CoinShares News

The fund's units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators.

Assets under management for institutional funds have hit a record high of $59 billion.

Major European digital asset investment firm CoinShares has launched its third physically backed ETP in 2021.

Managers bought $21 million worth of digital asset investment products last week, according to CoinShares. On a market-cap adjusted basis, Ether remains the most popular investment.

Inflows into Grayscale products continue to surge, while Bitcoin remains the preferred asset for institutional investors.

Institutional inflows have declined 59% this past week, but AUM is at an all-time high.

Bitcoin dominates but Ethereum is growing in popularity for institutional investment products.

Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security.

Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange.

Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion.

CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back.

CoinShares' CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange.

CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month.

The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system.

Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity.