Thread by @Melt_Dem

1/ as markets close in europe, a brief update from our team @CoinSharesCo

since 2014 and our launch of the world’s first regulated bitcoin fund, the CoinShares Group has gone through periods of significant market turbulence, and will do so again.

coinsharesgroup.com/news/group-upd…

2/ over the last seven years, we have developed robust controls and procedures. we are well-prepared, and none of our offerings have experienced any downtime.

our team has managed it in stride, while staying true to our values – professionalism, transparency, and integrity.

3/ we are seeing a global re-pricing of everything - from oil, to stocks, to bonds, to treasuries, and yes, even #Bitcoin.

we believe Bitcoin is a “risk off” asset trading momentarily as “risk on”

4/ the years ahead, w/ a negative interest rate environment and significant levels of quantitative easing across the globe, will be bitcoin's true test.

we @CoinSharesCo are confident that once the dust settles, digital assets will further cement their position as a macro hedge.