
CoinShares Secures MiCA License for Broad EU Expansion
CoinShares secured a MiCA license from France’s AMF, enabling crypto services across the EU. This expands their reach in Europe’s €33 trillion asset market.
CoinShares secured a MiCA license from France’s AMF, enabling crypto services across the EU. This expands their reach in Europe’s €33 trillion asset market.
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
Bitcoin faced heavy selling pressure with outflows reaching $571 million. A portion of investors even bet against the flagship cryptocurrency, pouring $2.8 million into short-Bitcoin positions.
CoinShares has outperformed its previous financial records as it posted impressive figures for Q4 2024.
According to CoinShares, Bitcoin will become a top instrument shaping corporate investment strategies.
According to CoinShares Head of Research James Butterfill, the FOMC’s decision to cut interest rates by 50 basis points last Wednesday played a crucial role in boosting market sentiment.
CoinShares has expanded its crypto operations from the European market to the United States through the recent acquisition of Valkyrie’s spot Bitcoin ETF.
Bitcoin saw a resurgence following an assassination attempt on former US President Donald Trump during a campaign event in Pennsylvania.
CoinShares International, a leading digital assets investment company based in Europe, has announced the successful sale of its claim against the now-defunct cryptocurrency exchange FTX.
The collaboration will see Nomura try to launch stablecoins for the yen and the dollar to users in the Japanese market.
Most of the Ether ETF issuers are removing the staking feature from their application as having it would conflict with the SEC’s securities laws.
The first quarter of this year was the strongest quarter ever as the company’s revenue, gain, and other income rose to £43.9 million, which is 216% higher than the same period last year.
Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow.
CoinShares is already integrating Valkyrie into its ecosystem. Both teams are working together to ensure a smooth transition and maintain the high quality of currently existing product offerings.
Being the third lowest performer by trading volume among the 11 spot Bitcoin ETFs that debuted on Thursday, Valkyrie’s spot Bitcoin ETF garnered just under $9 million in trading volume during the day.