Bitcoin, Ethereum, Solana Institutional Investment Inflows Hit Record $44.2B In 2024, Nearly Quadrupling Previous High
Posted On January 6, 2025
Global digital asset investment products hit a record $44.2 billion in inflows in 2024, nearly quadrupling the previous high of $10.5 billion set in 2021, according to a CoinShares report on Monday.
The surge was largely fueled by the introduction of U.S. spot-based ETFs, which accounted for 100% of these inflows.
What Happened: James Butterfill, Head of Research at CoinShares, emphasized the significance of the milestone saying, “The record-breaking inflows underscore the transformative impact of U.S. spot-based ETFs, reshaping global investment flows.”
Bitcoin (CRYPTO: BTC) dominated the year, drawing $38 billion in inflows and …