🚀 CoinShares Withdraws Solana ETF Application from SEC
#CoinShares #Solana #ETF #SEC #Staking #SOL #REXOsprey #Bitwise #Crypto #Investment
According to Odaily, asset management firm CoinShares has officially withdrawn its application for a Solana staking ETF from the U.S. Securities and Exchange Commission (SEC) as of Friday. The filing indicated that the registration statement was initially intended to register shares related to a transaction that ultimately did not take effect, and no shares were sold under this statement, nor will they be sold in the future. Previously, staking SOL ETFs launched by REX-Osprey and Bitwise were listed in the U.S. in June and October of this year, respectively. Despite these related ETF products attracting over $369 million in inflows in November, the price of SOL has recently been underperforming, reaching a five-month low of approximately $120.#CoinShares #Solana #ETF #SEC #Staking #SOL #REXOsprey #Bitwise #Crypto #Investment
🚀 CoinShares Withdraws ETF Applications Amid Strategic Shift
#CoinShares #ETF #XRP #Solana #Litecoin #Bitcoin #SPAC #Nasdaq #CryptoAssets #Blockchain #CryptoInvestment #AssetManagement #FinancialInnovation #SOL #LTC
According to ChainCatcher, CoinShares, Europe's largest digital asset management firm, has officially withdrawn its applications for XRP, Solana Staking, and Litecoin ETFs submitted to the U.S. Securities and Exchange Commission (SEC) as of November 28. The company also announced plans to gradually close its Bitcoin futures leveraged ETF product (BTFX). This decision comes as CoinShares prepares to go public in the United States through a $1.2 billion SPAC merger with Nasdaq-listed Vine Hill Capital, expected to be completed by the end of the year.
Following the merger, CoinShares will join the ranks of the world's top four crypto ETF asset management companies, 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 towards more innovative and higher-profit products. These include tools for exposure to crypto ecosystem stocks, thematic portfolios focused on blockchain innovation trends, and actively managed strategies combining cryptocurrencies with other assets.#CoinShares #ETF #XRP #Solana #Litecoin #Bitcoin #SPAC #Nasdaq #CryptoAssets #Blockchain #CryptoInvestment #AssetManagement #FinancialInnovation #SOL #LTC
🚀 Digital Asset ETPs See Significant Inflows Amid Fed Rate Cut Speculation
#DigitalAssetETPs #Inflows #FedRateCut #CoinShares #Bitcoin #Ethereum #XRP #FederalReserve #InterestRateCut #USMarket #BlockBeats #BTC #ETH
According to BlockBeats, CoinShares' latest weekly report reveals that digital asset exchange-traded products (ETPs) experienced a net inflow of $1.07 billion last week. This marks a reversal after four consecutive weeks of substantial outflows, driven largely by expectations of an impending interest rate cut in the United States following comments from Federal Reserve member John Williams.
Despite low trading volumes during the Thanksgiving week, the United States led global inflows with nearly $1 billion. Bitcoin, Ethereum, and XRP all saw strong inflows, with $464 million, $309 million, and a record $289 million, respectively.#DigitalAssetETPs #Inflows #FedRateCut #CoinShares #Bitcoin #Ethereum #XRP #FederalReserve #InterestRateCut #USMarket #BlockBeats #BTC #ETH
🚀 DATs Face Challenges Amid Market Volatility
#DAT #marketvolatility #digitalassets #SEC #investment #mNAV #equitypremium #cryptomarket #liquidity #bubble #businessfundamentals #CoinShares #Macquarie #CarolAlexander #JamesButterfill #cryptobubble
According to Odaily, DAT offers investors exposure to underlying digital assets by packaging them into securities regulated by the U.S. Securities and Exchange Commission (SEC). The aim is to outperform the underlying assets through strategies that maximize returns. A key metric for assessing DAT's performance is the market net asset value (mNAV), which compares the company's enterprise value to its digital asset holdings.
Investment bank Macquarie highlights that the viability of DAT is closely linked to the equity premium relative to net asset value. If this premium erodes or turns into a discount, the model could face significant challenges. During crypto market downturns, mNAV may fall below 1, indicating that the company's trading price is lower than its crypto asset holdings, potentially forcing DATs to sell some tokens for liquidity.
