coinshares

CoinShares pointed out in its latest research report that the Federal Reserve's hawkish policy shift and the stalled CLARITY Act are the two major short-term pressures facing the current cryptocurrency market. The report states that the Federal Reserve believes inflation is still too high, and the latest interest rate forecasts no longer indicate any room for rate cuts before 2027, which has supported the dollar and short-term U.S. Treasury yields. Coupled with the Iran conflict driving up energy prices, the possibility of another rate hike within the year has increased.CoinShares believes that if the inflation outlook does not improve significantly or if there is no major shift in monetary policy expectations, it may be difficult for Bitcoin to effectively break through $80,000 before the end of the year. In terms of regulation, the main disagreements regarding the CLARITY Act still focus on ethical provisions, with a revised version possibly being pushed forward as early as next year. Due to Bitcoin's relatively clear regulatory status, the stalled act has limited impact on it, while Ethereum and other altcoins face greater regulatory uncertainty.

According to Cointelegraph, CoinShares crypto researcher Luke Nolan stated on the Chain Reaction program that cryptocurrency adoption in Germany is making "very good progress" through family offices, wealth management institutions, and younger investors, while the UK is "still very behind," mainly due to regulatory lag. Nolan pointed out that the UK's Financial Conduct Authority (FCA) only lifted the ban on crypto exchange-traded products less than a year ago, and its digital asset market is still in the "nascent" stage.In terms of relevant data, Germany currently has 89 licensed crypto asset service providers, accounting for 25.5% of the European Securities and Markets Authority (ESMA) MiCA registered companies; in June this year, Germany also ranked first in the EU with 57 authorized crypto companies.Meanwhile, Deutsche Bank stated on Wednesday that it is awaiting regulatory approval to launch crypto custody services for institutional clients in Europe, expecting to obtain a license in October; Landesbank Baden-Württemberg is also set to provide crypto custody services in April 2024 through a partnership with Bitpanda.In contrast, the FCA released final guidance on Wednesday clarifying when crypto activities need to be authorized and plans to open license applications on September 30, with the new system set to take effect on October 25, 2027.Additionally, the FCA issued stop notices on Thursday to three London locations suspected of assisting illegal peer-to-peer crypto trading; the UK Parliament approved regulations in February to bring digital assets under FCA regulation and finalized a package of rules in June.

Digital asset management company CoinShares PLC (Nasdaq: CSHR) announced that shareholders approved all resolutions at the special shareholder meeting on September 15, 2026, including authorizing the company to repurchase up to 25% of the issued common shares, as well as through the CoinShares PLC 2026 Equity Incentive Plan. The plan aims to implement the previously approved equity pool, covering all operating jurisdictions, without increasing the number of reserved shares.

Cryptocurrency asset management company CoinShares stated that the shift of Bitcoin miners to AI has reached a level that is difficult to reverse even with a native Bitcoin recovery.At least 35 EH/s of computing power is planned to leave listed mining companies, among which the listed Bitcoin mining company IREN plans to exit by the end of the year, and Cipher may follow by the end of 2027.

According to GlobeNewswire, digital asset management company CoinShares PLC announced its performance for the first half of 2026 ending June 30. Total revenue was $51.4 million, a decrease from $80 million in the first half of 2025. Revenue from asset management was $40 million, capital markets revenue was $11.4 million, and there were operational earnings of $3.4 million.As of June 30, total assets under management were $5.5 billion, down from $7.4 billion on December 31, 2025. During the period, the group had a net inflow of $27.6 million, with CoinShares Physical seeing a net inflow of $155.9 million, while the traditional CoinShares XBT Provider platform experienced a net outflow of $104.6 million.Operating loss was $5.1 million, with segment EBITDA at $21.6 million. The net loss was $23.9 million, which included an unrealized loss of $16.6 million due to XBT pricing differences and an unrealized loss of $15.4 million from inventory digital asset holdings. Net assets were approximately $453 million, with no long-term debt and available capital positions of about $413.9 million.The board plans to seek shareholder authorization for a share buyback program at a special shareholders' meeting on September 15, 2026. The company launched its first Bitcoin mining UCITS ETF in July and completed the acquisition of Bastion in early September.

CoinShares Research Director James Butterfill stated that Bitcoin is currently facing an "unusual combination"—short-term bearish and medium-term bullish factors are present at the same time.In the short term, the U.S. core CPI rose 0.3% month-on-month in August, higher than market expectations. Butterfill said, "The CPI data is marginally negative, increasing the probability of monetary policy tightening, which may limit Bitcoin's immediate upside potential." CME FedWatch data showed that market bets on the Federal Reserve's next rate hike reached as high as 85%.In the medium term, he pointed out that the U.S. Treasury's expanded bond buyback program has failed to effectively lower long-term yields. If this situation continues, it may force authorities to implement larger intervention measures, raising concerns about currency depreciation, which would instead benefit Bitcoin and gold valuations. CoinShares believes that Bitcoin's short-term upside may be limited to below $80,000.

