AUM – Assets Under Management

Since the end of May, total AUM across all digital asset investment products has decreased 9.5% to $40.5bn (as of 21 June).

Bitcoin’s AUM dropped by 6.4% to $29.1bn (now 71.9% of total AUM vs 69.5% last month) while Ethereum’s AUM fell 15.2% to $9.5bn (now 23.4% of total AUM vs 25.0% last month).

Among ETFs, the 3iQ CoinShares Bitcoin ETF (BTCQ) represents the highest AUM at $752mn (up 13.4%) followed by the AUM of Purpose’s Bitcoin ETF (BTCC) with $715mn (up 8.1%).

Meanwhile, ETC Group’s BTCE product continues to control the largest AUM across all ETNs at $600mn (down 3.4% since late May). This is followed by 21Shares’ ABNB, which saw a decrease of 9.3% to $344mn in AUM and AETH which dropped 14.4% to $216mn in AUM.

Trading Volumes

Aggregate daily volumes across all digital asset investment product types have decreased by an average of 63.1% in June compared to May. Average daily volumes for June now stand at $494.4mn.

Price Performance

Both BTC-based and ETH-based products experienced heavy losses, ranging from 0.1% to 22.8% across the top products.

The MVDA index experienced 15.0% in losses. The MVDA index is a market cap-weighted index that tracks the performance of a basket of the 100 largest digital assets. The index serves as a benchmark and universe for the other MVIS CryptoCompare Digital Assets Indices.