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Bitcoin funds saw strong performance in the third quarter, while bond funds experienced losses. This trend occurred despite the overall upward movement of stocks during the same period. The article attributes bond fund losses to rising interest rates driven by inflation and prior deficit spending.
CoinShares said first-half assets under management fell about 25% amid weaker digital asset markets, while net inflows were about $28 million. It also said management fees were $40 million and Capital Markets generated about $15 million of segment revenue and gains.