New data: Return on investment in LightCoin, Solana and Atrium higher than Bitcoin

Alta Quinnah News
Bitcoin News
Recent data show that in the past month, the return on investment products in Light Coin, Solana and Atrium has been higher than Bitcoin. As it turns out, the share of Bitcoin in the holdings of mutual funds in digital currencies is also declining.
to the Report The Daily Hoodel, a cryptocurrency company that collects statistical data on digital currencies, has said that bitcoin-invested products are in strong competition with coin-based products.
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The data released by the company in its new report shows that in the 30-day period ending November 19, investment products in Lightcoin and Solana outperformed bitcoin-based investment products.
The report states:
Bitcoin investment products outperformed Solana and LightCoin-based products managed by 21Shares’s ASOL Investment Fund and Grayscale’s LTCN LightCoin Fund, and yielded better returns, respectively. It was 22.0 and 14.9 percent.
“Bitcoin investment products have been losing money over the 30-day period and Atrium and Solana-based products have been profitable,” he said.
Bitcoin-based products have been losing over the past 30 days. The loss of these products varied from negative 6% to negative 13%. Atrium-based products, meanwhile, have yielded between 0.5 and 7 percent. Exchange-traded securities (ETNs) belonging to 21-Shares company ASOL, with the highest return of 22%.
The report emphasizes that if we examine the level of assets managed by mutual funds in Bitcoin on a monthly basis, we find that the volume of these assets has decreased significantly. Meanwhile, the holdings of mutual funds in other digital currencies have increased.
The cryptocurrency says:
The volume of assets under management [صندوقهای سرمایهگذاری در] Bitcoin fell 9.5 percent to $ 48.7 billion in November, the biggest improvement since July. Meanwhile, product inventory [سرمایهگذاری در] Atrium and other digital currencies rose 5.4 percent and 10.4 percent to $ 16.6 billion and $ 2.6 billion, respectively.
The correction caused Bitcoin’s share of digital currency investment funds to fall from 73.7% to 70.6% in November.
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