Switzerland has seen the largest market share increase in digital asset ETFs and ETPs in 2023.
Data from ETFGI, an independent research and consultancy, showed Switzerland’s 6.41% increase places it at the top of the table.
Switzerland is followed by the UK, which saw a 5.28% increase in market share, making it the second biggest increase amongst the developed markets in April, excluding the US.
Turkey (down 4.79%) and Thailand (down 4.69%) saw the largest decrease amongst emerging markets in April.
Globally, assets invested in digital asset ETFs and ETPs have increased 63% year-to-date in 2023, going from $5.81 billion to $9.51 billion at the end of April.
Net inflows during April were $121 million, bringing year-to-date net inflows to $98 million, which is significantly lower than $314 million in net inflows at this point last year.
Since the launch of the first digital asset ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily.
There were 163 digital asset ETFs and ETPs listed globally, with 471 listings, and assets of $10 billion, from 33 providers on 20 exchanges in 16 countries.
During April, two new digital asset ETFs/ETPs were launched.
The top 20 ETFs/ETPs by net new assets collectively gathered $163.71 million during April. The largest individual net inflow was gathered by ProShares Bitcoin Strategy ETF (BITO US), which gathered $40.23 million.
© 2023 funds europe
