| Mobile Web

Search results for CoinShares

Crypto

CoinShares cites Iran, rate outlook and AI strength behind bitcoin weakness

CoinShares said bitcoin\'s recent weakness reflects deteriorating market sentiment rather than structural change. It said about $5.8 billion flowed out of digital asset investment products, including ETFs, over roughly four weeks through June 5, though the market broadly held steady. CoinShares cited uncertainty over U.S.-Iran peace talks, shifting expectations for Federal Reserve policy, and liquidity moving into AI-related assets. It also pointed to Strategy\'s sale of 32 bitcoin as a sentiment drag.

Crypto

Institutional bitcoin holdings fall 17% in Q1, banks quadruple from year ago

Institutional investors\' bitcoin holdings via U.S. spot exchange-traded funds fell sharply in the first quarter of 2026, according to a CoinShares analysis of 13F filings cited by CoinPost. Holdings dropped 17% to 261,000 BTC from 313,000 BTC, while assets under management fell 35% to $17.8 billion. Hedge funds and broker-dealers drove most selling. Banks were net buyers, lifting holdings to 15,200 BTC, up 339% from a year earlier.

Crypto

TeraWulf secures data centre site to expand AI and HPC in U.S. Kentucky

Bitcoin mining company TeraWulf has acquired a data centre development site in Kentucky and is accelerating an expansion into artificial intelligence and high-performance computing. The site is designed to support more than 1 gigawatt of AI and HPC capacity over the long term. TeraWulf plans to operate 500 megawatts by 2028 and secure another 500 MW by 2030. The site includes grid infrastructure planning and long-term power contracts.