Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength

Aum Blackrock CCData
Last updated:
Crypto Reporter
Crypto Reporter
Shalini Nagarajan
About Author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Total crypto assets under management (AUM) soared by 27% to $65.66 billion in February, driven by rising Bitcoin prices and growing adoption of Spot Bitcoin ETFs in the US.

CCData’s latest monthly report, released Monday, revealed that average daily trading volumes continued to rise in the past month, jumping nearly 15% to $1.8b.

“This rise, while more modest compared to January’s surge, underscores a consistent upward trend and robust investor engagement, largely attributed to the enthusiastic market response to ETFs in the US,” the report said.

By Feb. 26, inflows into Spot Bitcoin ETFs amounted to $6.03b, while Grayscale experienced record-low outflows of $22.4b on the same day, the report showed.

Among the top 10 ETFs, BlackRock’s iShares and Fidelity’s FBTC attracted inflows of $6.02b and $4.23b, respectively, indicating robust investor confidence and market momentum.

BlackRock’s iShares Skyrockets with 569% Volume Surge

Trading volumes surged significantly, particularly for BlackRock’s iShares, which recorded an impressive volume of $7.89b, marking a 569% increase from January.

Fidelity’s FBTC and Ark & 21Shares’ ARKB also saw substantial month-on-month jumps, with increases of 509% and 575% respectively.

VanEck’s HODL ETF experienced remarkable growth, with trading volumes surging by 2000% to reach $584m.

Crypto AUM
Source: CCData

However, products like Grayscale’s GBTC, ProShares’ BITO, and Grayscale’s ETHE, which had shown significant volumes in January, saw declines in investor interest, with volume drops of 59%, 62%, and 30% respectively.

Purpose Invest’s BTCC, Canada’s most well-known Bitcoin ETF, saw stagnation in trading volume, with a decline of 40%.

US Crypto AUM Dominates Market with 75% Share

The US reclaimed its leading role in the digital asset market, with its AUM surging by almost 30% to $49.1b, comprising roughly 75% of the market share.

Crypto AUM
Source: CCData

Meanwhile, Canada and Switzerland saw their AUMs rise to $4.6b and $4.1b, marking increases of 23.9% and 42.6%, respectively. Despite being a smaller player, Hong Kong experienced an explosive growth of 139%, indicating a rapidly growing interest in the sector.

Bitcoin Reigns Supreme, Solana Faces Setback

Bitcoin continued to lead the digital asset management sector, with its AUM reaching around $49b, commanding a hefty market share of 74.5%. This marks a solid 29.2% increase from January.

Ethereum held onto its position as the second-largest asset, enjoying 26% growth to hit $12.3b in AUM, securing an 18.8% market share.

However, Solana (SOL) saw a slight dip of 1.51% in AUM, indicating a possible dip in interest or a shift in investor focus.

More Articles

Price Analysis
Libra Scandal Rocks the Crypto World – Will TRUMP Coin Benefit From the Fallout?
Michael Davis
Michael Davis
2025-02-19 00:07:32
News
World of Women and Artist Sara Baumann Launch Free NFT Portrait Series
Tanzeel Akhtar
Tanzeel Akhtar
2025-02-18 23:43:46
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors