• In February, the value of digital assets under management (AUM) for digital asset investment products rose to $28.3 billion, the highest number recorded since May 2022.
• Bitcoin and Ethereum continue to account for the lion’s share of all digital assets under management.
• Grayscale remains the most dominant asset management firm with $20.8 billion worth of digital assets under management.

Digital Assets Under Management

The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. Bitcoin and ethereum continue to account for the lion’s share of all digital assets under management at 70.5% and 24% respectively. Grayscale is still the most dominant asset management firm with $20.8 billion worth of AUM.

SEC Enforcement Actions

The increase in investor appetite for digital assets came against the backdrop of a U.S Securities and Exchange Commission (SEC)-led crackdown on industry players and macroeconomic setbacks as well as other factors such as innovation in traditional markets like stocks and bonds that may reduce correlations between investments in these markets and those in cryptocurrencies over time .

Bitcoin & Ethereum AUM Market Share

The assets under management (AUM) for Bitcoin and Ethereum-based products saw an increase of 6.06% and 1.72%, respectively, reaching $20 billion and $6.80 billion according to data from Cryptocompare report . Digital assets that are included in the category of „Other“ and „Basket“ also increased by 14.7% to $1.16 billion and 2