Coinshares’ asset management report showed that net inflows into global crypto funds reached a record $44.2 billion in 2024
Crypto Funds Shatter Record for Yearly Net Inflows
Digital crypto investment products recorded a staggering $44.2 billion in net inflows in 2024. According to the latest Coinshares analysis by head of research, James Butterfill, the record number in 2024 is almost four times the previous record of $10.5 billion inflows in 2021.
With inflows of $38 billion, bitcoin led the pack in 2024. This represented 29% of total net assets under management (AuM). Meanwhile, ethereum experienced a comeback close to the end of 2024, bringing its net inflows for the entire year to $4.8 billion, representing 26% of AuM.
Ethereum’s inflow was 2.4 times greater than its inflow in 2021 and a significant 60 times more than the inflows in 2023. XRP-based funds brought in $438 million, the third-largest net inflow of any single asset, while Solana investment products brought in $69 million. Other altcoins combined received $813 million in inflows, which accounted for another 18% of AuM.
US spot-based ETFs completely dominated the inflows with large outflows from Canada and Sweden showing investor preference for U.S.-based products.
Butterfill noted that 2025 is already off to a good start for crypto investment products with inflows of $585 million for the first three days of this year. However, the data for the full week which includes the last two trading days of 2024 saw net outflows of $75 million.
The substantial inflows for bitcoin underscored its position as the leading digital asset with varying investor interest in other cryptocurrencies, hinting at a dynamic and evolving crypto asset market.
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