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Former Bloomberg Analyst: The AUM of trading products on cryptocurrency exchanges is about 100 billion USD

Former Bloomberg Analyst: The AUM of trading products on cryptocurrency exchanges is about 100 billion USD

2024/03/21 05:40

Golden Finance reports that former Bloomberg analyst Jamie Coutts CMT stated on platform X that the AUM of cryptocurrency exchange traded products is about 100 billion US dollars (80% is BTC). The AUM of Gold ETPs is about 190 billion US dollars. I am optimistic about gold, but it does not match the expected 2-3 times of this cycle with cryptocurrencies. This is the birth of a new asset class.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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