On 2024-03-12, CoinShares officially acquired Valkyrie's ETF business, including its investment advisory business and sponsor rights to its spot bitcoin ETF fund, bringing in $530 million AUM to CoinShares. This acquisition has increased CoinShares' total assets under management to $7.3 billion as of Monday. Valkyrie has expressed pride in the sale, highlighting the development of their ETF suite since 2021 to provide investors access to the digital asset ecosystem. Jean-Marie Mognetti, CEO of CoinShares, discussed the acquisition's role in making CoinShares a global player in the ETF space.