CoinShares Hits $3.4 Billion in Assets Under Management, Prepares for Wall Street Listing

CoinShares’ assets under management (AUM) have surged to a new record of $3.4 billion, largely fueled by the robust performance of Bitcoin and Ethereum markets. Despite some outflows from legacy products, this growth was driven by market-wide rallies in these leading digital assets. Ethereum particularly experienced impressive gains of 37% during August, setting a new all-time high.