Coinshares Bitcoin ETF Common Shares of Beneficial Interest

CoinShares International is acquiring Bastion Asset Management, a London-based FCA-regulated crypto investment manager, to strengthen its actively managed digital asset capabilities and expand its U.S. market presence.

CoinShares is acquiring Bastion Asset Management, a London-based crypto investment manager, to enhance its actively managed digital asset capabilities and expand its U.S. market presence. The acquisition will integrate Bastion's quantitative investment strategies and experienced team into CoinShares' platform.

CoinShares, a leading European digital asset manager with $10 billion in assets under management, will become publicly listed on Nasdaq through a business combination with Vine Hill Capital, valuing the company at $1.2 billion and positioning it for strategic U.S. market expansion.

The SEC has delayed decisions on XRP ETF applications from multiple firms until October, continuing a pattern of cautious cryptocurrency financial instrument reviews. While ETF approvals are expected, significant price impacts are unlikely due to market anticipation.

CoinShares, a leading global investment firm, has expanded its Swedish XBT Provider platform by launching seven new physically-backed crypto Exchange Traded Products (ETPs). The new ETPs offer investors access to a range of digital assets with competitive management fees and staking rewards.