Fineqia Reports Surge in Digital Asset ETPs

Fineqia International (TSE:FNQ) has released an update.

Fineqia International reports a substantial growth in global digital asset-based Exchange Traded Products (ETPs), with Assets Under Management (AUM) nearly doubling to $94.4 billion in the first quarter of 2024, a significant 91% increase from the beginning of the year. The surge is attributed to strong investor interest following the approval of BTC Spot ETFs in the United States, with the BTC Spot ETFs attracting $12.1 billion in net inflows since their inception. The overall market cap of digital assets also saw a robust increase, rising by 59% to $2.82 trillion in the same quarter.

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