CoinShares Acquires Bastion to Launch Active Crypto ETFs in US Market

CoinShares, Europe's largest digital asset investment firm, has strategically acquired Bastion Asset Management to penetrate the US actively managed crypto ETF market. The London-based target brings 17 years of systematic trading expertise that will power new quantitative investment products.

The MOVE capitalizes on a seismic shift in investor preferences - active crypto ETFs have dominated passive vehicles since July 2025. CoinShares plans to leverage Bastion's algorithmic trading infrastructure to create sophisticated instruments for institutional allocators.

Pending FCA approval, the acquisition positions CoinShares for an anticipated US public listing. This dual-pronged expansion strategy demonstrates the maturing crypto asset management landscape as traditional finance adoption accelerates.