🚨 CoinShares is proud to announce the completion of its acquisition of Valkyrie Funds LLC, the investment advisory business of Valkyrie Investments Inc. and the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed Bitcoin ETF.
Read more:
7/ To enter the
@CoinSharesCo
@Etherlambos
giveaway, you must:
✅Follow us on Twitter
☑️Follow EtherLambos on Twitter
💬Reply to this tweet
We’ll pick 25 random winners at noon EST Friday Aug 26.
We’ll notify winners via DM, and you’ll have 48 hours to claim your prize.
CoinShares has over $4B of assets under management on its platform, of which approximately two thirds is in Bitcoin exposure, and a growing share in Ethereum.
Today marks the launch of our newest product, a Litecoin ETP 👩🏾🚀
As we continue to diversify our product offering, we are focused on providing exposure to those assets that resonate most with our client base.
XRPL is CoinShares' second product launch of Q2, providing investors exposure to $XRP.
Could
@chainlink
be on track to see a 40% network increase this year?
Leading in transactions, value secured, partnerships & network effects, $LINK is paving the way for industry growth.
Discover our investment case:
#crypto
#cryptonews
#chainlink
Our CSO
@Melt_Dem
will join
#crypto
experts at
@RealVision
's The Crypto Gathering on 6/29 & 6/30. Like this post for a chance to win tickets and a CoinShares swag bag. More info on the conference here:
The “death-cross”, which
#Bitcoin
has just pushed through, has grabbed the media's attention in recent days. So we ran the numbers to check statistical/investment validity. We conclude that it is not a consistent downside price predictor over 1, 3, 6 and 12 month periods.
Is
@tezos
one the most innovative blockchain yet?
With a unique Liquid Proof of Stake protocol, smart rollups, regular upgrades and speed improvements, XTZ is enjoyed by content creators, especially for NFTs.
Find out its strenghts and weaknesses:
1/ A THREAD + GIVEAWAY! In 2018,
@CoinSharesCo
partnered w/
@EtherLambos
to create the first corporate NFTs for our “Crypto Lambo Moon” themed party.
The model CoinShares Etherlambo is a rare mint of 200 digital cars, issued on the Ethereum blockchain.
Yes, bitcoin miners are shutting down hardware and leaving the network.
No, this will not cause a "death spiral."
Arm yourself with the facts about bitcoin mining:
If you think Bitcoin is just a currency, you're missing the bigger picture
Bitcoin is playing a high-stakes game of tri-dimensional chess on monetary, ideological & societal planes 🤺
[1/6] Bitcoin’s energy usage and its indirect environmental impact has always been a topic of discussion. We at CoinShares Research developed a comprehensive model to estimate emissions and created our own data collection framework to populate it.
1/ Have you invested in crypto assets?
Then you may want to seek help.
According to
@TheFCA
, doing so is comparable to “behaviours seen among problem gamblers.” 🤔 ()
Keep reading for a closer look at
@TheFCA
's superficial research on crypto holders 👇
Looking for some insight on the true environmental and social impacts of Bitcoin mining? Check out this piece from our Head of Research
@C_Bendiksen
Cc:
@elonmusk
Link:
We are pleased to announce that we have exercised the option to acquire the U.S.-based digital asset manager
@ValkyrieFunds
LLC, whose Spot Bitcoin ETF (Valkyrie Bitcoin Fund) was approved this week.
This move not only reaffirms our desire to bring our long-time expertise in…
1/ As the
#LNTrustChain
torch makes its rounds (w/ our
#reckless
👩🚀
@Melt_Dem
today), let’s look at the 🔥 growth of the
#LightningNetwork
over the last year ⚡⛓
We’ve seen the network spread as more people discover the tech via new use cases and interesting stunts.
.
@Apple
quietly introduces new
#bitcoin
icons and CryptoKit framework so developers can more easily integrate cryptographic functions and public-private key management into their apps... ()
Bullish for Plan ₿? 🤔
via
@CCNMarkets
🚨
@TheFCA
is planning to ban access to cryptoasset investment products.
The regulator’s evidence base for such a ban demonstrates a worrying lack of understanding.
Act now to help us stop these concerning proposals:
⚛️ By creating a network of interconnected blockchains,
@cosmos
has the potential to become the future of the internet. Its innovative set of tools and protocols, along with its native currency, $ATOM, make it an ecosystem of choice for developers and investors.
