coinshares

CoinShares XBT Provider ETPs record trades worth $202M on 2021’s first day

With Bitcoin continuing its impressive rally on the price charts, investors all around the world are participating in trading the digital asset. On the back of the world’s largest cryptocurrency recording a new ATH beyond $35,000, this is likely to be the case in the near-term as well. Europe is no exception to this rule,...
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Bitcoin index funds: Should Grayscale be worried?

2020 has been an incredible year for many firms trying to incorporate Bitcoin into their larger financial systems. Grayscale took the leap first, in the minds of many, with Coinshares and Bitwise making noise as well. These Crypto-Index Funds are regulated and their main focus has been the market’s institutional investors. For context, Grayscale currently...
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Finally, Bitcoin’s FAD status is fading!

It’s not a shock that Bitcoin outperforms many popular assets in the world. In fact, not only does it outperform popular assets but leaves them in its rearview mirror, eating dust. This is not just because bitcoin is a “speculative asset” and it is living in a “bubble”. It’s been more than a decade since...
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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device...
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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also...
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