Global Digital Asset-Based Exchange Traded Products AUM Reaches All-Time High $166 Bn; 10% Surge in January
Fineqia International Inc. (CSE:FNQ)
VANCOUVER, BRITISH COLUMBIA, CANADA, February 6, 2025 /EINPresswire.com/ -- Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA), a digital asset and investment business, announces that its analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral revealed Assets Under Management (AUM) reached a new all-time high (ATH) of $166.6 billion in January, recording a 10.4% increase from $150.9 billion at the beginning of the year.The growth of ETPs, which include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs) outpaced the broader digital asset market growth in January. The total market capitalization of digital assets increased by 7.6%, reaching $3.66 trillion from $3.34 trillion at the end of 2024. This reflects a 37% premium growth for ETPs holding digital assets over the month. Bitcoin (BTC) spot ETFs were the primary driver, but altcoin ETPs also contributed to the net inflow observed in recent weeks.
"2024 marked the year of institutional acceptance of digital asset ETPs with BTC spot ETFs leading the charge and attracting record-breaking inflows," said Fineqia’s CEO Bundeep Singh Rangar. "As we step into 2025, investor confidence continues to grow particularly for other ETPs aside from Bitcoin."
In January, BTC's price rose by 9.4%, reaching $102,196 from $93,425. Over the same period, the AUM of BTC ETPs increased by 11.3% to $138.6 billion from $124.6 billion, surpassing the previous all-time high recorded in December. This reflects a 20% premium growth for ETPs holding BTC relative to the underlying asset, continuing the net inflow trend observed throughout 2024 into the start of 2025.
Ethereum (ETH) saw a 1.2% price decline in January, falling to $3,293 from $3,332 at the end of December. Simultaneously, the AUM of ETH ETPs decreased by 1.3% to $16.0 billion from $16.3 billion. The near-perfect correlation between ETH price movements and ETP AUM fluctuations indicates neutral flows for the month, marking a pause after a strong finish to 2024, when November and December saw over $2 billion in net inflows.
ETPs representing a diversified basket of cryptocurrencies experienced a 11.3% rise in AUM during January, growing to $4.71 billion from $4.23 billion. The AUM of ETPs tracking an index of alternative coins rose 24.7% in January reaching $7.23 billion from $5.79 billion at the end of 2024.
Notably, ETPs holding Ripple (XRP) as the underlying asset saw a 66.8% increase in AUM during January, climbing to $1.75 billion from $1.05 billion at the end of 2024. Other major altcoins also experienced growth with ETPs holding Solana (SOL) rising 22.9% in AUM to $2.6 billion from $2.12 billion at December’s close.
Cardano (ADA) AUM grew 25.5% in January, rising to $249.6 million from $198.8 at the end of 2024. The growth was mainly due to the launch of the Fineqia Cardano FTSE Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106), which launched on Jan, 24 and garnered $31.3 million in AUM by the end of the month.
Fineqia Research's AUM calculation factors in the launch or closure of ETPs during any stated period. The number of tracked ETPs stood at 235 as of end of January.
All references to price are quoted in USD, and the cryptocurrency prices are sourced from CoinMarketCap and CoinGecko.
The ETP and ETF AUM data referenced in this announcement were compiled from reputable sources, including 21Shares AG, Grayscale Investment LLC, VanEck Associates Corp., Morningstar, Inc., and TrackInSight SAS, by Fineqia's dedicated in-house research department.
About Fineqia International Inc.
Publicly listed in Canada (CSE: FNQ) with quoted symbols on Nasdaq (OTC: FNQQF) and the Frankfurt Stock Exchange (Frankfurt: FNQA), Fineqia provides investors with institutional grade exposure to opportunities from blockchain based Decentralized Finance (DeFi). Its European subsidiary is an issuer of crypto asset backed Exchange Traded Notes (ETNs) such as the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106), and its UK unit is an adviser to Actively Management Certificates (AMCs) in Europe, such as the Digital Asset Blockchain Infrastructure (DABI) one. Fineqia has investments in businesses tokenizing Real-World Assets (RWAs), dApps, DeFi and blockchain protocols. More info at www.fineqia.com, x.com/FineqiaPlatform, linkedin.com/company/fineqia/, medium.com/@Fineqia, and @fineqia.bsky.social.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Katarina Kupcikova, Marketing & Communications Manager
E. pr@fineqia.com
T. +44 7806 730 769
FORWARD-LOOKING STATEMENTS
Some statements in this release may contain forward-looking information (as defined under applicable Canadian Securities Laws) ("forward-looking statements"). All statements, other than of historical fact, that address activities, events or developments that Fineqia Intl. (the "Company") believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement except to the extent required by applicable securities laws.
-----------------------------------------------------------------------------------------------------------------------------------------------------
DISCLAIMER:
Crypto assets are unregulated investment products prone to sudden and substantial value fluctuations, presenting a high risk of total loss of the invested capital. As the underlying components of the Digital Asset Blockchain Infrastructure (DABI) Actively Managed Certificate (AMC) are unregulated, investors are unlikely to have access to regulatory protections or investor compensation schemes. If you are unsure whether these assets are suitable for your individual circumstances, it is highly recommended to obtain independent financial and legal advice.
The information presented herein is not intended as a financial promotion. This material has been produced for circulation to a limited number of professional investors and journalists.
Katarina Kupcikova
Fineqia International Inc.
+ +44 780-673-0769
email us here
Distribution channels: Banking, Finance & Investment Industry, Business & Economy, Technology
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release