{"id":54957,"date":"2021-02-28T09:03:02","date_gmt":"2021-02-28T09:03:02","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=54957"},"modified":"2021-02-28T09:03:02","modified_gmt":"2021-02-28T09:03:02","slug":"institutional-investors-pile-into-crypto-exchange-traded-products-managed-assets-rise-to-44-billion-this-month","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=54957","title":{"rendered":"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/etp1-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Surge 50% to $44 Billion This Month\" loading=\"lazy\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/etp1-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/02\/etp1.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>The total assets under management across all crypto exchange-traded products (ETPs) worldwide have risen 50% this month to nearly $44 billion. Among listed products, Grayscale\u2019s bitcoin trust tops the list with the most assets under management while Bitwise\u2019s fund was the best performing bitcoin product by market price over the last 30 days.<\/strong><\/p>\n<ul>\n<li>Cryptocompare <a href=\"https:\/\/data.cryptocompare.com\/reports\/digital-asset-management-review-february-2021\" target=\"_blank\" rel=\"noopener\">published<\/a> its \u201cDigital Asset Management Review\u201d for the month of February on Friday. The report states that the total assets under management (AUM) across all exchange-traded products (ETPs) increased 50% to $43.9 billion from mid-January to Feb. 23.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-445042 aligncenter\" title=\"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/aum-etps-feb.jpg\" alt=\"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month\" width=\"2251\" height=\"1015\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/aum-etps-feb.jpg 2251w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-300x135.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-1024x462.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-768x346.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-1536x693.jpg 1536w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-2048x923.jpg 2048w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-696x314.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-1392x628.jpg 1392w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-1068x482.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-931x420.jpg 931w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb-1920x866.jpg 1920w\" sizes=\"auto, (max-width: 2251px) 100vw, 2251px\"><\/p>\n<ul>\n<li>The price of bitcoin was above $50K on Feb. 23. It has since fallen to $46,876 at the time of writing, based on data from markets.Bitcoin.com.<\/li>\n<\/ul>\n<ul>\n<li>The crypto exchange-traded product with the most AUM was Grayscale Bitcoin Trust (GBTC) with $35 billion in assets under management, according to the report. As of Feb. 26, GBTC\u2019s AUM has dropped to $30.72 billion due to the lower <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> price. Other listed crypto products with the most AUM include Grayscale\u2019s Ethereum Trust, Litecoin Trust, and Bitcoin Cash Trust. The bitcoin fund by 3iq (QBTC) also made the top five list with $1.27 billion under management.<\/li>\n<\/ul>\n<ul>\n<li>Most of the investments into crypto exchange products are made by institutional investors, particularly hedge funds. In its Q4 2020 report, Grayscale <a href=\"https:\/\/news.bitcoin.com\/grayscales-crypto-assets-30-billion-institutions\/\">wrote<\/a> that \u201cInstitutions are here,\u201d noting that institutions accounted for 93% of all its capital inflows during the period.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-445043 aligncenter\" title=\"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/aum-etps-feb1.jpg\" alt=\"Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month\" width=\"2427\" height=\"1277\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/02\/aum-etps-feb1.jpg 2427w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-300x158.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-1024x539.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-768x404.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-1536x808.jpg 1536w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-2048x1078.jpg 2048w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-696x366.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-1392x732.jpg 1392w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-1068x562.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-798x420.jpg 798w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2019\/09\/aum-etps-feb1-1920x1010.jpg 1920w\" sizes=\"auto, (max-width: 2427px) 100vw, 2427px\"><\/p>\n<p><!-- growjs zone placement 31 --> <ins> <ins class=\"growjs-placement\"><\/ins> <\/ins> <!-- end of growjs zone placement --> <\/p>\n<ul>\n<li>As for exchange-traded notes (ETNs), <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a> Group\u2019s BTCE has the largest AUM with $1.01 billion. Wisdomtree\u2019s BTCW came second with $314.8 million and 21shares\u2019 ABTC with $257.8 million.<\/li>\n<\/ul>\n<ul>\n<li>The report also ranks exchange-traded certificates. XBT Provider by Coinshares\u2019 Bitcoin Tracker Euro holds the highest AUM with $1.72 billion, followed by Bitcoin Tracker One with $1.06 billion.<\/li>\n<\/ul>\n<ul>\n<li>The best performing bitcoin exchange-traded product by market price over the last 30 days was Bitwise 10 Crypto Index Fund (BITW) with 156%, the report notes. Its performance exceeded both Cryptocompare\u2019s CCCAGG <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>\/USD Index performance (64%) and MVIS\u2019 MVDA Index performance (48.9%).<\/li>\n<\/ul>\n<ul>\n<li>Furthermore, North America now has <a href=\"https:\/\/news.bitcoin.com\/canada-approved-bitcoin-etfs-start-trading\/\">two bitcoin exchange-traded funds<\/a> (ETF): Purpose Bitcoin ETF and Evolve Bitcoin ETF. The former accumulated $165 million on its first day of trading.<\/li>\n<\/ul>\n<p><em><strong>What do you think about investing in crypto exchange-traded products? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total assets under management across all crypto exchange-traded products (ETPs) worldwide have risen 50% this month to nearly $44 billion. Among listed products, Grayscale\u2019s bitcoin trust tops the list with the most assets under management while Bitwise\u2019s fund was the best performing bitcoin product by market price over the last 30 days. Cryptocompare published [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":54958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-54957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54957"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/54957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/54958"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}