The post CoinShares expands US push with Bastion acquisition and planned listing appeared on BitcoinEthereumNews.com.

CoinShares to buy Bastion Asset Management, expanding US crypto investment products. Deal boosts CoinShares’ push into active crypto ETFs amid rising institutional demand. Firm targets $1.2B US listing as SEC streamlines approval process for crypto ETFs. European digital asset manager CoinShares is moving deeper into the US market with a new strategic acquisition and plans for a public listing. The firm announced Wednesday that it will acquire London-based Bastion Asset Management, marking a significant step in its effort to broaden crypto investment products in the United States. The acquisition, which remains subject to approval from the UK Financial Conduct Authority (FCA), will see Bastion’s trading capabilities, systematic strategies, and team fully integrated into the CoinShares platform. The financial terms of the deal were not disclosed. A CoinShares spokesperson described the move as a way to combine Bastion’s expertise with the company’s US registration to develop more sophisticated investment products. “By combining Bastion’s systematic trading expertise with our 1940 Act registration, we can develop actively managed products for the US market that go beyond simple directional exposure to cryptocurrencies,” the spokesperson said. Active ETFs gain ground CoinShares is positioning itself to take advantage of a growing shift in investor appetite toward actively managed exchange-traded funds (ETFs). Unlike passive ETFs, which track an index or asset, active ETFs rely on managers to select investments and aim to outperform the market. “Most crypto asset managers in the US focus exclusively on passive products that simply track cryptocurrency prices,” the CoinShares spokesperson said in a Cointelegraph report, noting a growing institutional demand for more complex solutions. The company holds registered investment adviser status under the US Investment Company Act of 1940, which allows it to offer actively managed investment products, including ETFs. However, these require advanced quantitative and systematic trading expertise—capabilities CoinShares expects to…

---

Filed under: News - @ October 1, 2025 1:27 pm