CoinShares Sees 2022 Income Plunge 97% to $3.6M
CoinShares said it had GBP 26 million of its assets on FTX at the time the now bankrupt cryptocurrency exchange halted withdrawals. Source
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CoinShares
CoinShares remains afloat despite heavy FTX losses: Q4 report
While other hedge funds decided to close down operations after being hit by the FTX debacle, some managed to survive and stay afloat after navigating the challenges brought about by the collapse of the exchange. In its fourth-quarter report for 2022, institutional crypto fund manager CoinShares highlighted that the firm managed
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US regulatory crackdown leads to $32M digital asset outflows: CoinShares
Institutional investors may have gotten the jitters on crypto in the wake of the regulatory crackdown in the United States, with digital asset investment products seeing the largest weekly outflow of 2023. On Feb. 20, institutional crypto fund manager CoinShares reported that digital asset investment products saw outflows totaling $32 million
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Inflows Into Short Bitcoin Products Picked Up Alongside Rally: CoinShares
Last week’s rush into short products came as bitcoin (BTC) surged to a four-month high above $22,000. Recently trading at $22,750, bitcoin is up more than 40% thus far in 2023. Last July’s big inflow also came alongside a sizable rally when the price rose to above $24,000 from a
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Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm
Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries.CoinShares officially announced on Dec. 19, the first day of trading on Nasdaq Stockholm’s main market, with CoinShares’ stock starting trading on the exchange under the ticker CS.The latest trading debut marks
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MakerDAO community votes against CoinShares’ 500M investment proposal
Decentralized lending protocol, MakerDAO, has voted against crypto investment firm CoinShares' proposal to invest between 100million and 500million worth of the community’s funds, into a portfolio of corporate debt securities and government-backed bonds for yield, as an investment strategy. 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO’s
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MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly. Source
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Investors increasingly confident of Ripple’s victory over SEC: CoinShares
Recent developments in the Ripple vs Securities and Exchange Commission (SEC) case appear to have bolstered investor confidence in XRP-tied investment products, according to investment data from CoinShares’ head of research James Butterfill. In its latest Digital Asset Fund Flows published on Nov. 7, Butterfill noted that XRP investment products have
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Volumes on crypto investment products drop to 2-year low: Coinshares
On Oct 24, European cryptocurrency investment firm Coinshare published its Digital Asset Fund Flows Report, which revealed that digital asset investment products saw $5 million worth of cumulative outflows last week, in a continuation of what it calls an “apathetic period” that began in September 2022. Most notably, investment product volumes
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CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree
Digital asset manager CoinShares has launched an experimental Twitter bot that will, in theory, enable users to check the estimated fair market value of specific nonfungible tokens (NFTs), though a few have been less than enthused about the estimates given. The firm announced the bot dubbed “CoinSharesNFTAI” via Twitter on Oct.
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