🎉 In 2024, the digital asset market attracted $44.2 billion, with Bitcoin and Ethereum leading the way. The start of 2025 is explosive, and the market outlook is promising!
It's time for our weekly report on digital asset fund flows. According to the latest report from CoinShares, we have some exciting numbers to share, so let's take a look at the impressive achievements!
First, let's review the brilliant performance of 2024. Last year, global capital inflows into the digital asset market reached an astonishing $44.2 billion, nearly four times the record inflow of $10.5 billion set in 2021!
When it comes to dominance, Bitcoin was undoubtedly the star of last year, attracting $38 billion in inflows, accounting for 29% of assets under management. Ethereum also made a strong comeback at the end of the year, with total inflows reaching $4.87 billion, which is 2.4 times the total amount in 2021 and 60 times the inflow in 2023!
In addition to ETH, other altcoins also performed well last year, with inflows of $813 million. Although this only accounted for 18% of AUM, it still shows the market's interest in diversified investments.
This year's start has also been filled with good news, with inflows into digital asset investment products reaching $585 million in the first three days. Although the total net outflow for the week was $75 million, this is just a minor fluctuation that does not affect the overall trend.
It is worth mentioning that the introduction of US spot ETFs has brought tremendous vitality to the market, with inflows reaching $44.47 billion in 2024 alone. Although other countries, such as Switzerland, also saw inflows of $630 million, Canada and Sweden experienced larger outflows of $707 million and $682 million, respectively. This suggests that investors seem to prefer US products and, in some cases, choose to take profits.
Overall, 2024 has been a bumper year for the digital asset market, and the start of 2025 also shows strong momentum. We look forward to more surprises and opportunities from the market this year.
Friends, what are your thoughts on these numbers? What are your expectations for the market this year?
