Despite reaching new all-time highs on the 10th of November, both Bitcoin and Ethereum fell by 5.2% and 0.2%, respectively, in November (data up to 19th) - a slight correction following a strong October.
November Highlights
- Bitcoin AUM fell 9.5% to $48.7bn in November, its largest month-on-month pullback since July. Meanwhile, Ethereum and other cryptocurrency products saw their AUM rise 5.4% to $16.6bn and 10.4% to $2.6bn, respectively.
- Average daily trading volumes across all digital asset investment product types fell by an average of 13.0% from October to $732mn/day - significantly below the all-time high of $1.51bn that was reached in January.
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