In March, the price of Bitcoin fell by 0.25% while Ethereum rose 4.43% (data up to 24th March), marking a possible inflection point for Bitcoin and a definitive trend reversal for Ethereum.
March Highlights
- Total aggregate AUM climbed 8.57% to $48.7bn in March, an 11.1% increase from the January lows of $43.9bn.
- Bitcoin and Ethereum backed products lagged behind others and basket, which saw the largest relative increase of 17.5% to $1.81bn and 9.46% to $773mn respectively.
- Average weekly net inflows turned negative again in March, averaging $9.9mn, having reversed their downward trend for the first time in four months during February.