In March, the total assets under management (AUM) for digital asset investment products continued to trend upward for the fourth consecutive month, recording an increase of 10.9% compared to February, and 60.6% compared to last November (the lowest recorded AUM in 2022).

‍Key takeaways:

• The assets under management (AUM) for Bitcoin and Ethereum-based products saw an increase of 13.9% and 6.26%, respectively, reaching $22.7 billion and $7.22 billion.
• This surge in AUM saw Bitcoin-based products claim 72.4% market share, the highest dominance reached by these products since June 2022.
• In March 2023, average daily aggregate product volumes across all digital asset investment products saw a significant increase of 57.6% to $380 million.