Global Crypto Funds Shatter Inflow Records with $44.2 Billion in 2024

Digital asset investment products recorded an unprecedented $44.2 billion in global net inflows in 2024, shattering the previous annual record of $10.5 billion set in 2021.

The 2024 total marks a nearly 20x increase from the $2.4 billion inflows recorded in 2023, according to a new CoinShares report. Bitcoin (BTC) accounted for most of the inflows, recording $38 billion, or 29% of total assets under management (AuM). This is an almost 20xincrease from the $1.9 billion inflows BTC recorded in 2023.

The record-breaking $44.2 billion in net inflows highlights a growing institutional appetite for digital assets, driven by favorable market conditions, increasing regulatory clarity, and the mainstream adoption of blockchain technologies. Analysts attribute the surge to heightened interest in BTC and ETH products, alongside a broader shift in investor confidence toward cryptocurrencies as viable long-term assets.

“The clear signals from Congress and the incoming administration are showing that digital assets are here to stay and should be taken seriously as an asset class,” said Max Avery, the

Chief Business Development Officer at Digital Ascension Group. “More ETF and ETP filings are coming out regularly and utility-based digital assets are taking a foothold across many industries. The space is maturing and we can expect to see more of this institutional interest continue to grow."

2024 Inflows and Outflows

Ethereum (ETH) recorded $4.8 billion in inflows during 2024, driven by a strong resurgence late in the year. This total is more than double the amount seen in 2021 and a staggering 60 times higher than the $80 million in inflows recorded in 2023, according to the report.

XRP recorded the third-highest inflows in 2024, totaling $438 million. Multi-asset investment products recorded $257 million in inflows, while Solana (SOL) attracted $69 million, accounting for 4% of total assets under management (AUM). Altcoins, excluding Ethereum, altogether recorded inflows of $813 million in 2024, representing 18% of AUM.

2025 Is Off To Good Start

The report also highlighted that digital asset investment products had a strong start to 2025, generating $585 million in net inflows during the first three days of the year.

“Digital asset investment products saw $585 million of inflows for the first 3 days of this year, although for the full week, which includes the last two trading days of 2024 saw net outflows totaling $75 million,” CoinShares Head of Research James Butterfill explained.