CoinShares


Markets

Market Wrap: Bitcoin Consolidates Amid China Crackdown

China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.

Bitcoin daily price chart, CoinDesk 20

Finance

CoinShares to Buy Elwood's ETF Index Business for $17M

The purchase also gives CoinShares access to Elwood’s equity-research team.

CoinShares CEO Jean-Marie Mognetti

Markets

Ethereum Investment Funds Saw Record Outflows of $50M

Net outflows from cryptocurrency funds totaled $44 million for the week ending June 25, marking the fourth consecutive week of redemptions.

Weekly digital asset fund flows

Markets

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Outflows continue from digital-asset investment funds, but they appear to be slowing.

Markets

Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds

Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.

Weekly digital asset fund flows

Finance

CoinShares Issues Three Crypto ETNs on Deutsche Boerse

The three CoinShares ETNs are tracking bitcoin, ethereum and litecoin.

Deutsche Borse

Markets

Inflows Into Digital Asset Funds Recover Slightly as Demand Rises for Altcoin Products

Digital asset funds posted inflows over the past week as investors rotate into altcoin products.

Weekly digital asset fund flows

Markets

Crypto Funds Suffer 2nd Straight Week of Outflows; Investors Rotate Toward Altcoins

Investors exited digital asset funds amid the crypto sell-off, and have diversified into altcoin products.

Weekly digital asset fund flows

Markets

CoinShares First-Quarter Earnings More Than Quadruple

The Nasdaq-listed digital asset manager reported a year-on-year increase in comprehensive income of $34.9 million.

CoinShares CEO Jean-Marie Mognetti

Markets

Crypto Funds Hit by Redemptions as Investors Retreat From Bitcoin

Investors have been diversifying out of bitcoin and into altcoin investment products, according to CoinShares.

Record redemptions last week in bitcoin funds helped push overall investment flows into into the red for the first time in 2021.