Globally, the asset management industry is a major player, holding a significant portion of each nation’s assets in ETFs, index funds, and other passive vehicles. In Europe, the industry manages a whopping €28.4 trillion in assets, with 20% held in passive strategies, split evenly between exchange traded products and index funds. The amount of passively-held assets under management has doubled since 2015, with around 20% of European retail investors holding such products. Analysts are predicting that by 2027, ETFs will make up 24% of total assets in Europe, up from 12% in 2022.
In the world of decentralized finance and digital assets, some commentators are drawing parallels to the on-chain structured product market, which has yet to gain much market share. Currently, on-chain structured products make up only 0.07% of the overall crypto market, with a combined Total Value Locked (TVL) of $2.46 billion across protocols. In comparison, the DeFi market is valued at $48.29 billion and the total crypto market is valued at $1.18 trillion.
Source: Reputable Source
❗Follow us on Twitter to get all the latest crypto news as soon as they're out! 🚀