They reveal bitcoin and ethereum assets under management (AUM) across all exchange traded products (ETPs) increased by 50% this month to $43.9 billion.
Trading volumes fell however by an average of 37.8% in February 2021 compared to January 2021. Average daily volumes now stand at $936mn compared to $1.51bn in the previous month.
A number of such stock traded bitcoin products have crossed $1 billion in holdings. That includes QBTC in Canada and BTCetc in Germany.
Stock traded holders now amount to less than 5% of bitcoin’s and ethereum’s market cap, with it to be seen how that may change in the future.
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