Crypto Investment Products Saw Record $44 Billion Net Inflows in 2024: Coinshares

Crypto Funds Shatter Record for Yearly Net Inflows

Global crypto investment products achieved a milestone in 2024, recording $44.2 billion in net inflows, according to Coinshares’ latest asset management report. This figure represents a nearly fourfold increase over the previous record of $10.5 billion in 2021, highlighting growing investor confidence and interest in digital assets.

Bitcoin Leads the Surge

Bitcoin investment products dominated the inflows, accounting for $38 billion in net investments. This sum represented 29% of the total net assets under management (AuM). The significant inflows into bitcoin reaffirm its position as the leading digital asset and a primary choice for institutional and retail investors alike.

Ethereum’s Resurgence

Ethereum also showed impressive performance in 2024, with $4.8 billion in net inflows, making up 26% of AuM. This marked a notable comeback, as ethereum’s inflows were 2.4 times greater than those in 2021 and a massive 60 times higher than its 2023 inflows.

Other Noteworthy Performers

• XRP-based Funds: Recorded $438 million in net inflows, securing its position as the third-largest single-asset inflow.

• Solana Investment Products: Attracted $69 million.

• Other Altcoins: Combined inflows totaled $813 million, representing 18% of AuM.

ETF Dynamics

U.S. spot-based ETFs led the inflow surge, reflecting investor preference for U.S.-based crypto products. This was coupled with notable outflows from Canada and Sweden, indicating a shift in regional investment trends.

A Strong Start for 2025

The momentum appears to have carried into 2025, with crypto investment products already seeing $585 million in inflows within the first three days of the year. However, the last trading week of 2024 recorded net outflows of $75 million, signaling a dynamic and fluid market environment.

Market Implications

The record-breaking inflows underscore bitcoin’s continued dominance in the crypto space while highlighting growing interest in other assets like ethereum and XRP. This evolving landscape reflects an increasingly diversified digital asset market, suggesting that cryptocurrencies are cementing their role in global financial portfolios.

Conclusion

Coinshares’ report on 2024’s record inflows highlights a pivotal year for the cryptocurrency market, driven by significant investments in bitcoin and the resurgence of ethereum. As 2025 begins on a strong note, the crypto investment space is poised for further growth and innovation.