Latest news with #CoinShares
Yahoo
3 days ago
- Business
- Yahoo
Ethereum ETFs Notch Best Day of 2025 as Crypto Price Jumps
Spot Ethereum ETFs had their biggest day of inflows this year on Thursday, as investors piled in to take advantage of prices soaring while the U.S. Congress weighs a crypto bill widely seen as a big boost to the token. The funds pulled in $386 million, marking their biggest day since December, according to London-based crypto investment firm CoinShares. Approved last July, the exchange-traded funds have pulled in more than $3.5 billion so far this year, CoinShares said. Ethereum ETFs have caught fire over the past week as legislators seek to create federal laws regulating so-called stablecoins, which are the most widely used crypto products, according to analysis issued last month by 21Shares. Ether, the token of the Ethereum network, has gained 18% over the past seven days as the GENIUS Act is debated. The funds surged again today, with the $4.8 billion iShares Ethereum Trust (ETHA), the world's largest spot Ethereum ETF, jumping 5.3%. The Act faces an August deadline for action, 'which in my view is providing a structural bid for ETH given its dominant stablecoin market and sophisticated suite of DeFi products,' CoinShares Senior Ethereum Research Associate Luke Nolan said in an email. Still, Ethereum has swung wildly since the ETFs' 2024 debut, and the token, the second-largest cryptocurrency by market cap, has tumbled 12% this year. By contrast, Bitcoin, the biggest cryptocurrency, has gained 22% so far this year as measured by the performance of the iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF. Among yesterday's inflows, more than a third, or $158.6 million, went into ETHA. The second-largest Ethereum ETF, the $3 billion Grayscale Ethereum Trust (ETHE), showed no inflows yesterday, while its cousin and No. 3 Ethereum ETF, the Grayscale Ethereum Mini Trust (ETH), pulled in $18 million, according to FactSet data. ETH charges a 0.15% management fee compared with ETHE's 2.5%. ETHA Net Fund Flows—Source: FactSet Ethereum appears to have momentum at the moment, since weekly inflows as a percentage of total assets are averaging 1.8%, double that of Bitcoin, CoinShares Research Head James Butterfill said in an email. That figure is 'highlighting buoyant sentiment,' he | © Copyright 2025 All rights reserved Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Yahoo
4 days ago
- Business
- Yahoo
Bitwise strengthens European crypto research team with appointment of Max Shannon
Nomination reflects Bitwise's continued commitment to research and education Shannon has strong background in token analysis, data-driven research Bitwise publishes a wide range of research seeking to facilitate investor access to rapidly growing digital finance asset class 10 July 2025. London: Bitwise is pleased to announce the appointment of Max Shannon as Senior Research Associate within its European research team. The move reinforces Bitwise's ongoing commitment to research and investor education, aimed at making crypto assets more widely accessible to the investment community and support its suite of German domiciled crypto exchange traded products (ETPs), which includes single asset strategies such as Bitcoin, Ethereum and Solana, diversified crypto baskets, and index-based staking ETPs. Shannon brings a strong background in token analysis, crypto equities, and data-driven research, and will play a key role in expanding Bitwise's thought leadership in crypto investing. Prior to joining Bitwise, Shannon served as a Crypto & Equity Research Analyst at CoinShares, where he specialized in liquid tokens and publicly listed crypto-related companies. His expertise in Python programming and his hands-on experience analyzing large financial datasets make him a strong fit for Bitwise's data-centric research approach. In his new role, Shannon will report directly to Dr. André Dragosch, Head of Research, Europe at Bitwise, who said: Max's dual strengths in granular token evaluation and quantitative data analysis align perfectly with our commitment to rigorous, research-first investment strategies. His appointment further strengthens our capabilities in altcoin research and underscores our dedication to delivering institutional-grade insights to our European clients and the investment community.' Shannon said: 'I'm excited to join such a dynamic and innovative firm as Bitwise, and to work alongside a team of true crypto experts. Being part of a company that places research and investor education at the core of its mission is a unique opportunity for me, and I look forward to contributing to the continued expansion of that vision.' Bitwise made its debut on the European market on 18 June 2020, and its portfolio of products has expanded rapidly since then. Its products are designed to integrate seamlessly into traditional portfolios, offering exposure to crypto assets through regulated vehicles— without the operational risks of holding a physical wallet. Based on the country of residence and other applicable local requirements, some of the current offerings may be suitable to individual investors and available via leading brokerage platforms, with features such as physical redemption included as standard. Bitwise publishes regular freely available analysis on the latest developments in the crypto sector, including a weekly commentary, special reports and deep dives on specific topics. Examples are the weekly Crypto Market Compass, the monthly Bitcoin Macro Investor report and the Crypto Market Espresso, an ad-hoc publication focused on market-relevant crypto news and timely insights. Register here or follow our Linkedin newsletter if you'd like to be notified by email when new market commentary and research updates become available. All research is available on the insights section at About Bitwise Bitwise is one of the world's leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence, managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe. In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe's most traded bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index. This family of crypto ETPs is domiciled in Germany and issued under a base prospectus approved by BaFin. We exclusively partner with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians. Our European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature. For more information, visit Media contacts:JEA AssociatesJohn McLeod00 44 7886 920436john@ Important information The information contained in this press release is for information purposes only and does not constitute investment advice, opinions are those