<?xml version="1.0"?>
<ns0:edgarSubmission xmlns:ns0="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <ns0:schemaVersion>X0202</ns0:schemaVersion>
  <ns0:headerData>
    <ns0:submissionType>SCHEDULE 13G</ns0:submissionType>
    <ns0:filerInfo>
      <ns0:filer>
        <ns0:filerCredentials>
          <ns0:cik>0001887106</ns0:cik>
          <ns0:ccc>XXXXXXXX</ns0:ccc>
        </ns0:filerCredentials>
      </ns0:filer>
      <ns0:liveTestFlag>LIVE</ns0:liveTestFlag>
    </ns0:filerInfo>
  </ns0:headerData>
  <ns0:formData>
    <ns0:coverPageHeader>
      <ns0:securitiesClassTitle>Ordinary Shares, no par value</ns0:securitiesClassTitle>
      <ns0:eventDateRequiresFilingThisStatement>03/31/2026</ns0:eventDateRequiresFilingThisStatement>
      <ns0:issuerInfo>
        <ns0:issuerCik>0002087587</ns0:issuerCik>
        <ns0:issuerName>CoinShares PLC</ns0:issuerName>
        <ns0:issuerCusips>
          <ns0:issuerCusipNumber>G670AQ104</ns0:issuerCusipNumber>
        </ns0:issuerCusips>
        <ns0:issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>2 Hill Street</ns1:street1>
          <ns1:city>St. Helier</ns1:city>
          <ns1:stateOrCountry>Y9</ns1:stateOrCountry>
          <ns1:zipCode>JE2 4UA</ns1:zipCode>
        </ns0:issuerPrincipalExecutiveOfficeAddress>
      </ns0:issuerInfo>
      <ns0:designateRulesPursuantThisScheduleFiled>
        <ns0:designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</ns0:designateRulePursuantThisScheduleFiled>
      </ns0:designateRulesPursuantThisScheduleFiled>
    </ns0:coverPageHeader>
    <ns0:coverPageHeaderReportingPersonDetails>
      <ns0:reportingPersonName>Howard Alan E</ns0:reportingPersonName>
      <ns0:citizenshipOrOrganization>X0</ns0:citizenshipOrOrganization>
      <ns0:reportingPersonBeneficiallyOwnedNumberOfShares>
        <ns0:soleVotingPower>14431011</ns0:soleVotingPower>
        <ns0:sharedVotingPower>0</ns0:sharedVotingPower>
        <ns0:soleDispositivePower>14431011</ns0:soleDispositivePower>
        <ns0:sharedDispositivePower>0</ns0:sharedDispositivePower>
      </ns0:reportingPersonBeneficiallyOwnedNumberOfShares>
      <ns0:reportingPersonBeneficiallyOwnedAggregateNumberOfShares>14431011</ns0:reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <ns0:aggregateAmountExcludesCertainSharesFlag>N</ns0:aggregateAmountExcludesCertainSharesFlag>
      <ns0:classPercent>10.9</ns0:classPercent>
      <ns0:typeOfReportingPerson>IN</ns0:typeOfReportingPerson>
    </ns0:coverPageHeaderReportingPersonDetails>
    <ns0:items>
      <ns0:item1>
        <ns0:issuerName>CoinShares PLC</ns0:issuerName>
        <ns0:issuerPrincipalExecutiveOfficeAddress>2 Hill Street, St. Helier, Jersey, JE2 4UA</ns0:issuerPrincipalExecutiveOfficeAddress>
      </ns0:item1>
      <ns0:item2>
        <ns0:filingPersonName>Alan E. Howard (the "Reporting Person")</ns0:filingPersonName>
        <ns0:principalBusinessOfficeOrResidenceAddress>Rue du Rhone 7, 1204 Geneva, Switzerland</ns0:principalBusinessOfficeOrResidenceAddress>
        <ns0:citizenship>United Kingdom</ns0:citizenship>
      </ns0:item2>
      <ns0:item3>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item3>
      <ns0:item4>
        <ns0:amountBeneficiallyOwned>As of the date hereof, the Reporting Person may be deemed the beneficial owner of 14,431,011 Ordinary Shares. This amount includes (i) 12,063,261 Ordinary Shares held directly by the Reporting Person and (ii) 2,367,750 Ordinary Shares held by Brevan Howard Nominee Services Limited on behalf of, and as nominee of, the Reporting Person. The Reporting Person may be deemed to beneficially own the Ordinary Shares held by Brevan Howard Nominee Services Limited on behalf of, and as nominee of, the Reporting Person.</ns0:amountBeneficiallyOwned>
        <ns0:classPercent>As of the date hereof, the Reporting Person may be deemed the beneficial owner of approximately 10.9% of the Ordinary Shares outstanding. The percentage set forth herein is calculated based on 132,257,329 Ordinary Shares outstanding as of March 31, 2026, as reported in the Issuer's annual report on Form 20-F filed with the Securities and Exchange Commission on March 31, 2026.</ns0:classPercent>
        <ns0:numberOfSharesPersonHas>
          <ns0:solePowerOrDirectToVote>14,431,011</ns0:solePowerOrDirectToVote>
          <ns0:sharedPowerOrDirectToVote>0</ns0:sharedPowerOrDirectToVote>
          <ns0:solePowerOrDirectToDispose>14,431,011</ns0:solePowerOrDirectToDispose>
          <ns0:sharedPowerOrDirectToDispose>0</ns0:sharedPowerOrDirectToDispose>
        </ns0:numberOfSharesPersonHas>
      </ns0:item4>
      <ns0:item5>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item5>
      <ns0:item6>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item6>
      <ns0:item7>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item7>
      <ns0:item8>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item8>
      <ns0:item9>
        <ns0:notApplicableFlag>Y</ns0:notApplicableFlag>
      </ns0:item9>
      <ns0:item10>
        <ns0:notApplicableFlag>N</ns0:notApplicableFlag>
        <ns0:certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</ns0:certifications>
      </ns0:item10>
    </ns0:items>
    <ns0:signatureInformation>
      <ns0:reportingPersonName>Howard Alan E</ns0:reportingPersonName>
      <ns0:signatureDetails>
        <ns0:signature>/s/ Alan E. Howard</ns0:signature>
        <ns0:title>Alan E. Howard</ns0:title>
        <ns0:date>04/14/2026</ns0:date>
      </ns0:signatureDetails>
    </ns0:signatureInformation>
  </ns0:formData>
</ns0:edgarSubmission>