global 714 crypto positive
Fineqia International, a digital asset and fintech investment business, has reported a 53% growth in total Assets Under Management (AUM) in the year-to-date (YTD) period. This is 18% higher than the underlying value of digital assets, which grew 45%. In September, total AUM increased 1% to $30.5 billion from $30.2 billion, while the market value of digital assets rose 7%, to about $1.15 trillion from $1.08 trillion.Bitcoin (BTC) rose 4% in September, to $27,000 from $26,000 recorded on August 31. The AUM of ETPs holding BTC increased by 1.8%, to $21.7 billion from $21.3 billion. Year-to-date, the AUM of ETPs holding BTC rose 59.7%, despite a 12.7% decrease recorded in Q3.Ethereum (ETH) rose 1.8% in value to $1,675 from $1,646 recorded at the end of August. Ethereum (ETH)-denominated ETPs AUM decreased 0.6% to $6.7 billion on Sept. 30, compared to $6.8 billion a month earlier. On a quarterly basis, the AUM of ETPs holding ETH decreased by 14.2%. Similarly, ETH prices dropped 13.3%. Year-to-date, the total AUM of ETPs holding ETH increased by 35.4%.ETPs representing a diversified basket of cryptocurrencies decreased 3.2% in AUM during September, with a total decline of 11.5% in Q3. Despite this drop, basket ETPs registered a 32% increase in AUM on a YTD basis. ETPs representing an index of alternative coins increased by 2.3% in September against a backdrop of a 14.2% decrease in Q3. Year-to-date, ETPs holding individual altcoins showed the weakest growth, in comparison to other digital assets categories, with a 9.5% increase in AUM.The number of tracked ETPs stood at 169 as of end of September, a slight increase from 162 at the beginning of the year. All references to price are quoted in USD, and the cryptocurrency prices are sourced from CoinMarketCap. The ETP and ETF AUM data referenced in this announcement were compiled from reputable sources, including 21Shares AG, Grayscale Investment LLC, VanEck Associates Corp., Morningstar, Inc., and TrackInSight SAS, by Fineqia’s dedicated in-house research department.

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Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 8
People VanEck Associates Corp., Grayscale Investment LLC., TrackInSight SAS, Morningstar Inc., Bundeep Singh Rangar
Companies Morningstar, 21Shares AG, VanEck Associates Corp., Fineqia, Grayscale Investment LLC, Inc., TrackInSight SAS
Currencies US Dollar, Ethereum, Bitcoin, British Pound, Euro
Securities None

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