Valour, the issuer of cryptocurrency ETPs, announced plans to launch 20 new exchange-traded products (ETPs) by 2024 to meet the demand of global retail and institutional investors for cryptocurrency and blockchain ETPs, but all related products need to be approved. In addition, Valour also disclosed that as of the end of November, its assets under management had risen to CAD 356.5 million, an increase of approximately 11.41% from the beginning of the month.

According to Fineqia's data, the total assets managed by cryptocurrency exchange traded products (ETPs) have increased by 91% since the beginning of the year, which is 30% higher than the underlying assets.

According to a report by Fineqia International Inc., the Assets Under Management (AUM) of global Exchange Traded Products (ETPs) based on digital assets have grown by 91% YTD, reaching a peak of $38 billion. This growth surpasses the 30% increase in the value of the underlying digital assets​​.

According to a report by K33 Research, institutional demand for Bitcoin through trading platform-traded products (ETPs) has increased significantly in the past month, with a record-breaking increase of 27,095 BTC, surpassing the flow in June and July after BlackRock submitted a Bitcoin spot ETF. K33 Research's senior analyst Vetle Lunde and vice president Anders Helseth said that in addition to the inflow of Bitcoin ETP, CME's sustained high exposure indicates strong institutional demand for Bitcoin as the deadline for the latest Bitcoin spot ETF from the US Securities and Exchange Commission approaches.

According to K33 Research, on November 15th, institutional demand for Bitcoin through exchange-traded products (ETPs) has increased significantly in the past month, with a record-breaking growth of 27,095 BTC, surpassing the flow in June and July after BlackRock submitted a Bitcoin spot ETF. K33 Research's Senior Analyst Vetle Lunde and Vice President Anders Helseth said that in addition to the inflow of Bitcoin ETPs, CME's continued high exposure indicates strong institutional demand for Bitcoin as the deadline for the latest Bitcoin spot ETF from the US Securities and Exchange Commission approaches. Analysts say that the narrow window for approving all current Bitcoin spot ETF applications will end on Friday, November 17th. This deadline specifically involves the applications from Hashdex and Franklin. However, if the SEC wants to approve all applications simultaneously, this window will be an opportunity to execute that decision. Once the window passes, although Global X ETF still has a final deadline (November 21st), all current applications will no longer be able to be approved simultaneously. In this case, momentum in the cryptocurrency market may slow down as significant news related to ETFs may need to wait for several weeks.

K33 Research posted on X platform stating that the amount of Bitcoin managed by Exchange Traded Products (ETPs) has reached a historical high. In the past few weeks, as the market's anticipation of the approval of a spot Bitcoin ETF has driven up the coin price, the amount of ETP BUM has also increased significantly.