{"id":160969,"date":"2023-09-22T19:12:07","date_gmt":"2023-09-22T13:42:07","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=160969"},"modified":"2023-09-22T19:12:07","modified_gmt":"2023-09-22T13:42:07","slug":"crypto-investment-firm-coinshares-opens-hedge-fund-division-for-us-investors-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-investment-firm-coinshares-opens-hedge-fund-division-for-us-investors-crypto-news\/","title":{"rendered":"Crypto investment firm CoinShares opens hedge fund division for US investors &#8211; Crypto News"},"content":{"rendered":"<div data-v-ff33fc9a=\"\">\n<p>Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country\u2019s tough crypto regulation climate.<\/p>\n<p>CoinShares officially <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/09\/22\/2747885\/0\/en\/CoinShares-Launches-Hedge-Fund-Division-Begins-U-S-Expansion.html\">announced<\/a> the news on Sept. 22, stating that the firm will roll out its offerings for qualified U.S. investors for the first time ever.<\/p>\n<p>The new division, called CoinShares Hedge Fund Solutions, is the company\u2019s response to the growing demand for products based on cryptocurrencies like Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">For the first time, CoinShares will be making its offerings accessible to qualified U.S. investors through a range of private investment products.<\/p>\n<p>Learn more about CoinShares Hedge Fund Solutions here: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/pFVbP8IF3P\">https:\/\/t.co\/pFVbP8IF3P<\/a><\/p>\n<p>\u2014 CoinShares (@CoinSharesCo) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CoinSharesCo\/status\/1705184960993165544?ref_src=twsrc%5Etfw\">September 22, 2023<\/a><\/p><\/blockquote>\n<p>\u201cCrypto is full of fleeting promises and momentary successes along the pathway to mass adoption,\u201d CoinShares Hedge Fund Solutions head Lewis Fellas <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/CoinSharesCo\/status\/1705184955997864323?s=20\">said<\/a>. The requirements of institutional cryptocurrency investors are \u201cconstantly evolving with the changing risk landscape,\u201d he noted.<\/p>\n<p>The new hedge fund division will feature crypto investment products aiming to connect traditional investors and the digital asset industry. Without specifying the exact crypto products, the announcement mentioned a wide number of its products coming in the United States, stating:<\/p>\n<blockquote><p>\u201cBy offering a diverse range of products, across the spectrum of beta and alpha strategies with hybrids in between, CoinShares aims to cater to the unique needs of each institution, facilitating the creation of a well-rounded and optimised crypto portfolio.\u201d<\/p><\/blockquote>\n<p>CoinShares Capital, a fully-owned subsidiary of CoinShares and a broker-dealer registered with the United States\u2019 Financial Industry Regulatory Authority, will be conducting marketing activities to qualified U.S. investors for CoinShares Hedge Fund Solutions\u2019 products.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-fund-outflows-reach-nearly-half-billion-dollars-over-9-weeks-coinshares\"><strong><em>Crypto fund outflows reach nearly half a billion over 9 weeks \u2014 CoinShares<\/em><\/strong><\/a><\/p>\n<p>Headquartered in Jersey, CoinShares is one of the world\u2019s largest crypto investment firms, offering a large number of crypto exchange-traded products. The firm debuted its first Bitcoin ETP back in 2015, launching an Ether (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\">ETH<\/a>) ETP in 2017. CoinShares also operates an extensive research division that is focused on analyzing the digital asset market and regularly issuing weekly crypto fund flow reports.<\/p>\n<p>CoinShares\u2019 entrance into the U.S. market comes amid an uncertain regulatory environment in the country.<\/p>\n<p>Coinbase and Binance.US are currently facing lawsuits from the U.S. Securities and Exchange Commission for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/sec-lawsuit-binance-coinbase-crypto-industry-comments\">allegedly offering unregistered securities<\/a>. Amid the regulatory issues at home, Coinbase has been actively pushing global expansion in non-U.S. markets, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/coinbase-near-term-priorities-eu-canada-brazil-singapore-australia\">including the European Union<\/a> and the United Kingdom. According to some reports, Coinbase has also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fortune.com\/crypto\/2023\/09\/22\/coinbase-ftx-europe-derivatives-futures-binance-crypto\/\">tried<\/a> to acquire FTX Europe as it looked to expand its overseas derivatives business.<\/p>\n<p>CoinShares didn\u2019t immediately respond to Cointelegraph\u2019s request to comment.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/crypto-regulation-sec-chair-gary-gensler-final-say\/\"><strong>Magazine: Crypto regulation \u2014 Does SEC Chair Gary Gensler have the final say?<\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country\u2019s tough crypto regulation climate. CoinShares officially announced the news on Sept. 22, stating that the firm will roll out its offerings for qualified U.S. investors for the first time ever. The new division, called CoinShares Hedge [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":160970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-160969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/160969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=160969"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/160969\/revisions"}],"predecessor-version":[{"id":160972,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/160969\/revisions\/160972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/160970"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=160969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=160969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=160969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}