of Bitwise and do not constitute an offer or solicitation to buy any financial products or cryptocurrencies. This press release is issued by Bitwise Europe GmbH ('BEU'), a limited company domiciled in Germany, for information only and in accordance with all applicable laws and regulations. BEU gives no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that certain products may not be available in all jurisdictions or may be offered exclusively to professional or qualified investors, as defined under applicable laws and regulations, including MiFID II (EU), the Financial Services and Markets Act (UK), and the Swiss Financial Services Act (FinSA). Investors should consult their legal or financial advisors for guidance before making any financial decision. For more details, please visit our website or contact us directly via europe@ Before investing in crypto Exchange Traded Products ('ETPs'), potential investors should consider the following: Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. Diversification does not guarantee a profit or protect against a loss. ETPs issued by BEU are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency. Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
4 days ago
- Business
- Yahoo
Bitwise strengthens European crypto research team with appointment of Max Shannon
Nomination reflects Bitwise's continued commitment to research and education Shannon has strong background in token analysis, data-driven research Bitwise publishes a wide range of research seeking to facilitate investor access to rapidly growing digital finance asset class 10 July 2025. London: Bitwise is pleased to announce the appointment of Max Shannon as Senior Research Associate within its European research team. The move reinforces Bitwise's ongoing commitment to research and investor education, aimed at making crypto assets more widely accessible to the investment community and support its suite of German domiciled crypto exchange traded products (ETPs), which includes single asset strategies such as Bitcoin, Ethereum and Solana, diversified crypto baskets, and index-based staking ETPs. Shannon brings a strong background in token analysis, crypto equities, and data-driven research, and will play a key role in expanding Bitwise's thought leadership in crypto investing. Prior to joining Bitwise, Shannon served as a Crypto & Equity Research Analyst at CoinShares, where he specialized in liquid tokens and publicly listed crypto-related companies. His expertise in Python programming and his hands-on experience analyzing large financial datasets make him a strong fit for Bitwise's data-centric research approach. In his new role, Shannon will report directly to Dr. André Dragosch, Head of Research, Europe at Bitwise, who said: Max's dual strengths in granular token evaluation and quantitative data analysis align perfectly with our commitment to rigorous, research-first investment strategies. His appointment further strengthens our capabilities in altcoin research and underscores our dedication to delivering institutional-grade insights to our European clients and the investment community.' Shannon said: 'I'm excited to join such a dynamic and innovative firm as Bitwise, and to work alongside a team of true crypto experts. Being part of a company that places research and investor education at the core of its mission is a unique opportunity for me, and I look forward to contributing to the continued expansion of that vision.' Bitwise made its debut on the European market on 18 June 2020, and its portfolio of products has expanded rapidly since then. Its products are designed to integrate seamlessly into traditional portfolios, offering exposure to crypto assets through regulated vehicles— without the operational risks of holding a physical wallet. Based on the country of residence and other applicable local requirements, some of the current offerings may be suitable to individual investors and available via leading brokerage platforms, with features such as physical redemption included as standard. Bitwise publishes regular freely available analysis on the latest developments in the crypto sector, including a weekly commentary, special reports and deep dives on specific topics. Examples are the weekly Crypto Market Compass, the monthly Bitcoin Macro Investor report and the Crypto Market Espresso, an ad-hoc publication focused on market-relevant crypto news and timely insights. Register here or follow our Linkedin newsletter if you'd like to be notified by email when new market commentary and research updates become available. All research is available on the insights section at About Bitwise Bitwise is one of the world's leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence, managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe. In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe's most traded bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index. This family of crypto ETPs is domiciled in Germany and issued under a base prospectus approved by BaFin. We exclusively partner with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians. Our European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature. For more information, visit Media contacts:JEA AssociatesJohn McLeod00 44 7886 920436john@ Important information The information contained in this press release is for information purposes only and does not constitute investment advice, opinions are those of Bitwise and do not constitute an offer or solicitation to buy any financial products or cryptocurrencies. This press release is issued by Bitwise Europe GmbH ('BEU'), a limited company domiciled in Germany, for information only and in accordance with all applicable laws and regulations. BEU gives no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that certain products may not be available in all jurisdictions or may be offered exclusively to professional or qualified investors, as defined under applicable laws and regulations, including MiFID II (EU), the Financial Services and Markets Act (UK), and the Swiss Financial Services Act (FinSA). Investors should consult their legal or financial advisors for guidance before making any financial decision. For more details, please visit our website or contact us directly via europe@ Before investing in crypto Exchange Traded Products ('ETPs'), potential investors should consider the following: Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. Diversification does not guarantee a profit or protect against a loss. ETPs issued by BEU are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency. Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks.
