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The research arm of crypto derivatives firm BitMEX published a blog post last week showing that there are around 160 crypto-related exchange-traded products (ETPs) worldwide, with over $50 billion in assets under management.
Complete List of Cryptocurrency Related ETPs
In anticipation of the SEC approving the spot Bitcoin ETFs, we present what we believe to be a comprehensive list of all the existing crypto related exchange traded products
We have found 150 products with $50.3bn of assets, as at 22… pic.twitter.com/cFUxtuvXgd
— BitMEX Research (@BitMEXResearch) December 25, 2023
These ETPs provide exposure to several tokens, including Bitcoin, Ethereum, Solana, Cardano, Ripple, Avalanche, and Arbitrum, among others.
Grayscale’s Bitcoin Trust (GBTC) claims the top spot on the list. Grayscale’s proposal to convert this product into a spot ETF is under review by the SEC. Joining Grayscale’s ETF are over a dozen other funds from prominent providers like ProShares, 21 Shares, Wisdomtree, VanEck, Fidelity, and Bitwise.
Last month, Bitcoin ETP investments hit a record high of $7.4 billion, per K33 Research. With this list, market analysts anticipate that the potential approval of a spot Bitcoin ETF could multiply institutional inflows into crypto.
In recent months, numerous projections have indicated significant market demand for the spot Bitcoin product. Galaxy forecasts an influx of $14.4 billion within its first year. Glassnode
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Author: Editorial Team