Despite Bitcoin's new all-time high of $58,348 on the 21st of February, average ETP volumes decreased 37.8% to $936mn. Meanwhile, aggregate AUM across all ETPs increased 50% to a record $43.9bn.
February Highlights
- AUM across all ETPs increased 50% to $43.9bn.
- Aggregate ETP volumes dipped, while products by ETC Group and VanEck showed high volume growth.
- Bitwise’s BITW and Grayscale’s ETCG showed the highest returns.
- Market premiums for Bitcoin products by Grayscale and 3iQ dropped.
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