Crypto News Today: CoinShares Profit Jumps, Avalanche Transactions Rise, Gumi Adds XRP

Why CoinShares’ $3.46B AUM, Avalanche Growth, and Gumi’s XRP Buy Dominate Today's Crypto News
Crypto News Today: CoinShares Profit Jumps, Avalanche Transactions Rise, Gumi Adds XRP
Written By:
Kelvin Munene
Reviewed By:
Manisha Sharma
Published on

Overview:

  • CoinShares AUM climbed 26% to $3.46B in Q2, with net profit rising to $32.4M.

  • Avalanche led blockchain growth with 66% more transactions as U.S. data moved on-chain.

  • Japan’s Gumi added $17M in XRP to its treasury, aligning with SBI’s blockchain strategy.

The crypto market today has seen significant developments in asset management, blockchain adoption, and corporate treasuries. CoinShares announced excellent quarterly performance, Avalanche dominated blockchain transaction volume, and Gumi continued to increase its XRP holdings. These actions underscore the accumulating institutional adoption of blockchain in the financial and governmental sectors.

CoinShares Reports Strong Q2 Growth with AUM at $3.46 Billion

Digital asset manager CoinShares announced a 26% increase in assets under management (AUM) during the second quarter of 2025, closing at $3.46 billion. This growth was even with outflows of $126 million in its XBT Provider products backed by a 29% increase in Bitcoin and a 37% increase in Ether over the same period.

The company also reported net profits of $32.4 million, marking a 26% improvement from the previous quarter. CoinShares’ asset management unit generated $30 million in fees, led by $170 million of net inflows into its CoinShares Physical products. The firm is preparing for a US listing, with executives stating that continued momentum is expected in the second half of the year.

Its capital markets division contributed $11.3 million in income and gains, with $4.3 million attributed to Ethereum staking returns. CoinShares’ leadership noted that rising market activity and institutional inflows continue to reinforce long-term demand for crypto investment vehicles.

Avalanche Leads Blockchain Growth as US Government Implements Data on Chain

Avalanche recorded the highest blockchain transaction growth this week, with activity rising more than 66%. The network processed 11.9 million transactions across 181,300 active addresses, according to data from Nansen. The increase coincided with new developments in government adoption and exchange-traded fund (ETF) filings linked to Avalanche.

The US Department of Commerce confirmed that it will begin publishing gross domestic product (GDP) data on public blockchains, including Avalanche, starting with July 2025 figures. Officials described the initiative as a landmark effort to improve data transparency and security. Avalanche’s developers said transaction growth is also being driven by layer-1 blockchain expansion, stablecoin payments, and decentralized finance activity.

In addition, Grayscale filed an updated S-1 with the US Securities and Exchange Commission for a spot Avalanche ETF. This move has added further attention to altcoin, positioning Avalanche as a key network in blockchain adoption.

Gumi Expands Digital Asset Treasury with XRP Acquisition

A Japanese company that specializes in gaming and blockchain, Gumi, announced the creation of a crypto treasury supported by XRP. The company authorized a buy of 2.5 billion yen ($17 million) of XRP to broaden its financial services connected to blockchain technology, along with SBI Holdings, its biggest shareholder.

Earlier in 2025, Gumi added Bitcoin to its treasury with a $6.7 million purchase. Bitcoin now serves as a store of value for the firm, while XRP is being positioned as a settlement and liquidity asset for cross-border payments. According to Gumi, this approach is a solution that combines Bitcoin's value storage with the financial utility of XRP to fund future blockchain services.

The company said the planned XRP purchase period runs from September 2025 to February 2026. The ownership of both Bitcoin and XRP will help Gumi create a diversified digital asset portfolio to support its business processes, in line with the increased use of blockchain-based financial networks in Japan.

Also Read: Crypto Prices Today: Bitcoin Price at $111,452, Ethereum Slips 2.22% to $4,472, XRP Down 2.43%

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