Can you explain the significance of AUM in the cryptocurrency industry?

1 answers

• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the significance of AUM in the cryptocurrency industry. AUM, or Assets Under Management, is a metric that measures the total value of assets that a fund or investment firm manages on behalf of its clients. In the cryptocurrency industry, AUM is a crucial indicator of a fund's success and credibility. A higher AUM can attract more investors, including institutional investors, who are often more inclined to invest in funds with a significant amount of assets under management. AUM also provides funds with more resources and flexibility to make strategic investment decisions. At BYDFi, we understand the importance of AUM and strive to provide our clients with the best investment opportunities and services to help them grow their assets under management.
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