Digital Asset Fund Inflows Surge to Record $44.5 Billion in 2024

Digital
asset
investment
products
have
experienced
unprecedented
inflows
in
2024,
with
year-to-date
figures
soaring
to
$44.5
billion,
according
to
a
report
by
CoinShares.
This
marks
a
fourfold
increase
compared
to
any
previous
year,
underscoring
the
growing
investor
interest
in
digital
assets.

Bitcoin
and
Ethereum
Lead
the
Charge

Bitcoin
investment
products
have
been
at
the
forefront,
enjoying
inflows
totaling
$2
billion
last
week.
These
investments
have
accumulated
to
$11.5
billion
since
the
U.S.
election,
highlighting
Bitcoin’s
continued
dominance
in
the
digital
asset
space.
Meanwhile,
Ethereum
has
recorded
its
seventh
consecutive
week
of
inflows,
amounting
to
$1
billion
last
week,
with
a
cumulative
total
of
$3.7
billion
over
this
period.

Broader
Market
Sentiment
and
Regional
Flows

Investor
sentiment
appears
broadly
positive
across
regions,
with
significant
inflows
observed
in
the
U.S.,
Switzerland,
Germany,
and
Brazil.
The
U.S.
led
with
$3.1
billion,
followed
by
Switzerland
with
$36
million,
Germany
with
$33
million,
and
Brazil
with
$25
million.
This
widespread
interest
reflects
a
growing
global
acceptance
and
investment
in
digital
assets.

Altcoins
and
Other
Investment
Highlights

Among
altcoins,
XRP
witnessed
inflows
of
$145
million,
fueled
by
optimism
surrounding
a
potential
U.S.-listed
ETF.
Polkadot
and
Litecoin
also
saw
inflows,
recording
$3.7
million
and
$2.2
million
respectively.
The
influx
of
capital
into
these
altcoins
indicates
a
diversification
trend
among
investors
seeking
opportunities
beyond
Bitcoin
and
Ethereum.

Market
Liquidity
and
Trading
Volumes

The
report
further
highlights
that
trading
volumes
in
exchange-traded
products
(ETPs)
have
averaged
$21
billion
weekly,
constituting
30%
of
Bitcoin
traded
on
trusted
exchanges.
Bitcoin’s
daily
trading
volumes
on
these
exchanges
averaged
$8.3
billion,
significantly
surpassing
traditional
financial
benchmarks
like
the
FTSE
100.

For
more
detailed
insights,
please
visit
the
full
report
on

CoinShares.

Image
source:
Shutterstock