CoinShares swings to first-half net loss as revenue declines

European crypto asset manager CoinShares said first-half revenue fell and the company swung to a net loss, although net inflows continued. Total revenue for the first half was $51.4 million, down 35.7% from a year earlier. Operating loss came to $5.1 million, while net loss totaled $23.9 million. Net inflows stood at $27.6 million.