Former Bloomberg Analyst: Cryptocurrency exchange-traded products have around $100 billion in AUM
Former Bloomberg Information analyst Jamie Coutts CMT stated on the X platform that the AUM (assets under management) of cryptocurrency exchange trading products is about 100 billion US dollars (80% of which is BTC). The AUM of Gold ETP is about 190 billion US dollars. I am optimistic about gold, but it is only expected to be 2-3 times the size of the cryptocurrency in this cycle. This is the birth of a new asset class.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pepe’s market cap briefly tops $10 billion on back of 77% price surge
The price of the frog-faced memecoin surged 77% in the past 24 hours to trade at $0.000024.Major exchanges, including Coinbase, Robinhood and Upbit, have recently listed Pepe trading pairs.
ETH killers are still no closer to doing the deed
Solana is the crowd favorite to potentially flip Ethereum somewhere down the line, and it tends to feel realistic at times
Bitcoin at $100k very possible before EOY, analysts say
The market is due for a breather, but analysts expect prices to continue moving up in the coming weeks
FBI raids Polymarket founder's home
Trending news
MoreCrypto prices
More
