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Digital asset investment company CoinShares reported that its assets under management (AUM) increased 26% in the second quarter of 2025, closing the period at $3.46 billion.
CoinShares said the AUM increase happened amid a $126 million outflow in its XBT Provider products. Despite this, the company said rising crypto prices contributed to its growth during Q2. The firm pointed to Bitcoin (BTC) gaining 29% and Ether (ETH) being up 37% during the time period.
With BTC and ETH reaching new highs in August, CoinShares chief executive Jean-Marie Mognetti said the company expects a strong second half.
“The overall level of activity within the market is setting us up for what we believe to be a strong second half of the year as indicated by performance post quarter end,” Mognetti said.
He also said the company is preparing for a United States listing, which could “unlock substantial value” for their shareholders.
CoinShares’ net profits increase to $32.4 million in Q2
CoinShares posted a net profit of $32.4 million in Q2, up almost 2% from its $31.8 million in the year-earlier period. The performance also showed a sharp 26% increase from the $24 million net profit reported in the previous quarter.
Its first-quarter performance during the year was a 42.2% decrease from the same period a year earlier.
Mognetti said the space is witnessing a wholesale transformation of the global economic order, adding that macroeconomic headwinds during the quarter exceeded market movements.
In Q2, CoinShares reported that its asset management platform generated $30 million in management fees, led by $170 million of net inflows into its CoinShares Physical products. The company said this was the second-strongest quarter for the business line.
In addition, the company’s capital markets unit delivered $11.3 million in income and gains, anchored by $4.3 million from ETH staking.
Related: Crypto ETPs post $1.4B losses amid recent Bitcoin, Ether sell-offs
Nearly 100 crypto ETFs are in the works in the US
While CoinShares is preparing for its US listing, other companies are joining the crypto exchange-traded product (ETP) race.
On Friday, data from Bloomberg Intelligence’s ETF analyst James Seyffart showed that 92 crypto ETPs are waiting for a decision from the US Securities and Exchange Commission (SEC).
Magazine: BTS Jungkook’s hacker, Ripple backs Singapore payments firm: Asia Express
Unlock the Secrets of Ethical Hacking!
Ready to dive into the world of offensive security? This course gives you the Black Hat hacker’s perspective, teaching you attack techniques to defend against malicious activity. Learn to hack Android and Windows systems, create undetectable malware and ransomware, and even master spoofing techniques. Start your first hack in just one hour!
Enroll now and gain industry-standard knowledge: Enroll Now!
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