Crypto News: CoinShares Reports 26% AUM Growth to $3.46B in Q2, Eyes US Listing Amid Bitcoin and Ethereum Highs

Key Takeaways:CoinShares’ assets under management (AUM) surged 26% in Q2 2025 to $3.46 billion, despite outflows in some products.Net profit rose to $32.4 million, marking a sharp recovery from Q1 results.CEO Jean-Marie Mognetti says a US listing could “unlock substantial value” for shareholders.Nearly 100 crypto ETFs are pending SEC approval, signaling rising institutional demand.CoinShares AUM Rises Despite OutflowsDigital asset investment firm CoinShares reported that its assets under management (AUM) rose 26% in Q2 2025, closing the quarter at $3.46 billion. The increase came even as the company faced $126 million in outflows from its XBT Provider products, underscoring how rising crypto prices fueled growth.During the quarter, Bitcoin (BTC) gained 29% and Ethereum (ETH) rose 37%, contributing significantly to CoinShares’ asset growth.CEO Jean-Marie Mognetti said momentum has carried into Q3 as BTC and ETH hit fresh highs in August:“The overall level of activity within the market is setting us up for what we believe to be a strong second half of the year as indicated by performance post quarter end.”Net Profits Strengthen to $32.4 MillionCoinShares reported $32.4 million in net profit for Q2, up 2% from the same quarter last year and 26% higher than Q1’s $24 million. This marked a strong rebound from Q1, when profits fell 42.2% year-over-year.The firm said its asset management platform generated $30 million in fees, led by $170 million of net inflows into CoinShares Physical products. Meanwhile, the capital markets unit added $11.3 million in income, including $4.3 million from Ethereum staking.Preparing for a US ListingMognetti confirmed that CoinShares is preparing for a US market listing, which he believes could “unlock substantial value” for shareholders. The move comes as the company seeks to expand its presence globally amid strong demand for crypto investment products.Nearly 100 Crypto ETFs Await SEC DecisionCoinShares’ US ambitions align with broader institutional trends. Data from Bloomberg’s ETF analyst James Seyffart shows that 92 crypto exchange-traded products (ETPs) are currently awaiting approval from the Securities and Exchange Commission (SEC).This wave of pending ETF applications highlights accelerating institutional adoption of crypto, a trend that could further boost asset managers like CoinShares.