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Crypto Firm CoinShares Exercises Option to Buy Valkyrie Funds

Crypto Firm CoinShares Exercises Option to Buy Valkyrie Funds
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Crypto Firm CoinShares Looks to Buy ETFs From Rival Valkyrie

Crypto Firm CoinShares Looks to Buy ETFs From Rival Valkyrie
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Bitcoin funds lose lustre as crypto rally stalls

The last digital asset fund flows report provided by CoinShares shows a sharp retraction from the significant amount of inflows into cryptocurrency. ....

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CoinShares Is Launching an Exchange-Traded Ethereum Product

Olivia Raimonde, Bloomberg News
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CoinShares, a St. Helier, Jersey-based digital-asset investment house with over US$4 billion under management, is launching a physically backed, exchange-traded Ethereum product.
CoinShares Physical Ethereum is the second ETP to be released on the firmâs institutional-grade ETP platform following the launch of its CoinShares Physical Bitcoin (Ticker: BITC) product in January. It will be listed under the ticker ETHE on the SIX Swiss Exchange and has a base fee of 1.25 per cent. Komainu will serve as custodian.
âBringing innovative products like ETHE allows us to continue setting the industry standard for trust and transparency and provide institutions with easy access to industry-leading crypto investment vehicles,â said Townsend Lansing, head of product at CoinShares. ....

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