These OTC Securities had the Most Trading Activity in May benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Date
27/05/2021
CryptoCompare has released its latest Digital Asset Management Review, a monthly report on the key developments in the global digital asset investment product landscape.
The cryptocurrency market experienced one of its worst crashes since the beginning of the year as almost $1.3 trillion in market capitalization was lost.
Bitcoin fell more than 50% from its all-time high of $64.7k that was reached in April, falling to a monthly low of $31,133. Other major cryptocurrencies, like Ethereum, also crashed, which plummeted in excess of 50% from its all-time high of $4,380, falling to $1,730.
Here are the key takeaways:
Total AUM across all digital asset investment products decreased 20.2% to $44.7bn.
Ether Classic Prices Surged More Than 40% In Less Than 24 Hours forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
CryptoCompare Digital Asset Management Review: ETH Now Represents 13% Of AUM Across All Digital Asset Investment Products Date
22/04/2021
CryptoCompare has just released its latest Digital Asset Management Review, a monthly report that focuses on key developments in the global digital asset investment product landscape. The report tracks the adoption of these products by analysing assets under management, trading volumes, and price performance.
April has been a volatile month; Bitcoin set a new all-time high of $64,773 on the 14th but crashed to below $52,000 a few days later. Compared to March, trading volumes across all products have decreased by 5.3% to $706mn/day while total AUM has decreased 4.5% to $56bn. Ethereum has performed well, and now represents 13% of total AUM across all digital asset investment products.
Pfizer Inc (NYSE:PFE),
BioNTech Inc (NASDAQ:BNTX) and
Moderna Inc (NASDAQ:MRNA).
According to OTC Markets Group, overall dollar trading volume on the OTCQX Market, the top tier of OTC Markets, rose to nearly $11 billion in November, a 65% increase from October. On the OTCQB Venture Market, dollar volume rose 25% to nearly $2.5 billion.
“The elevated trading volume reflects an increase in interest from investors across our markets,” said OTC Markets Group EVP Of Corporate Services Jason Paltrowitz, noting that trading increased in
Roche Holding Ltd (OTCQX:RHHBY),
Danone (OTCQX:DANOY) and BNP Paribas (OTCQX:BNPQY), and
Heineken N.V. (OTCQX:HEINY). “The resolution of the election may have given investors confidence to put some capital to work there.”