Our crypto guide…
5/ Of the 180 remaining CoinShares EtherLambos, 100 were / will be gifted to current + future CoinShares employees.
We’ll give 20 to the EtherLambos Discord community (special greetings from the
@Etherlambos
team) since communities are the lifeblood of projects like these.
Bitcoin miners' annual revenues are down slightly from 2018, yet the network continues to grow – over 80% since June.
Where is this hash power being deployed? What does it mean for Bitcoin's energy consumption & renewables mix?
Find out in the latest Bitcoin mining report.
Over the last decade, Bitcoin went from...
💾 blockchain size: <1MB ➡ 257GB
💳 txns per day: 191 ➡ 300k
📈 total txns: 34k ➡ 490M
⛏ miners revenue per day: $0 ➡ $14M
💲 BTC/USD market price: <$0.01 ➡ $8,021
Wonder where we'll be 10 years from now? 🤔
source:
@blockchain
[1/4] We're excited to announce the launch of the world’s first physically-backed crypto exchange traded products (ETPs) with transparent staking rewards and management fees reduced to zero. To read the full announcement, click here:
We are excited to announce
@CoinSharesCo
has joined
@Blockstream
's Liquid network
"Liquid helps extend our trading environment with the agility of a commodity house and the sophistication of an algorithmic trading firm."
We are *giving away* some rare JPEGs
One more day to participate in the
@Etherlambos
giveaway! 25 winners will get a 2018 CoinShares Etherlambo delivered to their lunar garage... 👇
1/ A THREAD + GIVEAWAY! In 2018,
@CoinSharesCo
partnered w/
@EtherLambos
to create the first corporate NFTs for our “Crypto Lambo Moon” themed party.
The model CoinShares Etherlambo is a rare mint of 200 digital cars, issued on the Ethereum blockchain.
3/ CryptoLamboMoon was a success and fun was had by all!
The toy Lambo moved into the CoinShares office, and for the next three years, we forgot about the 200 EtherLambos we had minted….
Until last week, when we reconnected with the EtherLambos team...
It's a big week ahead for all things
#crypto
as Coinbase $COIN gears up for its public listing and markets reach new highs.
Join our CSO
@Melt_Dem
bright and early on
@SquawkCNBC
to talk bitcoin, Coinbase, CoinShares ($CS) and much more
[2/6] Some highlights from the report include: At an annualised energy draw of 89 TWh (December 2021), the Bitcoin mining network uses approximately 0.05% of the total energy consumed globally, measured at 162,194 TWh (2019).
2/ We tried to wrap an actual Lamborghini and put it on the roof of the event venue but it was too expensive. So we thought, why not embrace the blockchain?
We created a “Lunar Garage” at the event where people could claim their digital car, and brought in a toy Lambo.
1/ In 2019, our Capital Markets desk traded $3B in notional volume.
This year, we are on pace to treble this volume.
Two massive growth factors
(1) technology driving changes in market structure, and
(2) increased real-time connectivity between firms
🚀Exciting update!
@CoinSharesCo
secures an option to acquire
@ValkyrieFunds
, uniting our strengths to create a global one-stop-shop in digital asset investments. This marks a strategic leap towards market leadership and bolsters our strong presence in the U.S.!…
"The idea of Peer-to-Peer Digital Money that is borderless, that is supranational... that is not controlled by one specific individual or one specific group, that's a really powerful concept.
That's what really made Bitcoin click for me."
@Melt_Dem
Full interview on
@RealVision
Can bitcoin be a systemic hedge if we’re dependent on financial institutions to holds our coins, and we trade depository receipt?
@Melt_Dem
highlights how technology and regulation shape market structure in our series on capital markets.
6/ We’re giving away another 25 to our followers on Twitter! (see next tweet)
The remaining Lambos will live in the CoinShares Lunar Garage on
@opensea
(you can see the Garage here at )
4/ We would love to say we were prescient, but we were having fun! NFTs are having a moment, and collectors are looking to add a CoinShares EtherLambo to their garage.
So we thought it would be fun to give some away.
Here's our plan – full transparency! (also, blockchain…)
We are pleased to announce the results of the CoinShares IPO ahead of our intended listing on
@Nasdaq
First North Growth Market, including an oversubscription of 2,046% of the shares available to retail investors.
Learn more at:
#coinshares
#ipo
#crypto
Last week, digital asset fund flows saw inflows after 6 weeks of outflows.
