After increasing by almost 69.5% year-to-date, the total #assets under management of digital asset investment products increased by 9.05% in June to reach $33.4 billion. Assets under management for products with exposure to #Bitcoin increased noticeably by 12.4% to $24.4 billion.
The race to launch a Bitcoin exchange-traded fund (ETF) was kicked off by a file from #BlackRock in the month of June, which turned out to be a month full of noteworthy developments in the #cryptocurrency field. Following the filing by the biggest asset management in the world, further applications—including those from industry titans like Invesco and WisdomTree—were submitted.