FNQ

Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop

Retrieved on: 
Friday, October 6, 2023
Bitcoin, Ethereum, OTC, Trackinsight, Morningstar, Inc., FNQ, Q2, Zorg, ETF, History of bitcoin, ETP, Treasury, AG, AUM, Growth, Assets under management, CSE, ETH, Binance, YTD, Exchange-traded product, BTC, Cryptocurrency, Financial adviser, Q3, USD

On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.

Key Points: 
  • On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.
  • Year-to-date, total AUM shows a premium growth of 18% compared to the underlying value of digital assets, which grew slower at 45%.
  • During the same month, the market value of digital assets rose 7%, to about $1.15 trillion from $1.08 trillion.
  • Despite this drop, basket ETPs registered a 32% increase in AUM on a YTD basis.

Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop

Retrieved on: 
Friday, October 6, 2023
Bitcoin, Ethereum, OTC, Trackinsight, Morningstar, Inc., FNQ, Q2, Zorg, ETF, History of bitcoin, ETP, Treasury, AG, AUM, Growth, Assets under management, CSE, ETH, Binance, YTD, Exchange-traded product, BTC, Cryptocurrency, Financial adviser, Q3, USD

On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.

Key Points: 
  • On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.
  • Year-to-date, total AUM shows a premium growth of 18% compared to the underlying value of digital assets, which grew slower at 45%.
  • During the same month, the market value of digital assets rose 7%, to about $1.15 trillion from $1.08 trillion.
  • Despite this drop, basket ETPs registered a 32% increase in AUM on a YTD basis.

Fineqia Closes Final Tranche of Private Placement in Nearly 1.5x Oversubscribed Round

Retrieved on: 
Friday, September 15, 2023
Warrant, Acceleration, Sale, OTC, CSE, FNQ, External debt, Security (finance)

The Company has issued 55,015,836 Units (the "Units") to raise gross proceeds of C$550,158.36 and conversion of external debt of C$5,000 in this tranche.

Key Points: 
  • The Company has issued 55,015,836 Units (the "Units") to raise gross proceeds of C$550,158.36 and conversion of external debt of C$5,000 in this tranche.
  • This follows the closure of the Company's second tranche on Aug. 15, 2023, for C$309,696, and the first tranche on Jun.
  • "We're excited to announce the successful closure of our third and final private placement phase," said Fineqia CEO, Bundeep Singh Rangar.
  • The success of the private placement led to an overallotment of C$454,598.61, 45,459,598.61 Units.

Fineqia Closes Final Tranche of Private Placement in Nearly 1.5x Oversubscribed Round

Retrieved on: 
Friday, September 15, 2023
Warrant, Acceleration, Sale, OTC, CSE, FNQ, External debt, Security (finance)

The Company has issued 55,015,836 Units (the "Units") to raise gross proceeds of C$550,158.36 and conversion of external debt of C$5,000 in this tranche.

Key Points: 
  • The Company has issued 55,015,836 Units (the "Units") to raise gross proceeds of C$550,158.36 and conversion of external debt of C$5,000 in this tranche.
  • This follows the closure of the Company's second tranche on Aug. 15, 2023, for C$309,696, and the first tranche on Jun.
  • "We're excited to announce the successful closure of our third and final private placement phase," said Fineqia CEO, Bundeep Singh Rangar.
  • The success of the private placement led to an overallotment of C$454,598.61, 45,459,598.61 Units.

Worldwide Digital Asset-Based Exchange Traded Products AUM Surges 51% Year-to-Date

Retrieved on: 
Thursday, September 7, 2023
Bitcoin, Ethereum, GBTC, ETP, ETF, CSE, ETH, FNQ, Morningstar, Inc., Trackinsight, Exchange-traded product, AG, Grayscale, Binance, History of bitcoin, Assets under management, AUM, OTC, Growth, Zorg, BTC, YTD, Cryptocurrency, Financial adviser, USD

Year-to-date, total crypto AUM shows a premium growth of 63.5% compared to the underlying value of digital assets, which grew slower at 31.5% since the beginning of the year.

