Global Digital Asset Based Exchange Traded Products YTD AUM Rose 66%, Outpacing Broader Market
Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.
- Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.
- "The rising AUM figures show a healthy appetite among investors so far this year for securities backed by digital assets," said Fineqia CEO Bundeep Singh Rangar.
- The year-on-year data showed a 30% decrease in the total crypto market value compared with the $1.7 trillion on Apr.
- ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).