF unit

European digital asset management firm CoinShares secured the exclusive option to acquire the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, including the Valkyrie Bitcoin Fund that’s awaiting approval in the U.S.CoinShares said on Nov. 17 that ...

OKX joins Komainu and CoinShares for institutional segregated asset trading

Crypto exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to facilitate round-the-clock trading of segregated assets to push institutional adoption of digital assets forward.According to OKX, CoinShares will trade on the OKX exchange, while Komainu, a thi ...

Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares

Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins including Ether (ETH), suggesting it's the “most loved altcoin amongst investors” according to CoinShares.In a Sep. 4 Digital Asset Fund Flows weekly report,&nbs ...

Komainu Secures Full Operating License from Dubai’s VARA for Crypto Services

Komainu, a joint venture between leading Nomura, and crypto firms CoinShares and Ledger, received a full operating license from Dubai’s Virtual Asset Regulatory Authority (VARA). The United Arab Emirates (UAE) has opened its door to crypto innovations, supported by federal grants and pro-crypto r ...

Bitcoin funds see weekly outflows of $111M, most since March: CoinShares

Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million.Once again, the lion’s share of movement was attributed to Bitcoin (BTC). With $111 million in outflows, Bitcoin funds n ...

Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares

Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023. In a July 3 report from CoinShares’ Head of Research James Butterfill, the analyst noted ...

$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO

There is at least $27 trillion of assets managed by major U.S. financial institutions that are also “actively” seeking to provide clients with exposure to Bitcoin (BTC) and crypto. On June 26, CoinShares chief strategy officer Meltem Demirors highlighted at least eight maj ...

Institutional Cryptofunds Experience Significant Outflows, Traders Cautious Amid BTC Market Passivity

Net was $232 million Cryptofunds were in the discount zone due to traders' passivity in the BTC market Investors are waiting for the next "trigger" and are wary of taking action now that the rate could collapse On Monday, May 22, Coinshares released i ...

Cryptocurrency Companies Raised $2.6 Billion in Q1 2023, Marking a Decline in Investment Activity

In the first quarter of 2023,  cryptocurrency companies raised a total of $2.6 billion in 353 rounds of investment. The analytical platform PitchBook wrote about it in a report. The platform's experts noted an 11% decrease in deal value and a 12.2% decrease in the total n ...

Record $255 Million Withdrawn from Crypto Funds and Trusts in Five Days

The American banking industry's recent events have sent shockwaves throughout the investment community, causing major institutional investors to panic. Over the course of just five days, a staggering $255 million was withdrawn from cryptocurrency funds and trusts. This marks the fifth week in ...

CoinShares Analysts Refute Claims of Bitcoin Network Control by Small Group

CoinShares analysts have disputed the widespread belief that only a small group of people manage and develop the Bitcoin network. The Wall Street Journal had recently published an article titled "The future of bitcoin depends on a small group of secret programmers" but, according to CoinShares' F ...