CryptoCompare’s Digital Asset Management Review aims to provide an overview of the global digital asset investment product landscape, focusing on key developments across various product types. This report is conducted on a monthly basis and tracks the adoption of digital asset products by analysing assets under management, trading volumes and price performance.

Key findings:

• In February 2023, average daily aggregate product volumes across all digital asset investment products saw a slight decline of 9.39% to $73.3mn.
• Volumes have increased by 21.5% compared to December, indicating a noteworthy improvement in activity within a short period. However, they are still down by 80.1% compared to a year ago (February 2022).
• BTC-based products remained dominant in terms of weekly net flows, with both BTC-based products and Short BTC products recording positive flows of $5.3mn and $4.6mn, respectively.