Looking back on 2025, the sound money, or debasement trade, was decisively won by the metals over bitcoin. Gold delivered one of its best years on record, up 65%, while bitcoin so far is down 7%. Until August, the two assets had similar returns, both up roughly 30%. From that point, gold surged while bitcoin rolled over sharply. This divergence reinforced that gold won the debasement trade narrative leaving bitcoin firmly behind. Bitcoin remains in recovery mode after a 36% correction from its October ...

Core Insights - The article discusses the recent regulatory changes in Europe that are facilitating retail access to crypto exchange-traded notes (ETNs), particularly highlighting CoinShares' strategic position in this evolving market [2][4]. Company Overview - CoinShares International Limited is a leading global asset manager specializing in digital assets, recently announcing a merger with Vine Hill Capital Investment Corp [2]. - The company has a significant presence in the European crypto ETP market, holding a 32% share of total regional assets under management (AUM) [3]. Market Developments - The European crypto ETN market is experiencing a growth phase, with record inflows of €2.5 billion year-to-date [4]. - The UK Financial Conduct Authority (FCA) has lifted its retail crypto ETN ban, allowing access to approximately 7 million UK crypto holders [7]. - France's Autorité des marchés financiers (AMF) has adapted its doctrine to permit retail marketing of crypto-indexed ETNs, enhancing market accessibility [7]. Strategic Positioning - CoinShares' physical platform has led the European crypto ETP market with over $1 billion in net inflows year-to-date [3]. - The company aims to leverage its distribution expertise through partnerships, such as with BoursoBank, to reach retail investors as markets open up [4]. Regional Insights - In France, nearly one in four adults now hold financial investments, indicating a growing retail investor base [4][8]. - Nordea, the largest bank in the Nordics, will begin offering CoinShares' Bitcoin ETP starting December 2025, marking a shift in institutional caution [7].

🔥 UPDATE: Nordea will let customers buy CoinShares Bitcoin ETP from December. It’s execution-only with no advice.Big turn from its 2018 employee $BTC ban. https://t.co/qA47Aj3LzK ...

💥BREAKING:🇬🇧 BlackRock's Bitcoin ETP is now trading on the London Stock Exchange! https://t.co/xqyGviGPos ...

Market Trend - BlackRock's Bitcoin ETP is now trading on the London Stock Exchange [1] - Analysts anticipate $2 billion in inflows into BlackRock's Bitcoin ETP [1]

🚨 CMC News: BlackRock Launches Bitcoin ETP for U.K. Retail Markethttps://t.co/DNKFIbq6YH ...

BTC USD price had a much-needed stable weekend, even a little bullish. Is it too early to celebrate? Investors and traders alike should have predetermined decision rules when it comes to buying or selling. And their actions shape the price history. As the charts show conflicting signals on low against high timeframe, what are we to make of this? Follow along to find out! Crypto Quant’s Bull-Bear Market Cycle Indicator has gone underneath the 365-day MA line without much hesitation. Now, it is good to keep ...

RT Cointelegraph (@Cointelegraph)BlackRock launches UK Bitcoin ETP #CHAINREACTION https://t.co/CLtj8MycVb ...

BlackRock launches UK Bitcoin ETP #CHAINREACTION https://t.co/CLtj8MycVb ...

BlackRock Launches Bitcoin ETP for UK Retail Investors► https://t.co/seH9dTNNpo https://t.co/seH9dTNNpo ...