Report shows that Ethereum, Litecoin and Solana ETPs surpassed Bitcoin investment products in November-

cryptocompare, the company that provides institutional and private investors real-time and historical cryptocurrency data, has published the Digital Asset Management Review of the November 2021. The report deals with stock exchange-traded crypto products (ETPS), and the latest results show that alternative investment products for crypto-assets exceed Bitcoin ETPs.

The trade volume of Ethereum-based investment products increases

Every month crypto -like publishes a research report that covers the product landscape of cryptocurrency systems. The investment products are ETPs that are tied to today's worldwide leading crypto assets of today like the GBTC and Ethe funds of Grayscale. The Digital Asset Management Review by CryptoCOMPARE from November explains that Etps, which at Ethereum ( ETH ), litecoin target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/ltc" rel = "noopener"> ltc ) and Solana (sol) achieved better returns in a 30-day period until 19 November.

"The majority of the managed assets for trust products are still in the products Bitcoin (GBTC-38.1 billion US dollars-10.1 % less since October) and Ethereum (Ethhe-12.9 Mrd report reveals . href = "https://markets.bitcoin.com/crypto/etc" rel = "noopener"> etc The Btce product of the group has the position of the ETN/ETF product with the highest AUM values ​​with a plus from 1.5 billion. (BTCQ) of 3IQ Coinhares, which is 6.5 % or 10.1 % to 1.4 billion

The daily trade volume of crypto-based ETPs has dropped by 13%-Litecoin and Solana ETPs exceed Bitcoin system products

The study shows that the daily volume of crypto-based ETPs has decreased by 13%, but the popular ETP-based ETP volume has increased. "The average daily trade volume over all types of investment products for digital assets went back to EUR 732 million/day from October," emphasizes the study. CryptoCOMPARE's report states that Bitcoin-based investment products have "poorly cut off", while ltc and solved ETPs cut off well. The Grayscale basket fund, which contains some of the largest market capitalization coins, achieved -15.5%, as CryptoCompare explained in detail.

"BTC-based investment products in November generated negative returns, led by etc btce product of the group with a return of -13.1 %. "The investment product with the best performance was the Btzero product of Valour with a return of -6.6%. On the other hand, alternative products based on coins based on the whole month of positive returns, led by 21shares' Asol (Solana-based product) and Grayscales LTCN (Litecoin-based product), the 22.0% and 14.9% brought in, ”said the report by CryptoCompare.

What do you think of the performance of the Bitcoin system products compared to the performance of the ETP market for alternative crypto-assets? Let us know your opinion on this topic in the comments below.

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