CoinShares reported assets under management of $7.40 billion at the conclusion of the fourth quarter 2025, reflecting a $2.20 billion decline from the prior quarter as digital asset valuations contracted. Bitcoin retreated to approximately $88,000, while Ethereum fell to around $2,900, contributing to the overall reduction in client holdings across the firm's product suite.
The asset manager continues advancing its previously announced business combination with Vine Hill Capital Investment Corp, with a critical court hearing scheduled for February 17, 2026. CoinShares has secured irrevocable undertakings representing approximately 80% of outstanding shares, positioning the transaction to move forward pending judicial approval.
In concurrent developments, the company declared a quarterly dividend of $0.33 per share, representing a total distribution of $21.5 million to shareholders. Additionally, CoinShares submitted an amended draft registration statement to the Securities and Exchange Commission on February 2, 2026, as part of its continued regulatory compliance and transaction documentation requirements.