{"id":160337,"date":"2021-01-22T05:13:23","date_gmt":"2021-01-22T02:13:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-etp-capitalization-up-90-this-month-as-institutional-volume-triples\/"},"modified":"2021-01-22T05:13:23","modified_gmt":"2021-01-22T02:13:23","slug":"crypto-etp-capitalization-up-90-this-month-as-institutional-volume-triples","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-etp-capitalization-up-90-this-month-as-institutional-volume-triples\/","title":{"rendered":"# Crypto ETP capitalization up 90% this month as institutional volume triples"},"content":{"rendered":"<p>&#8220;<strong># Crypto ETP capitalization up 90% this month as institutional volume <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>les <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Capital has flooded into crypto investment products in recent weeks, with the value of assets invested into crypto exchange-traded products, or ETPs, increasing by more than 90% in the last 30 days.<\/p>\n<p>The spike in the assets under management, or AUM, locked in crypto ETPs was noted in the latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/data.cryptocompare.com\/reports\/digital-asset-management-review-january-2021\">report<\/a> by Crypto Compare, which estimates that almost $36 billion is now invested in crypto ETPs \u2014 a 93.7% increase in one month.<\/p>\n<p>Grayscale\u2019s various trusts represent more than 83% of the sector\u2019s total AUM, with the firm\u2019s Bitcoin Trust housing $22.6 billion or 63% of all capital invested in crypto ETPs.<\/p>\n<p>Crypto Compare estimates that ETP volumes tripled during January,with aggregate daily volume pushing above $1.5 billion. Grayscale\u2019s products were found to represent 64% of the sector\u2019s volume, driving $972 million in daily trade.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/88a70af0-5bbf-42b4-86f7-ba9c27fc11fc.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Aggregate monthly crypto ETP volume: Crypto Compare<\/em><\/figcaption><\/figure>\n<p>Despite Grayscale\u2019s dominant share of trade volume, its products were found to have underperformed the spot markets as the historic premium on Grayscale\u2019s shares fell by 8% during January.<\/p>\n<p>Trade volume for crypto Exchange-traded notes, or ETNs, nearly tripled over the month. ETC Group\u2019s BTCE product dominated ETN volumes with nearly $50 million in daily trade \u2014 representing more than two-thirds of total ETN volume. <\/p>\n<p>WisdomTree\u2019s BTCW\/USD was the second-most traded ETN with $7 million in daily volume after its trade activity increased more than 210%, followed by VanEck\u2019s Bitcoin Vectors with $5 million \u2014 owing to a nearly 500% jump in volume .<\/p>\n<p>Trading in exchange-traded certificates, or ETCs, more than doubled, with XBT Provider\u2019s Bitcoin Tracker Euro and Bitcoin Tracker One products representing more than half of combined ETC volume \u2014 driving $45.6 million and $34.9 million in respective daily trade.<\/p>\n<p>XBT provider\u2019s Ether-derived products are the next-most popular ETCs, with Ether Tracker One and Ether Tracker Euro pushing $18.2 million and $17.8 million respectively.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-etp-capitalization-up-90-this-month-days-as-institutional-volume-triples\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Crypto ETP capitalization up 90% this month as institutional volume triples &#8221; Capital has flooded into crypto investment products in recent weeks, with the value of assets invested into crypto exchange-traded products, or ETPs, increasing by more than 90% in the last 30 days. The spike in the assets under management, or AUM, locked&#8230;<\/p>\n","protected":false},"author":1,"featured_media":160338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNjc4M2FhMjktM2JkNS00MTQxLWIyN2MtNWE3OWRjNDM1OGM3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74863,81763,76550,117],"class_list":["post-160337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies","tag-etns","tag-grayscale","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/160337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=160337"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/160337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/160338"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=160337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=160337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=160337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}