Digital asset investment product, assets under management in February reached the level since May 2022 | coindesk JAPAN | Coindesk Japan

Digital asset investment product assets under management (AUM) in February reached their highest level since May 2022, according to a report released by CryptoCompare on March 2.

AUM of digital asset investment products in February increased by 5.2% from January to 28.3 billion dollars (approximately 3.82 trillion yen, converted to 1 dollar = 135 yen), an increase for 3 consecutive months.

(Crypto Compare)

The increase in AUM “indicates bullish investor sentiment and growing appetite for digital assets,” CryptoCompare said, despite the market being nervous about regulatory and macroeconomic headwinds in the US.

With $20.8 billion in AUM, Grayscale Investments remains the top player in the space, up 3% in February from the previous month, according to the report.

The biggest gainers were CI Galaxy and 21Shares. They increased by more than 37% and 33%, respectively.

By asset type, bitcoin-related assets increased by 6% or more, and ethereum-related assets increased by 1.7% or more. Their market shares are 70.5% and 24%, respectively.

｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
| Image: CryptoCompare
｜Original: Digital Asset Investment Products’ AUM in February Reaches Highest Level Since May 2022