CoinShares Q2 AUM Soars 26% to $3.46 Billion, Driven by Bitcoin & Ethereum Rally

CoinShares has achieved impressive growth in the second quarter of 2025, with its assets under management (AUM) reaching a record high of $3.46 billion, despite facing withdrawals from its XBT products. The company saw strong inflows of $170 million into its physical investment products, while its capital markets arm benefited from Ethereum staking income. CEO Jean-Marie Mognetti also hinted at a potential US listing that could unlock significant value for shareholders.