Breaking News
AUM for Digital Asset Exchange-Traded Products Surged 67% in Q1, 34% Higher Than YTD Asset Prices
Fineqia International Inc.’s analysis of global Exchange Traded Products (ETPs) with digital currencies as underlying assets, revealed a 67% increase in the value of Assets Under Management (AUM) during the first quarter of 2023. The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.
Total crypto ETP AUM increased to $33.3 billion from $20 billion during Q1, while the overall value of cryptocurrencies rose to $1.19 trillion from $800 billion, according to Fineqia Research. The AUM increase was predicated on the year to date (YTD) rise in the prices of Bitcoin (BTC) and Ethereum (ETH), which increased 71% and 52% respectively, and accompanying capital inflows. Since ETPs holding BTC and ETH jointly account for 93% of digital asset ETP AUM, this high weighting lent itself to the significant rise in AUMs during Q1.
People In This Post
Companies In This Post
- The European Central Bank Selects Almaviva and Fabrick for Digital Euro Project Read more
- EXCLUSIVE: “The Advantage of Ancient Errors” – Tony Fish in ‘Discover Sibos 2025’ Read more
- EXCLUSIVE: “Game Changer” – Andy Lyons, Freemarket in ‘The Fintech Magazine’ Read more
- Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation Read more
- MAPFRE AM Appoints Ismael García Puente as the New Deputy Director of Investment Strategy Read more
Leading Crypto Firm, 21Shares, and New Wealth Management App, Stratiphy, Partner to Enable Investors to Access Digital Assets
Global-leading exchange traded product issuer 21Shares and new personalised wealth management platform, Stratiphy have partnered to unlock regulated access to cryptocurrencies and digital assets for UK investors once the FCA changes have been introduced to UK investors.
Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation
Binance, the world’s largest crypto exchange by trading volume and users, today announced the inaugural launch of The Blockchain 100. This new annual awards show is designed to recognize and celebrate the most influential creators advancing blockchain education, innovation, and community engagement.
Crypto Wallet Adoption is Skewing Affluent as Dreams of Financial Freedom Fades
A new research report from global payments infrastructure platform Mercuryo and Web3 research firm Protocol Theory shows that while cryptowallet adoption is accelerating among affluent users, lower-income groups face costly access points and risk being excluded.
21X To Establish U.S. Operations, Bringing World’s First Blockchain-Enabled Exchange to the American Market
21X, a leader in regulated on-chain trading and settlement, today announced its expansion into the United States with the establishment of a new operation incorporated in Delaware and a primary office in New York. The move marks a monumental next step in the company’s global growth strategy and paves the way for the launch of the 21X U.S. exchange, a fully regulated blockchain-based trading venue for digital financial instruments.
Flutterwave CEO Bets on Stablecoins as Africa’s Next Financial Leap
At high-profile events in Riyadh, namely Money 20/20 Middle East and the two-day summit Fluidity 2025, Flutterwave Founder and CEO Olugbenga “GB” Agboola highlighted the company’s shift toward supporting stablecoin payments for individuals and enterprises.
On-Chain KYC(R) 2.0 Transforms Digital Identity with Privacy-Preserving Blockchain Attestations
Blockpass, the identity verification and compliance service for blockchain and beyond, is excited to announce the launch of its new and improved On-Chain KYC® 2.0. With the adoption of crypto growing rapidly, Blockpass has created a flexible, powerful solution for blockchain identity verification and attestation which doesn’t compromise on privacy or security.
Triple-A Adopts iPiD’s Payee Verification to Bring Trust to Stablecoin and Fiat Payments Globally
iPiD, the leading provider in Know Your Payee (KYP) solutions worldwide, today announced it will power payee verification for Triple-A, a Singapore-headquartered and Monetary of Authority of Singapore (MAS)-licensed digital currency payment institution.
The European Central Bank Selects Almaviva and Fabrick for Digital Euro Project
Almaviva, an Italian digital innovation Group, and Fabrick, a Sella Group company active in Open Finance at an international level, have been selected by the European Central Bank (ECB), as part of the Digital Euro project, to develop the mobile app and its technological infrastructure that will enable European citizens to use the European digital currency.
EXCLUSIVE: “The Advantage of Ancient Errors” – Tony Fish in ‘Discover Sibos 2025’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Game Changer” – Andy Lyons, Freemarket in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation
Binance, the world’s largest crypto exchange by trading volume and users, today announced the inaugural launch of The Blockchain 100. This new annual awards show is designed to recognize and celebrate the most influential creators advancing blockchain education, innovation, and community engagement.
MAPFRE AM Appoints Ismael García Puente as the New Deputy Director of Investment Strategy
MAPFRE AM, the asset management arm of MAPFRE Group has appointed Ismael García Puente as the new Deputy Director of Investment Strategy, a newly created position in which he will be involved in the development and communication of the MAPFRE Group’s investment strategy, overseeing the management of specialist funds, market analysis, and asset allocation. He will also continue to assume responsibility for managing the wealth manager networks and life insurance portfolios as well as liaising with customers.
Open Banking Startup Yavrio Named One of CNBC’s UK Top Fintechs 2025, Cementing Leadership in Enterprise Finance
Yavrio, a fast-growing Open Banking fintech enabling embedded payments and banking directly into ERPs, has been selected as one of CNBC’s Top UK Fintechs 2025.
Crypto Wallet Adoption is Skewing Affluent as Dreams of Financial Freedom Fades
A new research report from global payments infrastructure platform Mercuryo and Web3 research firm Protocol Theory shows that while cryptowallet adoption is accelerating among affluent users, lower-income groups face costly access points and risk being excluded.