Today’s Insider ⬇️
Profit Report: European crypto asset manager CoinShares records $7.4 billion AUM in first annual filing since Nasdaq listing
Record Revenue: Tether posts over $1 billion Q1 profit as reserve buffer reaches record $8.2 billion
Asset Classification: Singapore moves to give banks a workable crypto capital framework
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $78,341 | +2.45 | -18.91% |
Ethereum | $2,304 | -1.72% | +24.56% |
Solana | $83 | +0.82% | -44.38% |
XRP | $1.39 | +1.56% | -37.42% |
S&P 500 | $7,247 | +0.53% | +29.32% |
Gold | $4,615 | +1.44% | +42.42% |
Profit report: CoinShares (CSHR) reported $7.4 billion in AUM and $165.7 million in full-year revenue for 2025 in its first annual filing since completing a $1.2 billion SPAC merger and listing on Nasdaq.
🔎 Insider Insight: The net income decline was largely non-operational, driven by a one-time FTX claim gain in 2024 that inflated the prior year's figure, with underlying asset management revenue actually growing 13%. Holding both MiFID and MiCA authorizations positions CoinShares as one of the few European crypto managers able to serve the full regulated institutional market.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Tether Posts $1 Billion Q1 Profit as Excess Reserves Hit Record $8.2 Billion
Record revenue: Tether posted $1.04 billion in Q1 profit, pushing excess reserves to a record $8.23 billion, with approximately $141 billion in U.S. Treasury exposure, making it one of the top 20 largest Treasury holders globally.
🔎 Insider Insight: A record reserve buffer alongside continued profitability strengthens Tether's overcollateralization case at a time when stablecoin regulation is tightening globally. With USDT circulation rising by over $5 billion into Q2, demand shows no sign of softening despite growing competition from MiCA-compliant rivals.
Which of these devices is commonly used to store crypto offline?
3. MAS Moves to Lower Capital Requirements for Banks Holding Stablecoins
Asset classification: Singapore's MAS has proposed allowing banks to classify stablecoins and tokenized assets on permissionless blockchains under favorable Group 1 capital treatment
🔎 Insider Insight: The proposal, which directly departs from Basel's 1,250% risk weight that had made such holdings capital-prohibitive, changes the economics of bank-held stablecoins fundamentally, removing the capital overhang that has limited how far Singapore's tokenization pilots could scale into mainstream bank balance sheets.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
