Fineqia International (TSE:FNQ) has released an update.
Fineqia International reports a significant 79% year-to-date surge in Assets Under Management (AUM) of digital asset-based Exchange Traded Products (ETPs), reaching $88.8 billion and outstripping the growth of their underlying digital assets by 150%. This trend is attributed to positive market reception, with BTC Spot ETFs experiencing substantial inflows since their January launch. The company notes that while Bitcoin led the charge earlier in the year, alternative coins and diversified crypto baskets have also gained strong momentum.
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