coinshares

According to GlobeNewswire, digital asset management company CoinShares and special purpose acquisition company Vine Hill (VCIC) announced that they have submitted a revised F-4 registration statement draft to the U.S. Securities and Exchange Commission (SEC).This submission follows the confidential submission of the initial registration statement draft and represents a continued progress in the transaction regulatory review process. The merger transaction is still proceeding as planned, but it must meet customary closing conditions, including obtaining the approval of CoinShares and Vine Hill's respective shareholders, securing the necessary acts from the Royal Court of Jersey, the effectiveness of the F-4 form, and obtaining approval from local regulatory authorities.It is reported that the relevant hearing is scheduled to be held on February 17, 2026.

According to market news, digital asset investment products recorded an outflow of $1.7 billion last week, resulting in a net outflow of $1 billion year-to-date.Since the price peak in October 2025, the total assets under management (AuM) have decreased by $73 billion. The outflow of funds was primarily concentrated in the United States ($1.65 billion), with significant withdrawals also observed in Canada and Sweden. Bitcoin faced an outflow of $1.32 billion, while other major cryptocurrencies like Ethereum, XRP, and Solana also experienced investor exits.Analysts believe that the appointment of a more hawkish chair by the Federal Reserve, "whale sell-offs" during the four-year cycle, and increased geopolitical volatility are the main factors leading to the shift in market sentiment. Notably, short-selling Bitcoin products and hype investment products performed against the trend, recording inflows of $14.5 million and $15.5 million, respectively, with the latter benefiting from the on-chain sales boom of tokenized precious metals.

According to CoinShares' latest weekly report, digital asset investment products saw a net outflow of $1.73 billion last week, the highest since mid-November 2025.The outflow from the U.S. of nearly $1.8 billion dominated the overall trend, while Switzerland, Germany, and Canada recorded inflows of $32.5 million, $19.1 million, and $33.5 million, respectively. Bitcoin and Ethereum experienced outflows of $1.09 billion and $630 million, performing the worst. Solana saw an inflow of $17.1 million, while Binance and Chainlink recorded inflows of $4.6 million and $3.8 million, respectively.

According to the latest weekly report from CoinShares, last week, the inflow of funds into digital asset investment products reached $2.17 billion, marking the largest weekly inflow total since October 10, 2025.Earlier this week, the inflow of funds was even stronger, but on Friday, market sentiment turned negative, with outflows of $378 million influenced by the escalating diplomatic situation in Greenland and renewed threats of additional tariffs. Additionally, news that Kevin Hassett, a prominent policy dove and a leading candidate for the next Federal Reserve chair, might remain in his current position also put pressure on market sentiment.Regionally, market sentiment was generally positive, with the United States leading the way with an inflow of $2.05 billion, followed by Germany, Switzerland, Canada, and the Netherlands, which saw inflows of $63.9 million, $41.6 million, $12.3 million, and $6 million, respectively. Bitcoin saw an inflow of $1.55 billion, ranking first.Despite the U.S. Senate Banking Committee's CLARITY Act potentially proposing restrictions on stablecoin yields, Ethereum and Solana still recorded inflows of $496 million and $45.5 million, respectively. Many altcoins also experienced inflows, with the most notable being XRP ($69.5 million), Sui ($5.7 million), LIDO ($3.7 million), and Hedera ($2.6 million). Blockchain stocks performed exceptionally well this week, with a total inflow of $72.6 million.

According to market news, CoinShares' latest weekly report data shows that last week, digital asset investment products recorded a net outflow of $454 million, with a cumulative outflow of $1.3 billion over the past four days, nearly offsetting the $1.5 billion net inflow since the beginning of the year. This is mainly due to the weakening expectations of a Federal Reserve interest rate cut in March.The U.S. market saw a net outflow of $569 million, while Germany, Canada, and Switzerland recorded inflows of $58.9 million, $24.5 million, and $21 million, respectively. Bitcoin and Ethereum experienced outflows of $405 million and $116 million, respectively; while Solana, XRP, and Sui saw inflows of $32.8 million, $45.8 million, and $7.6 million, respectively.

According to monitoring by The Data Nerd, Galaxy Digital (0xB68...4174) withdrew 292,000 UNI from Binance, worth $1.83 million, and transferred 492,500 UNI to Coinshares, worth $3 million.

