The total assets under management (AUM) for digital asset exchange-traded products (ETPs) surpassed $150 billion for the first time, driven by Bitcoin’s continued rally. James Butterfill, Head of Research at CoinShares, highlighted this development on the X platform, marking a significant moment for the cryptocurrency sector.
The surge in AUM reflects increasing confidence in digital assets, with Bitcoin at the forefront of this growth. Recent regulatory clarity, combined with the launch of spot Bitcoin ETFs, has bolstered market sentiment, attracting institutional and retail investors alike.