Bitcoin and Ethereum Dominate as Europe’s Crypto ETP Market Surpasses $19.8B in AUM

Bitcoin and Ethereum are in the news as the European region has emerged as the global leader in available listed cryptos; the Exchange-Traded Products (ETP) market currently lists 221 unique products and has an AUM of $19.86 billion. This important step confirms rising institutional and investors’ interest in crypto-backed financial products, mainly Bitcoin and Ethereum, which dominate 65% of total Assets Under Management (AUM).

Bitcoin and Ethereum Lead the Pack

Solana’s Strong Performance

Diversified Products Gain Traction

Another area of interest that continued to receive attention was specific coins and crypto-diversified baskets, which took $1.4 billion AUM. This category accounts for 7.16% of the overall prevailing fund market due to diversified investors seeking to diversify risk through investing in multiple asset classes.

Ripple, Binance, and Other Altcoins

Ripple (XRP) and Binance Coin (BNB) also depicted good market interaction and held 4.85% and 3.63% AUM proportion respectively. XRP continues to appeal to consumers for its utility in cross-border transactions, and BNB is still a key figure in crypto.

Moving down the list, Cardano’s ADA earned $264.8 million (1.33% of AUM), Sui $254.9 million (1.28% of AUM), and Polkadot’s DOT earned $121.2 million, equal to 1.21% of AUM. These altcoins, representing much smaller market caps than the leading coins, are still popular among investors hoping to earn high returns in the long run.

Net Inflows Highlight Growth