CoinShares released the 2025 Digital Asset Fund Flows Report, indicating that global digital asset inflows reached $47.2 billion in 2025, slightly below the record set in 2024. The United States continues to dominate fund flows, while Germany and Canada have shown a significant reversal, shifting from outflows in 2024 to strong inflows.Bitcoin inflows have significantly decreased, while inflows for Ethereum, Ripple, and Solana have surged, indicating a shift of funds towards certain altcoins, with inflows for other altcoins declining by 30% year-on-year.The beginning of 2026 also saw a strong start, with inflows of $671 million last Friday, and combined with outflows from the previous week, the total inflows for that week reached $582 million.

According to CoinTelegraph, last week, cryptocurrency exchange-traded products (ETPs) recorded a net outflow of $446 million, continuing the cautious trend that has persisted since the significant market adjustment in October.Asset management firm CoinShares stated that the latest round of withdrawals brought the total outflows since October 10 to $3.2 billion, indicating that investor confidence has not yet recovered as the year comes to a close. This week's outflows stand in stark contrast to the $46.3 billion inflow year-to-date (YTD), which is roughly equivalent to the levels expected in 2024.CoinShares' Head of Research James Butterfill noted that year-to-date, total assets under management (AUM) have only increased by 10%, suggesting that "considering the flow of funds, ordinary investors have not achieved positive returns this year."

According to CoinShares monitoring, digital asset investment products recorded an outflow of $446 million last week. By region, the United States was the main area of outflow, recording $460 million in outflows; meanwhile, Germany attracted an inflow of $35.7 million, bringing the total inflow for the month to $248 million, indicating that German investors are taking advantage of the recent price weakness to position themselves.XRP and Solana recorded inflows of $70.2 million and $7.5 million last week, respectively. Since the launch of the U.S. ETF in mid-October, they have attracted inflows of $1.07 billion and $1.34 billion, respectively, in stark contrast to the outflows from Bitcoin and Ethereum.

CoinShares released its latest weekly report indicating that due to the delayed implementation of the U.S. Transparency Act, prolonged regulatory uncertainty, and concerns over large whale sell-offs, digital asset investment products experienced an outflow of $952 million, marking the first outflow in four weeks. The outflow was almost entirely concentrated in the U.S., amounting to $990 million, partially offset by inflows from Canada and Germany.Ethereum saw an outflow of $555 million, while Bitcoin experienced an outflow of $460 million. In contrast, Solana and XRP continued to attract inflows, indicating that investors are selectively supporting Ethereum.

CoinShares officially released the latest weekly report data, indicating that last week, the total inflow of funds into digital asset investment products reached $864 million. This marks the third consecutive week of moderate inflows, reflecting that while the investor community remains cautious, optimism is increasingly growing.Despite the recent interest rate cuts by the Federal Reserve, price performance remains sluggish, with mixed market sentiment on trading days following the cuts and uneven capital flows. Regionally, the U.S. market showed the most positive sentiment, with inflows reaching $796 million last week. Germany ($68.6 million) and Canada ($26.8 million) also saw inflows. These three countries dominated the capital flows this year, accounting for 98.6% of the year-to-date (YTD) inflows.Bitcoin attracted $522 million in inflows, while investment products that short Bitcoin continued to see outflows totaling $1.8 million, indicating a slight recovery in market sentiment. Nevertheless, Bitcoin's performance this year remains relatively lagging, with year-to-date inflows of $27.7 billion, compared to $41 billion in 2024.Ethereum saw inflows of $338 million last week, bringing its year-to-date inflows to $13.3 billion, a 148% increase compared to 2024. Solana's year-to-date inflows remain low at $3.5 billion, but still represent a tenfold increase compared to 2024.Aave and Chainlink attracted inflows of $5.9 million and $4.1 million last week, respectively, while Hyperliquid experienced outflows of $14.1 million.

The French Financial Markets Authority (AMF) recently adjusted its policy to allow the retail sale of cryptocurrency index ETNs and removed the warning label requirement for eligible products. This move aligns with the UK's decision to lift the retail crypto ETN ban in October 2025 and the Nordic bank Nordea's plan to offer Bitcoin ETPs in December, marking a regional regulatory shift.Data shows that CoinShares holds a 32% market share in assets under management in the European cryptocurrency ETP market, with its physical platform seeing net inflows of $1 billion year-to-date. The European cryptocurrency ETN market has recorded €2.5 billion in inflows this year, and these regulatory adjustments broaden the potential market coverage, including 14 million active retail investors in the UK, nearly a quarter of adults in France holding financial investments, and 9 million private clients in the Nordic region.

