Financial data provider BBX has launched a new analytics platform specifically designed to track cryptocurrency concept stocks.
The platform’s inaugural data reveals the combined market capitalization of crypto-related public companies stands at a significant $2.18 trillion. This figure underscores the substantial size and growth of publicly traded entities intimately linked to the digital asset ecosystem.
A key highlight from the platform is the disclosure that corporate treasuries across these covered companies collectively hold 944,109.2 Bitcoin (BTC). This substantial holding point towards a strategic diversification and growing corporate acceptance of cryptocurrency as a treasury reserve asset.
Further emphasizing institutional involvement, the platform reports that assets under management (AUM) for exchange-traded funds (ETFs) with exposure to digital assets have reached $137.46 billion. This substantial figure reflects robust and expanding institutional adoption and investment in the digital asset space through regulated financial products.
BBX’s platform aims to provide transparent and comprehensive data on crypto-correlated equities, tracking valuations, corporate crypto holdings, and institutional investment flows via ETFs.