Yahoo
5 days ago
- Business
- Yahoo
Bitcoin, Ether, Solana, XRP ETFs See Record AUM as Traders Warn of ‘Summer Lull'
Bitcoin (BTC) is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. President signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over tech regulations. The rhetoric sent asian equities lower for a third time in four sessions, pushed copper futures down in London, and dragged U.S. equity futures into the red. Yet bitcoin remained largely unfazed, suggesting crypto investors are either discounting the macro noise or viewing BTC as increasingly insulated from global policy risk, some opined. 'Bitcoin's slight price drop from Trump's tariff plans showcases the digital asset's resilient nature and long-term investor confidence,' said Han Xu, Director at HashKey Capital, said in a Telegram message. 'We're optimistic this trend will continue even amid short-term volatility.' Still, there's clear hesitation at these levels. 'Buyers are quickly letting off steam,' noted FxPro's Alex Kuptsikevich. 'BTC keeps getting pushed down near $110K, and while the 50-day moving average is attracting dip buyers, sellers are just as active.' He added that overall market capitalization, while still up 1.8% on the week, slipped 0.6% in the past 24 hours to $3.35 trillion, signaling another 'bout of indecision' at the top. That choppiness persists even as crypto ETF inflows continue. CoinShares reported its 12th consecutive week of net inflows, with nearly $1 billion entering crypto funds last week, and over $790 million of that amount going into bitcoin. Ether(ETH)-tracked products brought in $226 million, Solana's SOL (SOL) $22 million, and XRP (XRP) $11 million. Total ETF assets under management have reached an all-time high of $188 billion. But under the hood, there are signs of fatigue. Bitcoin's on-chain activity and implied volatility have dropped to their lowest in nearly two years, according to The Block. Glassnode called it a 'summer lull,' pointing to collapsing trading volumes and a rising concentration of unrealized gains among long-term holders, or factors that could trigger a sharper move if sentiment turns. Despite the lack of momentum, markets remain firmly risk-on, just nervously so. 'Capital continues to move away from the 200-day moving average,' Kuptsikevich added, 'which shows the market still leans bullish. But any shift in tone could lead to quick profit-taking.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
6 days ago
- Business
- Crypto Insight
Crypto funds post $1B inflows with net assets breaking new highs
Cryptocurrency investment products clocked another week of inflows last week, even as volatility persisted across major digital assets, including Bitcoin and Ether. Global crypto exchange-traded products (ETPs) recorded $1.04 billion of inflows for the trading week ended Friday, CoinShares reported on Monday. With the fresh inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historical high just under $19 billion, said CoinShares' head of research, James Butterfill. Assets under management (AUM) in crypto ETPs reached $188 billion, up from last week's $184.4 billion, marking another new high. Bitcoin leads inflows with $790 million Bitcoin ETPs led the way last week, posting $790 million of inflows, or 76% of total crypto ETP inflows last week. BTC ETP inflows slowed from the previous three weeks, which averaged $1.5 billion of inflows weekly, Butterfill noted. 'The moderation in inflows suggests that investors are becoming more cautious as Bitcoin approaches its all-time high price levels,' he wrote. Shift to Ether ETFs? Ether ETPs followed with $225 million of inflows, marking an 11th consecutive week of inflows. 'On a proportional basis, weekly inflows during this run have averaged 1.6% of AUM, significantly higher than Bitcoin's 0.8%,' Butterfill observed, suggesting that there has been a 'notable shift in investor sentiment in favour of Ethereum.' The majority of crypto inflows last week were handled through BlackRock's crypto funds, which saw $436 million in inflows, or 42% of all last week's inflows by issuers. US tops inflows despite the July 4 break Regionally, crypto ETP inflows remained largely concentrated in the United States, even though US stock markets were closed on Friday in observance of the July 4th Independence Day holiday. According to CoinShares, the US led with $1 billion in inflows, while Germany and Switzerland followed with$38.5 million and $33.7 million, respectively. On the other hand, sentiment remained weak in countries like Canada and Brazil, which saw outflows of $29.3 million and $9.7 million, respectively. Canada's weak sentiment came despite the Canadian issuer 3iQ launching the spot XRP exchange-traded fund on the Toronto Stock Exchange in mid-June. 'Greed' sentiment strong amid volatility spike While Bitcoin ETPs experienced a slowdown in inflows, the overall sentiment on the market remained bullish last week. According to data from the Cryptocurrency Fear & Greed Index was firmly in 'Greed' last week, with a score of 66. The sentiment remained positive despite significant volatility in Bitcoin, which saw its price drop to as low as $105,400 last Tuesday and subsequently surged above $110,000 last Thursday, according to CoinGecko data. Following Bitcoin's trend, the Ether price also briefly tumbled below $2,400 last Tuesday and then surged above $2,620 on July 3. Source:
