CoinShares Shares Recover After $1 Billion Fund Exit Hits Nasdaq Debutant
CoinShares shares rose 3.3% to $5.33 in Nasdaq afternoon trading Wednesday, rebounding after its research arm reported US$1.07 billion in outflows from digital asset investment products. Volume reached about 172,000 shares. CEO Jean-Marie Mognetti is scheduled to speak Thursday at Jefferies’ digital assets conference in New York.