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Major European digital asset manager CoinShares is finalizing the acquisition of the French fintech firm Napoleon Group despite the ongoing market decline.CoinShares announced on July 4 that the firm has acquired Napoleon Asset Management, a digital asset management subsidiary of Napoleon Group.CoinShares previously entered into a sale and purchase agreement (SPA)
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Investors redeemed a net $5.8 million from short bitcoin funds in the seven days through June 17, the crypto asset manager CoinShares wrote Monday in a report. (A "short" position in financial markets is a bet on a price decline.) At the beginning of the week, assets under management (AUM)
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The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares. Source
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Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds, signaling a more cautious approach to crypto allocation on the part of institutional investors. Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturday, according to the latest
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Summary: CoinShares’ Chief Strategy Officer has warned that governments are going to try to ban Bitcoin and other cryptocurrencies Evidence of such attempts can be seen in the EU’s sentiment against Proof-of-work networks The same applies to the US State of New York, which has a pending bill focusing on the energy consumption
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CoinShares saw a weekly inflow of $193 million into its crypto investment products.Europe dominated the inflows with $147 million, while the Americas recorded $45 million.Solana also saw its highest weekly inflow, with $45 million. CoinShares has published its weekly report on digital assets fund flows, and it holds some positive signs
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CoinShares, one of the largest crypto investment firms in Europe, and FTX crypto exchange have united forces to launch a new physically-backed Solana (SOL) exchange-traded product (ETP).The new product, titled CoinShares FTX Physical Staked Solana, is launching with 1 million SOL in seed capital, allowing investors to get 3% in
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Notably, the week ended March 4 saw overall net inflows of $126.8 million, with the Purpose fund receiving a net $130.3 million in new cash. CoinShares Physical, 3IQ and Proshares all saw minor inflows last week, balancing out some of the outflows from Purpose Bitcoin ETF, CoinShares XBT, and 21
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Digital asset manager CoinShares agreed to buy French crypto investment product provider Napoleon Crypto SAS for €13.9 million ($15.7 million).The transaction will be settled in cash and shares with the issuance of 363,636 new shares at €10.80 ($12.2) each, CoinShares announced Wednesday.The deal is expected to be completed in the
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