Notably,
@Solana
saw the largest inflows of any digital asset last week.
Read the latest and subscribe for weekly updates 👇
Investors took advantage of the decline in
#bitcoin
with weekly
#crypto
investment vehicle inflows reaching a record of $1.31B. Our investment strategist James Butterfill discusses this further in
@Reuters
1/ With
@TheRealBlockFi
's earlier announcement re: interest accounts (), this seems like a good time to share a little table we've been working on for an upcoming blog post.
At least 16% of circulating
#bitcoin
supply is already in third-party hands 👇
Today we are launching the BlockFi interest Account (BIA). Users can securely store Bitcoin or Ether at BlockFi and receive 6% annual interest, paid monthly in cryptocurrency! BIA interest compounds monthly, delivering an industry-leading APY of 6.2%.
I’m not sure if we’re more excited about the talks, memes or SWAG at
#MCC2019
seriously folks, take a look at what the
@magicalcrypto
have pulled together...
“We expect a number of institutional investors to now begin to think about buying these products, because they’re fantastic access tools, at the intersection of TradFi and crypto.”
Get our Head of Product
@TownsendLansing
's perspective following the approval of spot $BTC ETFs.
🟢 2024 is off to a strong start, with US$151 million in inflows! Total inflows since the Grayscale vs SEC lawsuit now stand at US$2.3 billion.
Notable asset inflows include:
$BTC: US$113m inflows
$ETH: US$29m inflows
$ADA: US$3.7m inflows
$AVAX: US$2m inflows
$LTC: US$1.4m…
[3/6] At an annualised emissions rate of 41 Million tonnes CO2, the global Bitcoin mining industry has a small environmental footprint relative to the Aviation Industry, Marine Transport Sector, Air Conditioners and Electric Fans, Data Centers, and Tumble Dryers.
For those that say
#bitcoin
's Proof-of-Work algorithm is wasteful because of the energy it consumes... 🤦♂️
@C_Bendiksen
breaks down why you're wrong on the CoinShares blog 👉
The case for decentralized, permission-less blockchains is clear, yet anything but simple.
We want to express our sincere gratitude to
@coincenter
and
@BlockchainAssn
for all their hard work in advocacy & education, which is evident on Capitol Hill today:
1/ Proud to announce that CoinShares Ventures has made its first investment in Turkey - we look forward to working with
@menapayio
to bring a new digital finance platform to the MENA region
Our team at CoinShares Ventures is excited to back
@Compass_Mining
as they build a new marketplace to support the growth of the bitcoin mining ecosystem for institutions and individuals alike.
More here 👇🏾
$1 in 1917 would be equivalent to $20 in 2019.
What's that *really* mean?
It means that today's prices are 1900% higher than average prices from 1917 📈
Surely we're missing something... but can someone remind us again why this is considered a good store of value? 🤔
1/ Bitcoin’s volatility is often cited as an impediment to adoption.
Our research team analyzed
#bitcoin
volatility and what other asset classes can teach us about what we might expect in the future.
Read it here, or follow the thread:
[1/5] We are excited to announce that we've partnered with
@FTX_Official
and our first initiative is to launch a physically staked Solana ETP with SOL1mn seed capital, Staking Rewards of 3.0% p.a, and a reduced management fee of 0.0% p.a.
If blockchains are networks, and networks are ultimately just strong communities, then we’re losing the most important battle there is: the fight for hearts and minds.
Good food for thought from
@Melt_Dem
and
@_jillruth
on
@laurashin
’s Unchained podcast:
[5/6] The potential for miners to reduce the carbon footprint of flared and vented natural gas is vast at 78 Mt CO2e in the United States alone. This is enough to completely offset all emissions or even have a positive net emissions impact.
Thank you for tuning in to our earnings presentation and broadcast! If you have a question, message us at or tune in at 1pm ET/6pm GMT to our CSO
@Melt_Dem
's Twitter Spaces open forum discussion. Click here to participate:
We're excited to be founding partners of the
@defialliance
Europe chapter - as Europe’s largest digital asset firm w/ $4.7 billion in AUM supported by billions of dollars in annual trading volumes - we see DeFi being critical to EU crypto market growth!
Our CSO
@Melt_Dem
will be joining
@MelissaLeeCNBC
on
@CNBCTheExchange
today at 1:10 pm ET to discuss investor inflows into crypto, IPOs and listings, and why she believes bitcoin-first companies will outpace banks!
