Bitcoin Aum Fell 9.5% and reduce for months after July

In November, Bitcoin assets under management (AUM) fell 9.5% to $ 48.7 billion, while altcoin-based cryptocurrency currencies such as Ethereum's AUMs rose by 5. 4% to $ 16.6 billion.

Bitcoin (BTC) Continue to make investors make up the tools that are equipment for change, but new supplies (icean) have begun. Do. If Bitcoin Aum reduces

As cryptocompare, the November Bitcoin Aum dropped at 9.5% for $ 48.7 billion, which is the biggest month since July this year. On the other hand, encrypted monetary profit according to the currency of huts such as eth 4% to $ 16.6 billion.

As can be seen in the picture above, the total Aum of all assets industry is longer than $ 65,000, more than $ 65,000.

With a 9.5% retracement, the Bitcoin AUM market accounts for 70.6% of the total AUM share. However, Ethereum's AUMs rose 5.4% to $ 16.6 billion, while AUMs of other crypto assets rose $ 2.6 billion.

Gray scale assets represent 76.8% of total assets under management. Money for Confidence, mostly in grayscale, fell 6.8% to $ 54.5 billion. Other key stakeholders include vendors XBT ($ 5 billion, 7.2% of total) and 21Shares ($ 2.5 billion, 3.6% of total), as shown in the figure below.

According to the report, the average weekly income from Bitcoin trading products in November was $ 94.4 million. Of the remaining $ 67.8 million, Ethereum-based products were around $ 24.4 million, while Cardano and Tron-based products were $ 10.7 million and $ 10.5 million, respectively. dollars.

U.S. financial services giant Morgan Stanley has announced that it has increased its impact on Bitcoin by purchasing the Grayscale Bitcoin Trust.

According to a Cointelegraph report, recent data from the United States Securities and Exchange Commission (SEC) by Morgan Stanley points to these changes.

Morgan Stanley stock is around $ 45, and its total Bitcoin investment is focused on over $ 300 million. Its main goal is to invest in BTC without having to invest directly in cryptocurrency.