CoinShares launched a UCITS platform on Tuesday alongside the CoinShares Bitcoin Mining UCITS ETF, targeting Europe's €26.3 trillion ($30 trillion) UCITS ecosystem. The platform addresses institutional investors' mandate constraints that previously prevented holdings in debt securities, even physically backed ones. UCITS — Undertakings for the Collective Investment in Transferable Securities — is a regulatory framework governing investment funds marketable across the European Union.
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. The company stated that the primary barrier to greater investment was the product wrapper, with many investors' mandates preventing holdings in debt securities.
"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.
CoinShares Bitcoin Mining UCITS ETF Begins Trading on Deutsche Börse Xetra
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.
CoinShares Reports $165.7 Million Revenue in 2025
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.
FAQ
What did CoinShares launch on Tuesday?
CoinShares launched a UCITS platform on Tuesday alongside the CoinShares Bitcoin Mining UCITS ETF. The platform targets Europe's €26.3 trillion ($30 trillion) UCITS ecosystem, positioning the firm to serve major institutional investors including pension funds, insurers, and private banks.
Why did CoinShares create the UCITS platform?
CoinShares created the UCITS platform to remove product wrapper constraints that prevented institutional investors' mandates from holding debt securities, even physically backed ones. The UCITS format allows CoinShares to serve investors in a structure their mandates already accommodate.
When did the CoinShares Bitcoin Mining UCITS ETF begin trading?
The CoinShares Bitcoin Mining UCITS ETF began trading on Deutsche Börse Xetra on Tuesday, per the company's statement released the same day.
