CoinShares Q1 net profit falls to $24M

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"Due to broader market corrections — including a 12.1% decline in Bitcoin prices — assets under management (AuM) fell 10.7%, closing Q1 at $1.52 billion.”Related: Robinhood beats Q1 estimates despite revenue, crypto trading dipCrypto companies show mixed results during market upheavalThe first wave of Q1 2025 earnings from crypto firms suggests a broadly negative quarter, with revenue declines across sectors.

CoinSharesIn a letter to shareholders, the company's CEO, Jean-Marie Mognetti, said macroeconomic headwinds during the quarter exceeded market movements.“What we are witnessing is not mere market volatility — it is a wholesale transformation of the global economic order.”According to Mognetti, Ether's underperformance over the quarter led to $23 million in outflows from its CoinShares Physical Staked Ethereum ETP (ETHE).

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.

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Article Details

Author / Journalist: Cointelegraph by Christopher Tepedino

Category: Crypto

Markets: United States

Topics: Bitcoin Million Ebitda 2025 Fell Coinshares’s Revenue Market Coinshares Quarter Profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 22:33:32 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28688650

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 29 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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