According to BeInCrypto, CoinShares and Token Terminal have released a latest report showing that in the past year (from Q2 2025 to Q2 2026), the deposits of tokenized real-world assets (RWA) in the DeFi sector grew from $2.3 billion to $7.4 billion, more than doubling year-on-year, while total DeFi deposits during the same period declined by about 15%.The growth is mainly concentrated in yield-bearing products, including tokenized government bonds and multi-strategy funds (such as JTRSY, BUIDL, sUSDS), with Aave, Morpho, and Kamino providing the deepest liquidity. Meanwhile, on-chain RWA spot trading volume increased by about 220% year-on-year, while the native cryptocurrency spot trading volume on decentralized exchanges fell by about 70%.

Digital asset investment company CoinShares announced the launch of a new investment platform and the CoinShares Bitcoin Mining UCITS ETF, entering the UCITS (Undertakings for Collective Investment in Transferable Securities) market ecosystem in Europe, which is worth $30 trillion.CoinShares stated that this initiative aims to help CoinShares expand its business towards major institutional investors in Europe, including pension funds, insurance companies, and private banks.

According to monitoring by Lookonchain, a wallet suspected to be associated with CoinShares deposited 63,000 ETH into Coinbase, worth $111.56 million.

According to Cointelegraph, CoinShares analyzed quarterly 13F filings and found that professional investors reduced their Bitcoin ETF exposure from 313,000 BTC to 261,000 BTC in the first quarter, a decrease of 52,000 BTC, or 17%. The total value of these holdings fell by 35% to $17.8 billion, while the share of U.S. Bitcoin ETF assets held by 13F filers dropped from 24.7% to 20.8%.The sell-off was mainly concentrated among hedge funds and brokerages, which accounted for about 96% of the total reduction. Hedge funds reduced their holdings by 31,400 BTC (a decrease of 39%), while brokerages cut their holdings by 18,800 BTC (a decrease of 53%). In contrast, the largest category of professional investors—investment advisors (holding 150,300 BTC)—only reduced their holdings by 5.9%. Banks, on the other hand, more than doubled their Bitcoin ETF holdings, increasing by 7,800 BTC during the quarter.CoinShares digital asset analyst Matt Kimmell stated, "This dataset is consistent with the historical performance of the Bitcoin market during downturns, with leverage and strategic positions being cleared."

CoinShares' latest weekly report shows that global digital asset investment products recorded a net outflow of $1.67 billion last week, marking the third consecutive week of capital outflow and the second largest single-week outflow since 2026, second only to the week of January 23. The cumulative net outflow over the past three weeks has expanded to $4.21 billion, indicating that the risk aversion triggered by the situation in the Middle East has overshadowed the positive impact of the regulatory progress of the U.S. CLARITY Act.Bitcoin investment products experienced a net outflow of $1.438 billion in a single week, setting a record for the largest weekly outflow this year; Ethereum investment products saw a net outflow of $257 million. Due to the continued withdrawal of funds, the global assets under management (AuM) decreased from $148 billion the previous week to $141 billion, the lowest level since early April this year. The U.S. market contributed a net outflow of $1.63 billion, making it the main source of this round of capital withdrawal.At the same time, market risk appetite has significantly declined, with the number of altcoins receiving net inflows dropping from 11 three weeks ago to the current 5. However, XRP, Hyperliquid (HYPE), and NEAR still recorded net inflows of $20.3 million, $10.8 million, and $7.6 million, respectively.

CoinShares' latest weekly report shows that digital asset investment products recorded a net outflow of $1.47 billion last week, marking the second consecutive week of negative growth and the third largest single-week outflow in 2026, with a cumulative outflow of $2.54 billion over the two weeks.By asset, Bitcoin saw an outflow of $1.315 billion, the largest single-week outflow in 2026, with year-to-date inflows compressed from $3.9 billion to $2.6 billion; Ethereum experienced an outflow of $223 million, remaining roughly the same as last week; some altcoins still recorded slight inflows, with XRP inflowing $31.8 million, Near inflowing $9 million, and Solana inflowing $7.7 million.By region, the United States dominated the outflow pattern, with a single-week outflow of $1.425 billion; Switzerland, Canada, and Hong Kong saw outflows of $16.2 million, $12.5 million, and $12.2 million respectively, as risk-averse sentiment has spread from localized areas last week to most regions globally. CoinShares pointed out that the aforementioned outflows are closely related to the rising geopolitical risks associated with Iran. Despite the ongoing legislative progress of the CLARITY Act, market risk aversion continues to deepen.

According to the latest weekly report from CoinShares, institutional digital asset investment products experienced a net outflow of approximately $1.07 billion in a single week, marking the third-largest weekly net outflow this year and ending a previous six-week streak of net inflows.Due to geopolitical risk sentiment related to Iran, funds primarily withdrew from Bitcoin, with a net outflow of $982 million, and Ethereum saw a net outflow of $249 million, the largest single-week outflow since January 30. Blockchain stock ETFs also experienced an outflow of about $133 million. The United States was the main source of this capital outflow, totaling approximately $1.14 billion, while products in Switzerland, Germany, the Netherlands, and Canada recorded slight net inflows.Meanwhile, XRP and Solana recorded net inflows of approximately $67.6 million and $55.1 million, respectively, while Ton, Sui, Ondo, Chainlink, and Doge also saw inflows in the millions, indicating that some funds are selectively allocating outside of BTC and ETH.

