etf

Talk about the events in the cryptocurrency space last year

In 2024, the inflow of funds into cryptocurrency asset-related products reached an astonishing $44.2 billion, nearly four times the historical high of $10.5 billion in 2021. This record-breaking performance is attributed to the launch of ETFs, which greatly influenced global investment.

The significant inflow of BTC also led to a marked increase in the holdings of BTC ETFs, surpassing one million within less than a year of its launch.

Leading products like BlackRock's IBIT and Fidelity's FBTC attracted the most attention. Notably, IBIT surpassed nearly 3,000 other ETFs, becoming the most successful ETF product of the past decade.

Despite this, the active flow of ETF products has made the United States the leader in global fund inflows, attracting almost all of the $44.4 billion, followed by Switzerland with $630 million.

BTC soared to a historical high of over $100,000 last year, leading to an inflow of $116 million into BTC short products.

Ethereum's performance was also outstanding, especially in the second half of this year with its resurgence. Due to strong performance of Ethereum spot ETFs at the end of the year, the digital asset received an inflow of $4.8 billion.

This inflow accounted for 26% of its total assets under management, which is 2.4 times the total inflow in 2021, significantly surpassing its performance in 2023.

Meanwhile, Ethereum's gains outpaced its competitor Solana, which managed an inflow of $6.9 million, accounting for only 4% of its assets under management.

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