It is unusual when Solana (SOL) investment products, including Litecoin (LTC) successfully outperform Bitcoin (BTC) investment products.
Investor gains recorded by both products: ASOL of 21Shares rose up 22% and LTCN of Grayscale rose 14.9% in October.
The details of the Digital Asset Management report by CryptoCompare are as follows:
Solana investment products recorded a 171% increase in trading volume to $ 6.3 million.
Bitcoin on the other hand recorded a decline of up to 9.5% to $ 48.7 billion throughout November after a record flat since July.
Ethereum posted an increase of up to 5.4% to $ 16.6 billion.
While other cryptocurrency investment products registered an increase to $ 2.6 billion, with a jump of 10.4%.
Roughly speaking, the daily trading volume for all cryptocurrency investment products saw an average decline of 13% for the period October to November with the current volume at $ 732 million.
Contrary to the January record of this year, the higher amount is worth around $ 1.5 billion.
The investment products offered by Grayscale still represent the majority of assets under management (AUM) with a total of $ 53 billion, accounting for 76.8% of the total.
While XBT Provider represents 7.2% of AUM with a record $ 5 billion, after Grayscale.
