Regulators starting to take crypto seriously, CoinShares exec says
Regulators don't want to stifle the growth of crypto industry, CoinShares' Meltem Demirors said. The $2.6 trillion market cap peak compelled regulators worldwide to take a serious look at cryptocurrencies, but they also don’t want to stifle a growing industry, CoinShares chief strategy officer Meltem Demirors said.Stating that “uncertainty is the name of the game for the industry,” Meltem Demirors noted that it took over the macro environment for the last few weeks. “Gary Gensler, the chair of the SEC, has indicated he wants to get more serious about regulating crypto exchanges,” she....
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CoinShares FTX Physical Staked Solana will be listed on Germany’s major digital market Xetra and is the fourth ETP rolled out by CoinShares this year. CoinShares, one of the largest crypto investment firms in Europe, and FTX crypto exchange have united forces to launch a new physically-backed Solana (SOL) exchange-traded product (ETP).The new product, titled CoinShares FTX Physical Staked Solana, is launching with 1 million SOL in seed capital, allowing investors to get 3% in staking rewards, CoinShares officially announced on Wednesday. The new cryptocurrency ETP is the first initiative....
Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether and Litecoin ETPs. European digital asset manager CoinShares is expanding the reach of its physically backed exchange-traded product (ETP) portfolio with a new listing in Germany.According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra.The digital asset manager started the year by launching a Bitcoin ETP named CoinShares Physical Bitcoin (BITC) in January. Listed on Switzerland’s SIX Swiss Exchange, each....
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming. Global digital payment giant PayPal might be moving into issuing its own cryptocurrency after officially entering the crypto industry, according to a major industry exec.Meltem Demirors, CSO at digital asset management firm CoinShares, says that she will not be surprised if PayPal issues its own token after the company broke the news of its soon-to-come support for crypto..In an Oct. 21 interview with CNBC’s Fast Money, Demirors claimed that PayPal’s supporting crypto could eventually become a basis for....
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European digital asset manager CoinShares.CoinShares is one of the largest digital asset investment firms in Europe, with net assets exceeding $260 million by the end of 2021. According to CoinShares’ latest fund flows weekly report, digital asset investment....
Latest CoinShares weekly report has revealed a notable shift in last week’s crypto asset investment products, with the first major outflows reported after a prolonged 19-week streak of inflows. CoinShares particularly detailed $415 million in outflows, marking a sharp reversal from the previous weeks’ steady gains. According to James Butterfill, Head of Research at CoinShares, […]