Newly compiled data from BitMEX Research estimates there are 150 crypto ETPs available today, with $50.3 billion in assets under management.
United States-approved spot Bitcoin exchange-traded funds (ETFs) could end up dwarfing the entire $50 billion crypto-related ETF market today.
According to new data from BitMEX research, the current global market for crypto exchange-traded products (ETPs) includes approximately 150 products totaling $50.3 billion in assets under management.
The list includes spot and futures funds, and typically track the performance of Bitcoin and Ethereum. The largest ETP on the list is Grayscale’s Bitcoin Trust — which is currently attempting to be converted into a spot ETF product.