Over the last 30 days Bitcoin and Ethereum rose 49.7% and 57.4% respectively (data up to 23 August). Average daily trading volumes followed suit, increasing by 46.6% across all exchanges and OTC-traded investment product markets.

August Highlights

• Since July 2021, total AUM across all digital asset investment products increased 57.3% to $54.8bn
• Average daily aggregate product volumes rose 46.6% to $544mn, the largest month-on-month increase since May.
• Grayscale’s ETHE trust product saw its average daily volume increase 105.9% to $193.3mn. Its Digital Large Cap product (GDLC) also increased 117.4% in July to $6.0mn, the largest increase in any trust product for the same period.
• Bitcoin’s AUM increased 51.9% to $38.1bn, however, Ethereum experienced a larger increase, with its AUM rising 72.8% to $13.8bn.