CoinShares Q2 Profit $32.4M, AUM +26% and US Listing Looms

Published: 2025-08-29 23:09:42 |

CoinShares reported Q2 net profit of $32.4 million, up 1.9% year-on-year but down 5.3% quarter-on-quarter. Assets under management (AUM) rose 26% to $3.5 billion, driven by a 29% gain in Bitcoin and a 37% rise in Ethereum prices plus $170 million of net inflows into spot crypto ETPs. Management fees reached $30 million, capital markets income was $11.3 million, and adjusted EBITDA hit $26.3 million. Strategic treasury operations swung from a Q1 loss to $7.8 million in unrealized gains. Additional revenues came from Ethereum staking, delta-neutral trading and lending. CoinShares CEO Jean-Marie Mognetti said a US exchange listing is planned this quarter to tap deeper liquidity and enhance valuations.

Bullish

CoinShares’ strong Q2 results, including a 26% AUM jump, $170 million of spot ETP inflows and a $32.4 million net profit, signal rising demand for Bitcoin and Ethereum. The planned US exchange listing may further boost liquidity and public valuations. Together, these factors are likely to drive positive sentiment and increased buying pressure for BTC and ETH in both the short term and long term.