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Increase in AUM for Cryptocurrency ETPs

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It is reported that Fineqia International\’s analysis of global exchange-traded products (ETP) based on cryptocurrency showed that the value of assets under man…

Increase in AUM for Cryptocurrency ETPs

It is reported that Fineqia International’s analysis of global exchange-traded products (ETP) based on cryptocurrency showed that the value of assets under management (AUM) increased by 1% in February, while the market value of cryptocurrency increased by 1.5% in the same period. According to Fineqia Research, from February 1 to March 1, the total amount of cryptocurrency ETP AUM increased from $27.7 billion to $28 billion. The total number of ETPs listed decreased from 164 to 155. Bitpanda GmbH in Austria stopped trading five ETPs, and ETC Group in the UK closed four ETPs. ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Report: The asset management scale of the products traded on the global cryptocurrency exchange rose slightly in February

Analysis based on this information:


Fineqia International’s analysis on the value of assets under management (AUM) for Exchange-Traded Products (ETPs) provides an insight into the latest developments in the cryptocurrency market. According to Fineqia Research, there was a 1% increase in AUM for cryptocurrency ETPs in February, while the market value of cryptocurrency increased by 1.5% during the same period. The total amount of cryptocurrency ETP AUM increased from $27.7 billion to $28 billion between February 1st to March 1st.

It is noteworthy that the increase in AUM for cryptocurrency ETPs, which include Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs), comes during a period of uncertainty and volatility in the cryptocurrency market. The COVID-19 pandemic continues to impact the global economy, influencing the cryptocurrency market with fluctuations in value. However, the fact that the overall AUM continues to increase suggests that investors are diversifying their portfolios and taking a long-term approach to investing in cryptocurrencies.

Despite the increase in AUM for cryptocurrency ETPs, the total number of ETPs listed decreased from 164 to 155 over the same period. Bitpanda GmbH in Austria stopped trading five ETPs, and ETC Group in the UK closed four ETPs. These actions may be attributed to various factors, including regulatory concerns, market conditions or changes in customer demand. Additionally, these changes may open up opportunities for other ETP providers to enter the market and gain significant market share.

In conclusion, Fineqia International’s report on the value of assets under management for cryptocurrency ETPs highlights the increased demand for digital assets, despite market volatility. The report illuminates the long-term approach of investors towards diversified portfolio management. While the reduction in the number of ETPs listed may have implications for providers, it also presents opportunities for other ETP providers to enter the market.

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