Category: Coinshares

CoinShares to acquire blockchain equity index from Alan Howard’s Elwood

CoinShares to acquire blockchain equity index from Alan Howard’s Elwood

Europe’s largest crypto asset manager CoinShares is set to acquire the exchange-traded fund (ETF) business of Elwood Technologies, which is owned by hedge fund heavyweight Alan Howard, for $17 million. Elwood was founded in 2018 and together with Invesco, the asset management firm, launched the Invesco Elwood Global Blockchain Equity UCITS ETF, which sought to […]

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Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data […]

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As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core […]

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Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically […]

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CoinShares Lists Crypto ETPs for Bitcoin, Ethereum, and Litecoin on Börse Xetra Exchange

Crypto ETPs are making their way to the European market quite fast. Europe’s largest crypto investment firm CoinShares announced that three of its physically-backed crypto ETPs have been listed on Germany’s much popular Börse Xetra exchange. Thus, shares of CoinShares Physical Bitcoin, CoinShares Physical Ethereum, CoinShares Physical Litecoin ETP shall be traded on the exchange. These […]

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Breaking: CoinShares Launch Physically Backed Litecoin (LTC) ETP

Coinshares, the leading European Crypto asset manager has launched its third crypto ETP in the form of physically-backed Litecoin ETP. The newly launched ETP would trade under the Tickr symbol of LITE which would be initially listed on Switzerland’s regulated crypto exchange Swiss SIX exchange. Each share of the Litecoin ETP would represent 0.2 LTC […]

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CoinShares doubled earnings in 2020 after fourth quarter bitcoin surge

CoinShares, Europe’s largest crypto asset manager, doubled its earnings in 2020 after surging crypto markets drove significant growth in its assets under management. The company, which recently went public through a listing on Sweden’s Nasdaq First North Growth Market, has filed financial results for the year ended December 31, 2020. The filings show that CoinShares’ […]

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British financier Alan Howard revealed as fourth-largest shareholder of digital asset manager CoinShares

Recent filings reveal that billionaire financier Alan Howard, co-founder of the hedge fund Brevan Howard, owns a significant stake in CoinShares, Europe’s largest crypto asset manager. CoinShares recently went public through a heavily oversubscribed listing on Sweden’s Nasdaq First North Growth Market. The shares for CoinShares International Limited began trading on March 11. CoinShares’ website […]

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Crypto asset manager CoinShares begins trading on Nasdaq in Sweden

CoinShares, Europe’s largest crypto asset manager, has officially gone public through a listing on the Nasdaq First North Growth Market. The firm’s shares began trading under the ticker CS at 9 a.m. CET Thursday morning. CoinShares published a series of tweets this morning announcing that it would begin trading after an “oversubscribed IPO”. The company […]

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