In December, the average daily trading volumes for digital asset products soared by 33.93%, hitting a high of $659.5 million, the largest increase since January 2022. Meanwhile, AUM grew by 14.6% to $49.6 billion, a peak last seen in March 2022.

Key Findings

• Digital asset volumes and AUM witnessed significant growth in the fourth quarter of 2023.
• Altcoin AUM soars as Solana records an AUM increase of 30X in 2023.
• Grayscale dominated the market in 2023 with an annual growth of 136.37%, bringing its AUM to $34.46 billion
• USA led with a significant 13.49% monthly AUM growth, reaching $36.88 billion and capturing a dominant market share of 75.2%.