Digital Asset ETF AUM Surges 63% In 2023

New data from ETFGI found that digital asset ETFs and ETPs now hold a total of $9.5bn globally, compared to $5.8bn at the end of 2022.

Since the launch of the first digital asset ETP in 2015, the number of products has increased steadily, with 163 digital asset ETFs and ETPs now being listed globally.

International regulatory group unveils first set of global rules for crypto industry

The largest, ProShares Bitcoin Strategy ETF, now holds $988m AUM, having seen $40.2m in inflows throughout April, the largest inflows of any digital asset ETF or ETP.

ETFGI noted that throughout April, there were two new digital asset ETP launches alone, including the rollout of an ETP platform across Europe by Canadian tech company Valour. 

RECENT NEWS

When The Gate Comes Down

A Stress Test Rather Than a ScandalApollo Debt Solutions is not a blow-up story. It is something arguably more instructi... Read more

What If The Investment Industry Is Benchmarking The Wrong Things?

  Investment management is built around benchmarking.  Fund managers compare themselves a... Read more

SpaceX Is Looks To Make History

The Biggest Bet in Wall Street History: SpaceX's $1.78 Trillion IPOThere are moments in financial history that stop you ... Read more

Gyrostat June Market Outlook: When Low Volatility Conceals Structural Risk

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direc... Read more

Why Low Volatility Is Not The Same As Low Risk

Why Low Volatility is Not The Same As Low Risk Some of the worst-performing portfolios in... Read more

Gyrostat May Market Outlook: When The Cost Of Protection Falls - Signals For Portfolio Positioning

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direction. It... Read more