Document Analysis NLP IA
FREQ, RAKE or TFIDF
Summary (IA Generated)
21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks.
The company previously announced that 21Shares broke $500 million in AUM on Feb.
According to a product break down chart in the announcement, the biggest part of 21Shares’ total AUM came from 21Shares Binance BNB ETP (ABNB) — an ETP tracking the investment results of Binance Coin (BNB).
BNB’s dominant share in the total AUM comes amid Binance Coin’s recent surge, which saw it become the world’s third-largest cryptocurrency on Feb.