CoinShares' Q1 net profit was $24 million, a year-on-year decrease of 42.2% According to Cointelegraph, digital asset investment company CoinShares has released its Q1 2025 financial report. The report shows that the company's net profit for the quarter was $24 million, a decrease of 42.2% from $41.5 million in the same period last year; EBITDA profit was $30 million, a year-on-year decrease of 15.5%. The net inflow of funds for the company's ETP products in the first quarter was $268 million, of which Bitcoin spot ETP (BITC) contributed $202 million. Asset management related revenue increased by 20.8% year-on-year, reaching $29.6 million. However, due to market fluctuations, Ethereum pledged ETP (ETHE) experienced a $23 million outflow of funds.