CoinShares stated on platform X that the cryptocurrency market recorded a net outflow of $920 million this week. In the short term, macro headwinds continue to dominate the market: PPI data exceeded expectations, the US-Iran conflict has pushed up oil prices, and the Federal Reserve's room for interest rate cuts is limited, with Bitcoin dropping 1.4% this week.Meanwhile, the U.S. Senate Banking Committee passed the Clarity Act with a vote of 15 in favor and 9 against, clarifying the long-term regulatory direction. CoinShares pointed out that the market is currently facing a tug-of-war between short-term macro pressures and long-term regulatory benefits.

According to Coinshares data, digital asset investment products saw a net inflow of $857.9 million last week, marking the sixth consecutive week of positive inflows.Driven by favorable factors such as the CLARITY Act's stablecoin yield compromise, Bitcoin broke through $80,000 mid-week, and total assets under management (AuM) rose to $160 billion. In terms of asset performance, Bitcoin led with an inflow of $706.1 million. The participation of altcoins significantly expanded, with Ethereum, Solana, and XRP seeing inflows of $77.1 million, $47.6 million, and $39.6 million, respectively.

According to The Block, CoinShares released a report showing that last week, global crypto asset ETPs recorded a net inflow of $117.8 million, achieving a fifth consecutive week of net inflows, with a cumulative inflow of over $4 billion in five weeks and a total management scale of approximately $155 billion. However, the funding structure has shown significant differentiation.The report pointed out that from Monday to Thursday, there was a total net outflow of $619 million, but on Friday, a large inflow of $737 million was recorded in a single day, reversing the week to a net inflow, reflecting a significant rebound in market risk appetite before the weekend. From a regional perspective, net inflows in the U.S. market dropped to $47.5 million, a significant slowdown compared to the previous week's $1.1 billion; Germany and Canada recorded inflows of $43.8 million and $16 million, respectively, with European funds performing relatively steadily.In terms of assets, Bitcoin-related products led the way with a weekly inflow of $192.1 million, of which the U.S. spot ETF contributed approximately $162.8 million; Ethereum products, on the other hand, saw a net outflow of $81.6 million. Analysts believe that the number of participating assets has decreased from 9 to 4, indicating that market sentiment weakened significantly in the middle of the week before showing signs of recovery.

According to a report from CoinShares' research department, digital asset investment products recorded a net inflow of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1. Among them, Bitcoin led with an inflow of $933 million, bringing the year-to-date total inflow to $4 billion; Ethereum saw inflows of over $190 million for the third consecutive week; XRP returned to net inflow after a week of outflows.Regionally, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating a broadening demand. Additionally, blockchain stock ETFs have cumulatively attracted $617 million over the past three weeks, setting a record for weekly inflows, reflecting growing interest from institutional investors in this sector. The market is currently focused on the FOMC meeting on April 28-29, which may create some disturbances in short-term sentiment.

CoinShares' latest weekly report shows that digital asset investment products had a net inflow of $1.4 billion last week, marking the third consecutive week of net inflows and the largest single-week inflow since January, bringing total assets under management to $155 billion.Among them, Bitcoin investment products saw a net inflow of $1.116 billion, with year-to-date net inflows rising to $3.1 billion; Ethereum investment products had a net inflow of $328 million, representing the strongest single-week performance since January. By region, the United States had a net inflow of $1.5 billion, Germany had a net inflow of $28 million, while Switzerland experienced a net outflow of $138 million. Additionally, short Bitcoin products had a net inflow of $1.4 million, while XRP and Solana saw net outflows of $56 million and $2.3 million, respectively.

According to the CoinShares research report (Issue 281), last week, digital asset investment products recorded a net inflow of $1.1 billion, the highest weekly level this year. The main reasons were that the U.S. CPI data was lower than expected and signs of a ceasefire in the situation in Iran, leading to a significant rebound in market risk appetite.In terms of asset distribution, Bitcoin led with a weekly inflow of $871 million, accumulating nearly $2 billion year-to-date; Ethereum saw a significant improvement in sentiment with an inflow of $196.5 million, but it still maintained a net outflow year-to-date; XRP had an inflow of $19.3 million; Solana experienced a slight outflow of $2.5 million. Notably, short Bitcoin products had an inflow of $20.2 million during the same period, marking the largest weekly inflow since November 2024, indicating that hedging demand still exists.On a regional level, the U.S. dominated this round of inflows, accounting for 95% of the total at $1.06 billion; Germany, Canada, and Switzerland recorded inflows of $34.6 million, $7.8 million, and $6.9 million, respectively. Trading volume increased by 13% week-on-week, but the weekly trading volume of $2.1 billion remains below the year-to-date average of $3.1 billion, and total assets under management have rebounded to early February levels.