Inflows into crypto funds hit a record $44bn in 2024

2024 saw record inflows into digital-asset funds, wrote CoinShares’ head of research James Butterfill.

The tally was four times the previous 2021 peak ($10.5bn).

Inflows into bitcoin-based funds reached $38bn (29% of AUM), while altcoin products took in $813m (18% of AUM).

“Digital-asset investment products attracted $585m in the first three days of this year. However, over the whole week, including the last two trading days of 2024, there were net outflows of $75m,” Butterfill observed.

He said Ethereum “revived” in 2024—cumulative inflows into related products reached $4.8bn (26% of AUM). That is 2.4 times the 2021 figure and 60 times 2023 inflows.

“Ethereum overshadowed Solana, whose inflows were $69m—just 4% of AUM,” the expert concluded.

Earlier, Butterfill forecast bitcoin at $150,000 in 2025. 

He said a rise in the asset’s capitalisation from the current 10% of gold’s market value to 25% over the long term should not be ruled out.