Carol Alexander, a finance professor at Sussex University, notes that the DAT model seems to attract participants driven by marketing, hype, and easy access to capital, rather than enduring business fundamentals, suggesting the sector is currently in a bubble. James Butterfill, head of research at CoinShares, also states that "the bubble has clearly burst," but anticipates that DAT may evolve in the future. Strategy has announced a $1.44 billion reserve to support dividend payments and debt repayment, aiming to shield itself from market downturns.#DAT #marketvolatility #digitalassets #SEC #investment #mNAV #equitypremium #cryptomarket #liquidity #bubble #businessfundamentals #CoinShares #Macquarie #CarolAlexander #JamesButterfill #cryptobubble
🚀 Digital Asset Treasury Bubble Bursts, CoinShares Report Reveals
#DigitalAssets #Cryptocurrency #Treasury #MarketCorrection #CoinShares #CryptoMarket #InterestRates #Macroeconomics
According to Odaily, CoinShares' Head of Research, James Butterfill, has released a report indicating that the bubble surrounding digital asset treasury companies (DAT) has largely burst. By the summer of 2025, companies that were trading at three to ten times their market net asset value (mNAV) have now fallen to approximately one times or lower. This trading model, which once viewed token treasuries as growth engines, has experienced a significant correction. The future trajectory of these companies depends on market behavior: either prices will drop, leading to disorderly sell-offs, or companies will maintain their positions and wait for a rebound. An improved macroeconomic environment and a potential interest rate cut in December could provide support for cryptocurrencies.#DigitalAssets #Cryptocurrency #Treasury #MarketCorrection #CoinShares #CryptoMarket #InterestRates #Macroeconomics
🚀 Digital Asset ETPs See Continued Inflows Amid Improving Market Sentiment
#DigitalAssetETPs #MarketSentiment #CoinShares #Inflows #Bitcoin #XRP #Chainlink #ShortBitcoin #AssetsUnderManagement #Crypto #ETPs #BTC #LINK
According to Odaily, CoinShares' latest report reveals that digital asset exchange-traded products (ETPs) have experienced a second consecutive week of inflows, totaling $716 million this week, indicating a continued improvement in market sentiment. The inflows were distributed globally, with the United States, Germany, and Canada contributing $483 million, $96.9 million, and $80.7 million, respectively. Bitcoin attracted $352 million, while XRP and Chainlink also performed well, recording inflows of $245 million and $52.8 million, respectively, the latter marking a record high. Short Bitcoin products saw outflows of $18.7 million, the largest since March 2025, suggesting that negative sentiment may have reached its lowest point. Although total assets under management have rebounded to $180 billion, they remain significantly below the all-time high of $264 billion.#DigitalAssetETPs #MarketSentiment #CoinShares #Inflows #Bitcoin #XRP #Chainlink #ShortBitcoin #AssetsUnderManagement #Crypto #ETPs #BTC #LINK
🚀 France Adjusts Policy on Retail Crypto Index ETNs
#France #Cryptocurrency #RetailCrypto #ETN #AMF #RegulatoryChanges #UK #NordeaBank #CoinShares #ETP #CryptoETN #EuropeanMarket #CryptoInvestments #RetailInvestors #NordicRegion #CryptoPolicy
According to ChainCatcher, the French Financial Markets Authority (AMF) has recently revised its policy to permit the retail sale of cryptocurrency index ETNs and remove 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 Nordea Bank's plan to offer Bitcoin ETPs in December, marking a regional shift in regulatory approaches.
Data indicates that CoinShares holds a 32% share of asset management in the European cryptocurrency ETP market, with its physical platform seeing a net inflow of $1 billion since the beginning of the year. The European crypto ETN market has recorded an inflow of €2.5 billion this year. These regulatory changes expand the potential market reach, 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.#France #Cryptocurrency #RetailCrypto #ETN #AMF #RegulatoryChanges #UK #NordeaBank #CoinShares #ETP #CryptoETN #EuropeanMarket #CryptoInvestments #RetailInvestors #NordicRegion #CryptoPolicy
🚀 Digital Asset Outflows Continue Amid Market Uncertainty
#DigitalAssets #CryptoOutflows #MarketUncertainty #Bitcoin #Ethereum #XRP #Solana #ETFs #CoinShares #Cryptocurrency #SOL #BTC
According to Foresight News, CoinShares has released its latest weekly report indicating that digital asset products experienced outflows of $446 million last week. This brings the total outflows since October 10 to $3.2 billion, suggesting that market sentiment has not fully recovered. The outflows were predominantly from the United States, while Germany saw continued inflows, highlighting selective buying during recent price weakness. Notably, XRP and Solana ETFs have consistently attracted inflows since their launch, contrasting with the ongoing outflows from Bitcoin and Ethereum during the same period.#DigitalAssets #CryptoOutflows #MarketUncertainty #Bitcoin #Ethereum #XRP #Solana #ETFs #CoinShares #Cryptocurrency #SOL #BTC
🚀 Global Digital Asset Inflows Projected to Reach $47.2 Billion by 2025
#DigitalAssets #GlobalInflows #CryptoMarket #Bitcoin #Ethereum #Ripple #Solana #Altcoins #CryptoTrends #2025Forecast #CoinShares #FundFlows #Blockchain #BTC #SOL #XRP
According to ChainCatcher, CoinShares has released its 2025 Digital Asset Fund Flows Report, projecting global digital asset inflows to reach $47.2 billion, slightly below the record set in 2024. The United States continues to dominate fund flows, while Germany and Canada have shown a significant reversal from outflows in 2024 to strong inflows.
Bitcoin inflows have significantly decreased, whereas Ethereum, Ripple, and Solana have seen substantial growth in inflows, indicating a shift towards certain altcoins. Inflows for other altcoins have decreased by 30% year-on-year.
The beginning of 2026 has also seen a strong start, with $671 million in inflows last Friday. Combined with the previous week's outflows, the cumulative inflows for the week reached $582 million.#DigitalAssets #GlobalInflows #CryptoMarket #Bitcoin #Ethereum #Ripple #Solana #Altcoins #CryptoTrends #2025Forecast #CoinShares #FundFlows #Blockchain #BTC #SOL #XRP
🚀 Digital Asset Investment Products Experience Significant Outflows Amid Fed Rate Expectations
#DigitalAsset #InvestmentProducts #Outflows #FedRate #Bitcoin #Ethereum #Solana #XRP #Sui #MarketTrends #Crypto #CoinShares #BTC #SOL #SUI
According to PANews, recent data from CoinShares reveals that digital asset investment products saw a net outflow of $454 million last week. Over the past four days, the cumulative outflow reached $1.3 billion, nearly offsetting the $1.5 billion inflow recorded at the beginning of the year. This trend is largely attributed to diminished expectations of a Federal Reserve rate cut in March.
The U.S. market experienced 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 saw outflows of $405 million and $116 million, respectively. In contrast, Solana, XRP, and Sui experienced inflows of $32.8 million, $45.8 million, and $7.6 million, respectively.#DigitalAsset #InvestmentProducts #Outflows #FedRate #Bitcoin #Ethereum #Solana #XRP #Sui #MarketTrends #Crypto #CoinShares #BTC #SOL #SUI