TechFlow reported on November 22 that James Butterfill, Head of Research at CoinShares, released data showing the assets under management (AUM) of crypto ETPs (exchange-traded products) have surpassed $150 billion for the first time, driven by rising Bitcoin prices.
The data showed that iShares ETF recorded weekly net inflows of $1.519 billion, monthly net inflows of $5.044 billion, and year-to-date net inflows of $32.544 billion, with current AUM reaching $49.868 billion; Grayscale's AUM reached $29.455 billion, with weekly net outflows of $69 million; Fidelity ETF's AUM stood at $19.536 billion, with weekly net inflows of $751 million.
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