Digital Asset Investments Reach Record $3.85 Billion in Weekly Inflows

Digital Asset Investments Reach Record $3.85 Billion in Weekly Inflows

The digital asset market has witnessed a historic milestone, with investment inflows reaching an unprecedented $3.85 billion during the week of December 2–6, 2024. This marks the largest weekly inflow ever recorded, surpassing the previous high set just weeks earlier, according to CoinShares’ latest report.

Ethereum Leads the Surge

Ethereum took the spotlight, securing $1.2 billion in inflows—the largest in its history—driven by the launch of spot Ethereum exchange-traded funds (ETFs). Bitcoin also saw substantial interest, accounting for $2.5 billion of the total weekly inflow, bringing its year-to-date (YTD) inflows to a staggering $36.5 billion.

This surge pushed total inflows for 2024 to $41 billion, with total assets under management (AUM) reaching a record $165 billion.

The Rise of Digital Asset Investment Products

Digital asset investment products include exchange-traded funds (ETFs), trusts, mutual funds, and direct cryptocurrency holdings, offering investors simplified access to the cryptocurrency and blockchain ecosystem. The increasing popularity of these products underscores their role as a bridge between traditional finance and the digital economy.

Regional and Sectoral Highlights

The United States dominated the inflows with $3.6 billion, followed by Switzerland ($160 million), Germany ($116 million), Canada ($14 million), and Australia ($10 million).

Blockchain equities also experienced significant inflows, with $124 million driven by growing investor confidence in rising bitcoin miner profits. However, Solana faced a challenging week, recording $14 million in outflows—the second consecutive week of such losses.

Sustained Investor Confidence

The report from CoinShares highlights a sustained upward trend in digital asset investment, signaling growing global investor confidence in cryptocurrencies and blockchain technologies. As digital assets continue to gain mainstream acceptance, these record-breaking inflows reflect the market’s resilience and long-term growth potential.