Digital asset investment firm CoinShares announced the launch of a UCITS platform alongside the debut of the CoinShares Bitcoin Mining UCITS ETF, according to reports from The Block. The first product under the platform began trading on Deutsche Börse Xetra on July 16, 2026, with the company saying the launch is intended to make its investment strategies available to institutional investors across Europe, including pension funds, insurance companies, and private banks that generally invest through UCITS-compliant vehicles. As reported by CoinShares, the platform was officially launched on July 21, 2026, with the inaugural Bitcoin Mining ETF becoming the first strategy launched from the platform. The platform is authorized by the Central Bank of Ireland and is designed to enhance fee income and operational efficiency through a multi-product structure.
For CoinShares, the change is less about introducing a new investment strategy than removing a structural barrier that limited access to existing ones. As reported by CoinShares, many institutional mandates prohibit investments in debt securities, including exchange-traded products backed by physical digital assets, preventing a large pool of investors from allocating capital despite growing interest in the sector. By using the UCITS framework, those investors can now access regulated digital asset investment products through a structure already accepted under their internal investment rules. The move positions CoinShares to enter Europe's €26.3 trillion UCITS market ecosystem, which held €26.3 trillion in net assets as of April 2026 according to EFAMA data. The platform operates on a largely fixed cost base and is designed to generate operating leverage as additional funds are introduced.
According to CoinShares's latest annual report, the company generated more than $165.7 million in revenue during 2025, its first full year after listing in the United States earlier this year. As reported by CoinShares, shares of the Nasdaq-listed company closed 2.1% lower at $4.11 on Monday before the announcement. The company said the platform operates on a largely fixed cost base and is designed to generate operating leverage as additional funds are introduced. The scalable, asset-light framework allows for creating future products at progressively lower marginal costs, creating an industrialised launch process where each additional fund draws on the same authorized structure with significantly shorter runway for individual authorization.
The company added that the UCITS structure will support future launches covering both digital asset products and thematic investment strategies. According to CoinShares co-founder, president and CEO Jean-Marie Mognetti, this marks their entry into the UCITS market with a platform that allows them to develop and launch regulated investment funds under one of the world's most widely recognised fund frameworks. As reported by CoinShares, the platform sits alongside the company's existing ETP franchise and broader asset management capabilities, with the firm writing that this further evolves CoinShares into a multi-engine, highly scalable asset management platform. The platform provides the operational framework to create and launch future products at progressively lower marginal cost, with the up-front capital investment and regulatory groundwork complete.
The launch follows several initiatives by CoinShares to deepen its presence in institutional markets beyond exchange-traded crypto products. According to a June survey conducted by CoinShares among 261 wealth management professionals across Europe, 52% of UK financial advisers said most of their clients' cryptocurrency holdings remained outside their visibility, while across France, Germany, Italy and Switzerland, the figure fell to 25%. The same survey found that 61% of respondents worked at firms that either restricted digital assets or had no formal policy governing them. Through its existing digital asset investment products, the company already serves and holds long-standing relationships with many of these allocators, with the constraint until today being the wrapper, not the relationship - their mandates could not hold a debt security, however physically backed. 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.
