The total U.S. dollar value of digital assets under management (AUM) in February rose to $28.3 billion up from approximately $26.8 billion recorded in January, the latest Cryptocompare data has shown. The latest total makes this the “highest AUM recorded since May 2022,” the report added.

Meanwhile, the Cryptocompare report noted that Grayscale is still the most dominant asset management firm with $20.8 billion worth of digital assets under management. XBT Provider ($1.54 billion) and 21Shares ($1.38 billion) are ranked second and third, respectively.