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CoinShares\u2019s net profit dropped 42.2% year-over-year as harsh macroeconomic conditions affected the digital assets industry.<\/p>\n
CoinShares, a digital asset investment firm with offices in the United States and Europe, said<\/a> its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.<\/p>\n Although CoinShares\u2019s profits and EBITDA remained positive in Q1 2025, the margins declined compared to the same period in 2024. Last year, CoinShares posted a net profit of $41.5 million and an EBITDA of $35.5 million in the first three months. Year-over-year, CoinShares\u2019s net profit dropped 42.2% and its EBITDA fell 15.5%.<\/p>\n The firm\u2019s ETPs contributed to the quarter’s performance. For Q1 2025, CoinShares\u2019s ETPs saw net inflows of $268 million, with $202 million coming from its Physical Bitcoin (BITC) ETP. Revenue related to assets under management increased from $24.5 million to $29.6 million, a rise of 20.8%.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n