CoinShares unveils UCITS platform and Bitcoin Mining ETF
6.9 Investments CoinShares launched a UCITS platform and its first Bitcoin Mining UCITS ETF, enabling Europe’s institutional investors to access digital assets under a recognized regulatory framework.
CoinShares has introduced a dedicated UCITS platform, signaling a strategic expansion into Europe’s €26.3 trillion UCITS fund market. The first product, the CoinShares Bitcoin Mining UCITS ETF, is domiciled in Ireland and began trading on Deutsche Börse Xetra. This ETF physically replicates the CoinShares Bitcoin Mining Index, features a total expense ratio of 0.65%, and is rebalanced quarterly. The platform is tailored for institutional investors such as pension funds, insurers, and private banks, who have traditionally faced restrictions investing in debt-based or physically backed digital asset products. By leveraging the UCITS regulatory framework, CoinShares enables these investors to access digital asset strategies through a widely recognized fund structure. Looking ahead, CoinShares plans to broaden its offerings with additional digital asset and thematic investment strategies. This move marks a significant development in how crypto-native asset managers compete for institutional capital in Europe.