CoinShares' latest report shows that the tokenized real-world assets (RWA) market is expected to grow significantly by 229% in the 2020s, with this trend anticipated to continue into 2026. U.S. Treasury bonds are the main driver of this growth, increasing from $3.91 billion to $8.68 billion this year, with the Ethereum network dominating.CoinShares analysts state that tokenization has evolved from a niche experiment to a mainstream financial practice, attracting attention from formal financial institutions and regulators. The company predicts that global demand for dollar yields will continue to drive the growth of tokenized government bonds, while settlement, issuance, and distribution will further shift towards blockchain technology.

CoinShares' latest report shows that digital asset ETPs recorded inflows for the second consecutive week, totaling $716 million this week, with market sentiment continuing to improve.The inflows are widely distributed across the globe, with the United States, Germany, and Canada contributing $483 million, $96.9 million, and $80.7 million, respectively. Bitcoin attracted $352 million in funds, while XRP and Chainlink performed well, recording inflows of $245 million and $52.8 million (a record), respectively. Short Bitcoin products saw an outflow of $18.7 million, the largest since March 2025, suggesting that negative sentiment may have bottomed out. Although total assets under management have rebounded to $180 billion, they remain well below the historical high of $264 billion.

According to Cointelegraph, CoinShares research director James Butterfill stated that concerns about Tether's solvency "seem unfounded." He pointed out that Tether's latest financial report shows reserves of $181 billion, liabilities of about $174.45 billion, and a surplus of nearly $6.8 billion. "Although the risks of stablecoins cannot be ignored, the current data does not indicate systemic vulnerabilities," this week, BitMEX founder Arthur Hayes warned that if the value of Tether's reserve assets declines, the company could face serious difficulties, which has once again raised concerns about the financial stability of the stablecoin issuer Tether.

The research director of the cryptocurrency asset management company CoinShares, James Butterfill, released a report stating that the bubble of digital asset treasury companies (DAT) has essentially burst. Companies that were trading at 3 to 10 times their market net asset value (mNAV) in the summer of 2025 have now fallen back to about 1 time or lower. This trading model, which once viewed token treasuries as a growth engine, has undergone a severe correction. The future performance of these companies depends on market behavior: either a price drop triggers disorderly selling, or companies maintain their positions and wait for a rebound. If the macro environment improves and a possible interest rate cut in December occurs, this will provide support for cryptocurrencies.

CoinShares released its latest weekly report, indicating that after four consecutive weeks of significant capital outflows, digital asset ETPs recorded a net inflow of $1.07 billion last week, primarily benefiting from the expectations of an upcoming interest rate cut in the U.S. following comments from Federal Reserve member John Williams.Despite low trading volumes during the Thanksgiving week, the U.S. still led the world with nearly $1 billion in capital inflows. Bitcoin, Ethereum, and XRP all saw strong capital inflows of $464 million, $309 million, and a record $289 million, respectively.

Europe's largest digital asset management company CoinShares has officially withdrawn its applications for XRP, Solana Staking, and Litecoin ETFs submitted to the U.S. Securities and Exchange Commission (SEC) on November 28. The company also announced that it will gradually close its Bitcoin futures leveraged ETF product (BTFX). This decision comes as CoinShares prepares to go public in the U.S. through a $1.2 billion SPAC merger with Nasdaq-listed Vine Hill Capital, which is expected to be completed by the end of this year.After the merger, CoinShares will rank among the top four crypto ETF asset management companies globally, alongside BlackRock, Fidelity, and Grayscale. CoinShares CEO Jean-Marie Mognetti stated that, given the dominance of traditional financial giants in the single-asset crypto ETF market, the company will reallocate resources over the next 12-18 months to more innovative and higher-margin products, including tools for exposure to crypto ecosystem stocks, thematic portfolios focused on blockchain innovation trends, and actively managed strategies that combine cryptocurrencies with other assets.

The asset management company CoinShares withdrew its application for a Solana staking exchange-traded fund (ETF) submitted to the U.S. Securities and Exchange Commission (SEC) on Friday.According to documents submitted to the SEC, the proposed fund's structured transactions and asset acquisitions were never completed. The documents state: "The registration statement is intended to register shares proposed to be issued in connection with a transaction that ultimately did not occur. No shares are being sold under the registration statement, and no shares will be sold."