Key Points: 
  • Year-to-date, total crypto AUM shows a premium growth of 63.5% compared to the underlying value of digital assets, which grew slower at 31.5% since the beginning of the year.
  • The decrease mirrored the drop in values of digital assets during the same period.
  • This performance closely mirrored the digital asset market and the ETPs digital asset market, showing the decision did not cause any major inflow for Grayscale.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Worldwide Digital Asset-Based Exchange Traded Products AUM Surges 51% Year-to-Date

Retrieved on: 
Thursday, September 7, 2023
Bitcoin, Ethereum, GBTC, ETP, ETF, CSE, ETH, FNQ, Morningstar, Inc., Trackinsight, Exchange-traded product, AG, Grayscale, Binance, History of bitcoin, Assets under management, AUM, OTC, Growth, Zorg, BTC, YTD, Cryptocurrency, Financial adviser, USD

Year-to-date, total crypto AUM shows a premium growth of 63.5% compared to the underlying value of digital assets, which grew slower at 31.5% since the beginning of the year.

Key Points: 
  • Year-to-date, total crypto AUM shows a premium growth of 63.5% compared to the underlying value of digital assets, which grew slower at 31.5% since the beginning of the year.
  • The decrease mirrored the drop in values of digital assets during the same period.
  • This performance closely mirrored the digital asset market and the ETPs digital asset market, showing the decision did not cause any major inflow for Grayscale.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Fineqia Closes 2nd Tranche of Private Placement, Adding Momentum to Company's Growth

Retrieved on: 
Tuesday, August 15, 2023
Warrant, Acceleration, Sale, OTC, CSE, FNQ, Security (finance)

The Company has issued 30,969,600 Units to raise gross proceeds of C$308,996 and payment of finder's fees worth C$700 in this tranche.

Key Points: 
  • The Company has issued 30,969,600 Units to raise gross proceeds of C$308,996 and payment of finder's fees worth C$700 in this tranche.
  • "Marking another milestone on our journey, Fineqia is excited to announce the successful closure of our second tranche of private placement, said Bundeep Singh Rangar, CEO of Fineqia.
  • We are grateful for the continued trust and support of our investors, which fuels our drive to reshape the future of finance."
  • The final closure of the private placement is extended until September 15, allowing Fineqia to accommodate investors amidst the challenges posed by the summer holiday season.

Fineqia Closes 2nd Tranche of Private Placement, Adding Momentum to Company's Growth

Retrieved on: 
Tuesday, August 15, 2023
Warrant, Acceleration, Sale, OTC, CSE, FNQ, Security (finance)

The Company has issued 30,969,600 Units to raise gross proceeds of C$308,996 and payment of finder's fees worth C$700 in this tranche.

Key Points: 
  • The Company has issued 30,969,600 Units to raise gross proceeds of C$308,996 and payment of finder's fees worth C$700 in this tranche.
  • "Marking another milestone on our journey, Fineqia is excited to announce the successful closure of our second tranche of private placement, said Bundeep Singh Rangar, CEO of Fineqia.
  • We are grateful for the continued trust and support of our investors, which fuels our drive to reshape the future of finance."
  • The final closure of the private placement is extended until September 15, allowing Fineqia to accommodate investors amidst the challenges posed by the summer holiday season.

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023
Ethereum, XRP, ETP, Note, ETF, CSE, XLM, Cryptocurrency, ETH, FNQ, SOL, Trackinsight, Exchange-traded product, AG, Aum, MATIC, Exchange, Binance, Ripple Labs, Assets under management, Viacom International Inc. v. YouTube, Inc., AUM, District court, Morningstar, Inc., OTC, Growth, Zorg, BTC, YTD, Financial adviser, Stellar, Bitcoin, Polygon, USD

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023
Ethereum, XRP, ETP, Note, ETF, CSE, XLM, Cryptocurrency, ETH, FNQ, SOL, Trackinsight, Exchange-traded product, AG, Aum, MATIC, Exchange, Binance, Ripple Labs, Assets under management, AUM, District court, Morningstar, Inc., OTC, Growth, Zorg, BTC, YTD, Financial adviser, Stellar, Bitcoin, Polygon, USD

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).