[1/4] We are excited to announce the launch of a physical FTX Token ETP in partnership with FTX Europe and will begin with seed capital of approximately US$40M.
Congrats to our
@CoinSharesCo
Ventures portfolio company,
@_blockdaemon
, on its phenomenal growth and this amazing milestone - blockchain compute continues to be a dynamic and high growth sector where we are actively investing and incubating:
Asset management is going digital, and DeFi is powering the change.
Excited to launch one of the first ever investable indices with
@TokenSets
and the
@indexcoop
.
🟢 ETF approval week inflows: US$1.18 billion.
The record set at the launch of the futures-based
#Bitcoin
ETFs is not broken, but inflows are significant.
↔️ ETP trading volumes, on the other hand, broke a record, trading US$17.5 billion.
— Main beneficiaries —
$BTC: US$1.16…
No doubt you've heard a lot about Bitcoin mining and energy consumption. But is it all accurate? The
#CSResearch
team dug in and discovered some things that may surprise you.
Here's what you need to know:
Excited to announce that the Securities and Exchange Board of India has approved the Invesco CoinShares Global Blockchain ETF Fund of Fund. Learn and read more here:
For questions and queries, email us at press
@coinshares
.com
[1/4] Can't get enough of our asset highlight series? Apparently neither can we. Our
@Algorand
Asset Highlight is now available. Here are some highlights->
Realizing 'monetary policy' = largely unelected officials reacting to the market they created... scary 😱
Realizing 'inflation' = your $$ worth less bc they printed more of it... numbing 😡
Realizing there is a
#Bitcoin
fire-escape in this burning house of fiat... priceless 😎
🟢 Record inflows! Last 10 weeks now total U$1.76bn inflows, the highest on record since October 2021’s futures-based ETF launch in the US.
Week 49 inflows: U$176 million
–
#Bitcoin
–
🟢 $BTC: U$133m inflows
🟢 Short Bitcoin: US$3.6m inflows
🔎 Trading volumes in ETPs remain…
A heartfelt thanks to all of our team members, clients, investors, and supporters as we reach this major milestone.
Today CoinShares became a publicly listed company!
.
@CoinSharesco
and
@compass_mining
are pleased to announce the formation of the Pleb Mining Council, a Bitcoin mining community that believes one ASIC will always equal one vote. Check out more here and join the movement today:
🔵 Our ‘24 Outlook is out!
What can you expect from
#Bitcoin
and the upcoming
#halving
? What could be next for altcoins? Is a change in regulatory stance on the way?
Our researchers take you through their key highlights.
Read the full outlook:
Our Chairman
@dannylmasters
shares his outlook on the year ahead for cryptocurrencies with the CNBC
@PowerLunch
crew
"Bitcoin and Ethereum are inspirational"
🏆 Great news! We are happy to announce that CoinShares has won the
@ETF_Stream
#Award
for the Best Digital Assets ETP of the Year with our Physical Top 10 Crypto Market ETP (CTEN)!
CTEN aims to enhance diversification while being 100% physically backed,…
We are excited to celebrate an important milestone today - CoinShares crosses $5B in assets under management, and crypto markets pass the $2T mark
Crypto is an asset class, and we are excited to be a part of its growth in markets across the globe.
10 years in and the Bitcoin virus is still spreading. What are its implications for investors, global finance, tech & beyond? What will the next 10 years bring?
Join us on Nov 20 for a candid conversation on Bitcoin & digital assets
This isn't your typical "crypto" event... 👇
2019 has been an interesting year for Crypto. 10 years after launching, Bitcoin started the year down 80% against previous all-time highs – only to recover. What are the implications for investors and the tech industry when it comes to crypto?
#TheFutureOf
Just like the internet did not kill companies, Bitcoin and open financial systems will not kill financial institutions.
It will enable new types of companies to grow and make existing ones more resilient.
2019 Crypto Trends Report is available now 👇
Bitcoin correlation to the Nasdaq falls to 34%, the lowest since the
@federalreserve
signaled hiking at the start of 2022.
This decorrelation could continue as the Fed rate hikes slow, further anchoring Bitcoin as an interest rate sensitive asset.
Houston, we're getting closer to liftoff.
Be sure to stop by the Lunar Lounge @ CoinShares Basecamp during
#BlockchainWeekNYC
- we'll have everything you need to relax, recharge and take a break from the frenzy of
#Consensus2019
🗽👩🚀🚀🌕