🚀 CoinShares Hits Revenue Jackpot! 🚀

- European asset manager CoinShares reported a 110% revenue surge in Q2 2024, hitting £22.5M ($28.5M). Talk about a glow-up! 🌟

- Big win from FTX claim sale: netted a 116% yield, turning £26.6M into £31.32M ($39.78M).

- Ouch moment: wrote down £21.8M ($27.6M) investment in bankrupt FlowBank Holdings SA.

- Adjusted EBITDA soared to £26.6M ($33.7M), a 133% YoY increase.

- Net flows: $67M in inflows, with Bitcoin ETPs leading the pack at $55M.

- Acquired Valkyrie Funds' spot Bitcoin ETP, adding $44M in Q2.

CoinShares is riding high, despite a few bumps! 🚀