CoinShares vs Grayscale

CoinShares4.4/5

VS

Grayscale4.0/5

Feature	CoinSharesVisit	GrayscaleVisit
Ratings
Our score	4.4/5	4.0/5
User rating	No reviews yet	No reviews yet
Track record & size	4.5	4.5
Product range	4.5	4.5
Fees	4.0	3.0
Regulation & custody	4.5	4.0
Transparency	4.5	3.5
Specs
Products	Spot ETFs, ETPs / ETNs, Index funds, Staking products	Spot ETFs, ETPs / ETNs, Index funds, Private funds
Clients	Retail, Institutions, Financial advisors	Not disclosed
Assets under management	$7.4 billion (December 2025)	$50 billion in 2021
Flagship products	CoinShares Physical Bitcoin ETP (BITC), CoinShares Ethereum Staking ETP, CoinShares Solana Staking ETP, CoinShares Altcoins ETF (DIME)	Grayscale Bitcoin Trust, Grayscale Ethereum Trust, Grayscale Digital Large Cap Fund, Grayscale Solana Trust, Grayscale Future of Finance ETF
Assets covered	Bitcoin, Ethereum, Solana, Sei	Bitcoin, Ethereum, Solana, Digital Large Cap assets, Future of Finance companies
Fees	0.25% on Physical Bitcoin ETP, 0% management fee on Ethereum Staking ETP, 0.95% gross expense ratio on Altcoins ETF	Not disclosed
Regulators	AMF (France), SEC (United States)	Not disclosed
Custodians	Komainu	Not disclosed
Company
Founded	2013	2013
Headquarters	Jersey	United States
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Over $7.4B in gross assets under management at year-end 2025 Publicly listed on Nasdaq under ticker CSHR Holds MiFID, AIFM, and French AMF MiCA regulatory authorizations Zero percent management fee on the CoinShares Ethereum Staking ETP	Founded in 2013 with a long crypto investment product history Backed by Digital Currency Group since 2015 Covers Bitcoin, Ether, Solana and diversified crypto assets Offers both crypto-asset products and a digital-finance equity ETF
Cons	Suffered balance-sheet losses from the 2022 Terra collapse and FTX bankruptcy Underlying asset returns are exposed to high crypto volatility and market drawdowns US ETF lineup carries higher expense ratios up to 0.95% ETN exchange products expose investors to issuer counterparty risks	Trust prices can trade at premiums or discounts to underlying asset value Investors face crypto volatility and tracking error Eligibility and access depend on each product and listing venue A ransomware group claimed a 2025 attack that Grayscale did not confirm
Best for	European retail and institutional brokerage accounts, Investors seeking regulated spot crypto exposure, Wealth managers allocating to staking ETPs	Public-market crypto exposure, Financial adviser portfolios, Institutional digital-asset allocation

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.