Crypto asset manager CoinShares is making a strategic leap into Europe’s massive institutional investment sphere by unveiling a new UCITS platform alongside the launch of its first product, the CoinShares Bitcoin Mining UCITS ETF. The platform and fund began trading on Deutsche Börse Xetra on Tuesday, marking a significant step in offering regulated digital asset exposure to pension funds, insurers, and private banks across the European Union.
UCITS — Undertakings for the Collective Investment in Transferable Securities — is a widely recognized regulatory framework that allows qualifying funds to be marketed throughout the EU. CoinShares noted that many institutional investors had been sidelined because their mandates prohibit holdings in debt securities, even those physically backed by digital assets. “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 stated.
Jean-Marie Mognetti, co-founder, president and CEO of CoinShares, emphasized that this launch goes beyond a single product. “This is not simply the launch of another investment product. 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.”
The platform operates with a largely fixed cost base, which the company expects will generate significant operating leverage as additional digital asset and thematic investment strategies are introduced. The move follows a strong financial year for CoinShares, with full-year 2025 revenue exceeding $165.7 million, according to its first annual report since listing on Nasdaq. Its shares closed at $4.11 on Monday.
