Fineqia International Inc (CSE:FNQ, OTC:FNQQF) has announced that its analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral showed 117% growth in total Assets Under Management (AUM) in the year-to-date (YTD) period.
The digital asset and fintech investment company said total crypto AUM increased 14% to $43.4 billion in November, while the market value of crypto assets rose 10% to about $1.49 trillion during the same period.
"The tide's been rising for BTC-linked products," Fineqia International CEO Bundeep Singh Rangar said in a statement.
"There's renewed confidence amidst a likely approval of BTC Spot ETFs in the US and the pending Bitcoin halving in April."
Fineqia noted that total crypto ETP AUM showed a premium growth of 34% compared to the underlying value of digital assets, which grew slower at 87% since the beginning of the year.
Fineqia International is a digital asset business that builds and targets investments in early and growth stage technology companies that will be part of the next generation of the internet.
The company’s portfolio of investments includes businesses at the forefront of tokenization, blockchain technology, NFTs, AI, and fintech.