What is AUM?
Assets Under Management (AUM) refers to the total market value of assets that an investment firm manages on behalf of its clients. AUM is an important metric used in both traditional finance and cryptocurrency markets.
Higher AUM typically indicates greater investor confidence and may lead firms with substantial AUM to have more resources for research and development. Understanding AUM can help investors assess the credibility of asset management firms operating in crypto.
How to use the term?
You could say: "The firm's AUM has grown significantly due to increased institutional interest in cryptocurrencies.
Disclaimer:
It is highly recommended to conduct thorough research prior to making any financial decisions. Please note that this article's purpose is solely for educational purposes and the author and the organization, M2, do not influence the reader's investment or trading choices.