Digital Asset Investment Rebounds in October Led by Bitcoin
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Total assets under management (AUM) for digital assets rose 6.74% to $31.7 billion in October, the first monthly increase since July.
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Bitcoin-based products increased their market share to 73.3% from 70.5% in September, with AUM rising 11.1% to $23.2 billion.
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Ether-based product AUM fell 5.45% to $6.35 billion and market share declined to 20.1% from 22.6% in September.
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Solana-based products saw the largest AUM growth at 74.1% to $140 million as SOL gained 54% in October.
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ATOM-based products AUM grew 58.6% to $2.15 million, while basket-based products rose 2.10% to $1.19 billion.