Experienced bitcoin investors know that since that largest cryptocurrency debuted almost 17 years ago, it's often moved in four-year cycles centering on halvings. Those events reduce the number of rewards accrued by miners.
Advisors and investors aren't the only ones looking to pick up exposure to bitcoin these days. Even the most old-school and traditional firms on the market are starting to consider building exposure to the cryptocurrency.
CoinShares, the premier European digital asset manager with $10 billion in AUM, announced a merger with Vine Hill Capital Investment Corp. The merger will enable CoinShares to go public in the U.S., allowing investors to partake in CoinShares' ongoing growth. The firm is the largest digital asset manager in EMEA and the fourth-largest globally.
As of midday Tuesday, bitcoin was clinging to the psychologically important $110,000 level following a drop of more than 2% over the prior seven trading days — one that materialized as rival ether raced to record highs, potentially signaling a cryptocurrency rotation.
BRRR offers secure, direct spot bitcoin exposure via cold storage but lacks differentiation beyond fees and liquidity compared to peers. Bitcoin ETFs, including BRRR, are highly correlated with equities and US rates, raising questions about true decentralization and concentration risks. Given IBIT's superior liquidity and similar fees, I rate BRRR as Hold, seeing better alternatives for bitcoin ETF exposure.
CoinShares, a worldwide digital asset ETF provider, was the first firm to launch a digital asset exchange traded product in Europe. The firm remains one of the biggest digital asset ETF managers, with $10 billion in AUM.
Bitcoin is on a scorching run this year. Currently, it's flirting with all-time highs.
Bitcoin prices notched another record-breaking high in overnight trading before retreating in the wake of July's hot PPI report. Advisors and investors looking to gain exposure to the price momentum of the “digital gold” asset would do well to consider the CoinShares Valkyrie Bitcoin Fund (BRRR).
Bitcoin is 18 months removed from its most recent and fourth halving. Halving makes mining rewards hard to come by while historically leading to higher prices for the largest cryptocurrency.
Experienced equity investors know the saying “sell in May and go away.” That references the weaker six-month stretch of the year for stocks.
There was an extended period of time in bitcoin's younger years that the cryptocurrency was largely viewed as too volatile to be a buy-and-hold investment. However, it was considered to be a great short-term trading vehicle for market participants with stomachs for risk.
The bullishness in 2025 for bitcoin has stirred considerable chatter about why the largest cryptocurrency is one of this year's best-performing assets. That status is, of course, good news for ETFs such as the CoinShares Valkyrie Bitcoin Fund (BRRR).