Bitcoin News Today: CoinShares AUM Soars on Crypto Rally and Strategic Shifts

CoinShares International Limited reported a 26% quarter-over-quarter increase in assets under management (AUM), reaching $3.46 billion in the second quarter of 2025. This growth was driven by rising prices in major cryptocurrencies such as Bitcoin and Ethereum, which rose 29% and 37%, respectively, during the period. The firm's physically backed exchange-traded products (ETPs) saw record inflows, with its spot crypto ETPs attracting $170 million in net inflows—second-highest in its history. These inflows contributed to a 25% increase in AUM post-quarter end, attributed to further price appreciation. Valkyrie ETFs, which were recently rebranded under the CoinShares umbrella, played a key role in the surge of inflows [1].

The firm’s financial performance also showed resilience, with net profit reaching $32.4 million in Q2. While this marked a 5.3% decline from Q1, it represented a 1.9% increase compared to the same period in 2024. Asset management fees for the quarter rose to $30 million, up from $28.3 million in Q2 2024. Capital markets income amounted to $11.3 million, down slightly from the previous year. Adjusted EBITDA stood at $26.3 million, with a basic earnings per share of $0.49. Treasury performance also improved significantly, with unrealized gains of $7.8 million in Q2, reversing a $3 million loss recorded in Q1. This turnaround reflected improved market conditions and strategic adjustments to the firm’s holdings [2].

CoinShares’ Capital Markets unit demonstrated solid performance, with ETH staking being the top contributor, generating $4.3 million in income. Delta-neutral trading and lending added $2.2 million and $2.6 million, respectively. While liquidity provisioning income dipped to $1.5 million, the firm noted that the decline aligned with a modest reduction in investor trading activity early in the quarter. The business unit’s diversified approach to generating income has allowed it to maintain resilience in fluctuating market conditions. Looking ahead, CoinShares is focused on expanding its Capital Markets offerings, supported by improving market sentiment and increased institutional engagement [2].

The firm’s BLOCK Index also outperformed traditional benchmarks during the quarter, delivering a 53.7% return. This performance exceeded both Bitcoin’s 29% and major equity indices like the S&P 500 and MSCI World. The index’s success highlights CoinShares’ ability to generate strong returns through strategic portfolio construction and active management. As digital asset prices continue to rise, particularly in the third quarter, CoinShares’ CEO Jean-Marie Mognetti expressed confidence that the firm is well positioned for a strong second half of the year. Bitcoin reached an all-time high of $124,128 on August 14, while Ethereum reached $4,945 on August 24, indicating continued investor optimism [1].

Looking to the future, CoinShares is preparing for a U.S. listing as part of its strategy to expand beyond Europe. The firm, currently listed on Nasdaq Stockholm, aims to leverage the deeper capital markets and favorable regulatory environment in the U.S. to unlock additional value for shareholders. Mognetti cited recent U.S. listings by firms like Circle and Bullish as evidence of the potential for substantial appreciation in share value. While the exact timing of the listing remains to be determined, the firm anticipates further clarity during Q3. The regulatory landscape in the U.S. has also become increasingly supportive of crypto innovation, with landmark legislation and a presidential administration that appears to champion the sector. CoinShares aims to capitalize on this favorable environment to drive its next phase of growth [2].

Source:

[1] The Block (https://www.theblock.co/post/368751/coinshares-q2-results-us-listing)

[2] PR Newswire (https://www.morningstar.com/news/pr-newswire/20250829ny61829/coinshares-announces-q2-2025-results)

[3] Yahoo Finance (https://finance.yahoo.com/news/coinshares-announces-q2-2025-results-050000125.html)