Quick Take
- CoinShares is expanding into Europes $30 trillion UCITS ecosystem with the launch of a new platform and the CoinShares Bitcoin Mining UCITS ETF.
- The new platform positions CoinShares to target major institutional investors across Europe, including pension funds, insurers, and private banks.
Crypto asset manager CoinShares is expanding into Europe's €26.3 trillion ($30 trillion) UCITS ecosystem by unveiling a new platform alongside the launch of the CoinShares Bitcoin Mining UCITS ETF.
In a statement released Tuesday, CoinShares said the new platform positions the firm to target major institutional investors across Europe, including pension funds, insurers, and private banks.
CoinShares said that the primary barrier to greater investment was the product wrapper, and many of these investors' mandates prevented holdings in debt securities — even those that are physically backed.
“The UCITS platform removes that constraint, allowing CoinShares to serve those same investors, and the far larger pool of capital behind them, in the format their mandates already accommodate,” the company said in the statement.
UCITS — which stands for Undertakings for the Collective Investment in Transferable Securities — is a regulatory framework governing investment funds that can be marketed across the European Union.
CoinShares' first fund under the new platform, the CoinShares Bitcoin Mining UCITS ETF, began trading on Deutsche Börse Xetra on Tuesday, per the statement.
“This is not simply the launch of another investment product,” said Jean-Marie Mognetti, co-founder, president and CEO of CoinShares. “It marks our entry into the UCITS market with a platform that allows us to develop and launch regulated investment funds under one of the world's most widely recognised fund frameworks.”
CoinShares added that the new platform operates with a largely fixed cost base and is designed to “generate significant operating leverage.” The company said it plans to use the platform to launch additional digital asset and thematic investment strategies over time.
The company saw its full-year revenue top $165.7 million in 2025, according to its first annual report since going public in the U.S. in April. Its Nasdaq-listed shares closed down 2.1% at $4.11 on Monday.
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