In a strategic move to strengthen its presence across Europe, CoinShares has announced the expansion of its physically backed exchange-traded products (ETPs) to Euronext exchanges in Paris and Amsterdam. This development marks a significant milestone for the European digital asset manager, enhancing accessibility for institutional and retail investors in key financial markets.
The two flagship products—CoinShares Physical Bitcoin (BITC) and CoinShares Physical Ethereum (ETHE)—were initially launched on the SIX Swiss Exchange in January and February 2025, respectively. As the first offerings on CoinShares’ institutional-grade ETP platform, they have since gained momentum, drawing strong investor interest due to their transparent, fully backed structure.
👉 Discover how institutional investors are accessing crypto through regulated ETPs
Broadening European Access
With the new listings on Euronext, CoinShares’ ETPs are now registered for distribution in 14 European countries, significantly expanding cross-border availability. The Amsterdam listing caters to Dutch investors, while the Paris listing opens doors to France’s growing base of wealth managers and institutional clients.
These markets have shown increasing appetite for regulated digital asset products. By leveraging Euronext’s established infrastructure, CoinShares enables local investors to gain exposure to Bitcoin and Ethereum using familiar trading environments—without the complexities of self-custody or unregulated platforms.
Townsend Lansing, Head of Product at CoinShares, emphasized the strategic importance of this expansion:
“Interest in cryptocurrencies and cryptocurrency investment products continues to grow around the globe. We anticipate reaching new clients in the Netherlands and France with these listings. Additionally, for our existing Dutch and French investors, the Amsterdam and Paris listings will provide easy and efficient access to liquidity.”
A Platform Built for Institutions
CoinShares’ Physical ETP platform stands out in the crowded crypto investment landscape due to its commitment to transparency, security, and regulatory compliance. Each product is fully backed by physical holdings—meaning every share represents actual Bitcoin or Ethereum stored in secure custody solutions.
Beyond BTC and ETH, the platform also includes ETPs tracking Litecoin (LTC) and XRP, Ripple’s native digital asset. Since its launch earlier in 2025, the entire suite has grown to manage $560 million in assets, reflecting strong market confidence in its structure and execution.
The products were previously listed on Germany’s Börse Xetra, one of Europe’s most liquid trading venues, further validating their appeal among institutional traders. Now, with multi-jurisdictional registration, CoinShares is positioning itself as a pan-European leader in regulated crypto investment vehicles.
Strong Momentum in 2025
This expansion follows a record-breaking first half of 2025 for CoinShares. The firm reported £36.7 million in management fees during the first six months of the year—already surpassing the £18.4 million generated in all of 2024. This surge reflects rising demand for compliant, exchange-listed crypto products.
Richard Nash, CFO of CoinShares, highlighted the financial momentum during a recent earnings call:
“We’re seeing strong organic growth across our platforms, driven by both new client acquisition and increased allocation from existing investors.”
The company’s success isn’t limited to product performance. In July 2025, CoinShares acquired the ETF index business of Elwood Technologies, a key player in blockchain-themed investment strategies. That unit had previously partnered with Invesco to launch the Invesco Elwood Global Blockchain Equity UCITS ETF, which has grown to over $1 billion in assets since its 2019 debut.
This acquisition strengthens CoinShares’ research and indexing capabilities, enabling it to develop more sophisticated products tailored to evolving investor needs.
👉 Learn how crypto indexing is shaping the future of digital asset investing
Innovation Ahead: What’s Next for CoinShares?
With a clear track record of execution and a growing footprint, CoinShares is looking beyond current offerings. CEO Jean-Marie Mognetti noted that recent developments—including the Elwood acquisition and a strategic alliance with Invesco Europe—position the firm for long-term leadership in digital asset management.
Lansing confirmed that the product pipeline remains robust:
“We take into consideration the significant product requests and feedback we receive from investors. We have a very healthy development pipeline, including what we anticipate will be some very innovative new products.”
While specifics weren’t disclosed, industry analysts expect CoinShares to explore thematic ETPs, staking-based yield products, and potentially even ETPs tied to decentralized finance (DeFi) or real-world asset tokenization.
FAQ: Understanding CoinShares’ ETP Expansion
Q: What are physically backed crypto ETPs?
A: Physically backed ETPs hold actual cryptocurrency assets—like Bitcoin or Ethereum—in secure custody. Each share issued corresponds directly to a specific amount of the underlying asset, ensuring full backing and transparency.
Q: Why does listing on Euronext matter?
A: Euronext is one of Europe’s largest stock exchanges, serving major financial centers like Paris and Amsterdam. Listing there allows CoinShares’ ETPs to reach a broader base of regulated investors, including banks, family offices, and pension funds.
Q: How do investors benefit from this expansion?
A: Investors in France and the Netherlands can now trade BITC and ETHE during local market hours, using familiar brokerage accounts. This improves liquidity access and reduces friction compared to offshore or unregulated platforms.
Q: Are these ETPs available outside Europe?
A: Currently, CoinShares’ Physical ETPs are registered for sale in 14 European countries. International availability depends on local regulations and distribution agreements.
Q: What makes CoinShares different from other crypto ETP providers?
A: CoinShares combines deep crypto expertise with institutional-grade infrastructure. Its focus on transparency, auditability, and regulatory compliance makes its products trusted choices among professional investors.
👉 See how top asset managers are integrating crypto into mainstream portfolios
Final Thoughts
CoinShares’ latest move underscores a broader trend: digital assets are becoming embedded in traditional finance through regulated, accessible vehicles like ETPs. As investor demand grows and regulatory frameworks mature, companies like CoinShares are leading the charge in bridging old and new financial worlds.
With strong financial performance, strategic acquisitions, and continuous product innovation, CoinShares is not just expanding its reach—it’s shaping the future of European crypto investing.
Core Keywords: Bitcoin, Ethereum, CoinShares, ETP, Euronext, digital asset management, physically backed ETPs, cryptocurrency investment