It has been a volatile month for the crypto market, with record-breaking volumes and new all-time highs being reached.
The CryptoCompare monthly review offers insight into the most innovative institutional products available in the crypto industry today, from digital asset investment news to analyses of AUM across all digital asset investment products and BTC market share.
Some key discussion points include:
- Average daily volumes grew 78.7% to $1.34bn.
- Bitcoin’s share of AUM dropped by 29.1% to $31.1bn (69% of total AUM) while Ethereum’s share grew 24.8% to $11.2bn (now 25% of total AUM).
- Since the end of April 2021, total AUM across all digital asset investment products has decreased 20.2% to $44.7bn (as of the 24th of May).
- Grayscale still represents an overwhelming majority of all AUM at $35.6bn (80% of total) this is followed by XBT Provider with $4.1bn (9% of total) and 3iQ with $1.3bn (3%).
You can download the full review via the following link: https://data.cryptocompare.com/reports/digital-asset-management-review-may-2021
