Switzerland leading digital asset ETF charge

Switzerland MediumSwitzerland has seen the largest market share increase in digital asset ETFs and ETPs in 2023. 

Data from ETFGI, an independent research and consultancy, showed Switzerland’s 6.41% increase places it at the top of the table. 

Switzerland is followed by the UK, which saw a 5.28% increase in market share, making it the second biggest increase amongst the developed markets in April, excluding the US. 

Turkey (down 4.79%) and Thailand (down 4.69%) saw the largest decrease amongst emerging markets in April. 

Globally, assets invested in digital asset ETFs and ETPs have increased 63% year-to-date in 2023, going from $5.81 billion to $9.51 billion at the end of April. 

Net inflows during April were $121 million, bringing year-to-date net inflows to $98 million, which is significantly lower than $314 million in net inflows at this point last year. 

Since the launch of the first digital asset ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily.   

There were 163 digital asset ETFs and ETPs listed globally, with 471 listings, and assets of $10 billion, from 33 providers on 20 exchanges in 16 countries.  

During April, two new digital asset ETFs/ETPs were launched. 

The top 20 ETFs/ETPs by net new assets collectively gathered $163.71 million during April. The largest individual net inflow was gathered by ProShares Bitcoin Strategy ETF (BITO US), which gathered $40.23 million. 

© 2023 funds europe

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