The total assets managed by crypto exchange traded notes have eclipsed $100 billion.
CoinShares News
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CoinShares’ global assets under management increased to approximately $7.3 billion following the acquisition.
4254Record year-to-date crypto product inflows, slowing outflows, and positive price action have made the perfect recipe for the swelling AUM.
6460This week’s headlines include Franklin Templeton’s entry into the Ether ETF race, Ripple’s new custody deal, Bakkt’s sale of securities and CoinShares’ Q4 earnings.
8328In its fourth-quarter report for 2023, CoinShares highlighted that its total assets under management as of Dec. 31, 2023, was $3.81 billion.
8109One XRP price metric hints at a 50%-plus price decline for the cryptocurrency in the coming months.
22092The trading of U.S. spot Bitcoin ETFs brought all-time high weekly trading volumes for crypto investment products, according to CoinShares.
9685After securing the option to acquire Valkyrie’s crypto unit in November 2023, CoinShares is exercising the option following Valkyrie’s spot Bitcoin ETF listing on Nasdaq.
2624When viewed year-to-year, cryptocurrency investment products experienced more inflows in 2023, with BTC having over $1.9 billion, representing 86% of the total.
2606Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares.
4072The deal comes as Bitcoin ETF applications in the U.S. are seemingly inching closer toward regulatory approval.
4645Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets.
1682Bitcoin products took the largest share of inflows, netting 84% of incoming funds, according to CoinShares’ weekly fund flows report.
8183Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares.
4736Komainu is increasing its presence in the U.K. after agreeing with authorities to store crypto seized during local investigations in 2021.
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