Oct 30, 2023

The total assets under management (AUM) for digital products traded on exchanges and over the counter jumped 6.74% to $31.7 billion in October, the first monthly increase since July, according to CCData.

Video transcript

The chart of the day is brought to you by crypto dot com. The world's fastest growing crypto app. Let's take a look at the chart of the day. The total assets under management or A U for digital products traded on exchanges and over the counter jumped over 6.7% to $31.7 billion in October marking the first monthly increase since July. According to CC data, the advance comes as investors anticipate the SEC will approve several ETF S that invest in Bitcoin as soon as early next year. A um represents the total value of all the assets of financial institution manages on behalf of its clients. Meanwhile, products tied to Solana's soul token experience, the steepest A U growth adding over 74% to $140 million. Seoul has gained 54% this month. Outperforming Bitcoin's 26% rise. That's it for today's chart of the day. I'm Jen Sani. We'll see you next time to unpack more of the data behind top news stories.

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