Aggregate AUM Falls 9.5% to $40.5Bn as Volumes Stagnate
Asset Management , Data
24.06.2021 02:00 pm
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.
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.
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.
The MVIS CryptoCompare Digital Assets Indices family tracks the financial performance of the largest and most liquid digital assets and serves as the underlying platform for financial products globally. See all available indices here. Get in touch to learn more about how our indices can help you build innovative products.
The MVIS CryptoCompare Digital Assets Indices can be licensed to clients for a variety of purposes, including:
Performance measurement and attribution
Investment product development, as the basis for structured products such as ETPs and futures contracts
We'd love your feedback! Please feel free to reach out directly to email@example.com if you are interested in any custom data or charting on digital asset market movements or with suggestions for future reports.
The information provided by this report does not constitute any form of advice or recommendation by CryptoCompare. Any redistribution of charts or data visualizations must cite CryptoCompare as the sole provider and creator.