tl;dr
In 2024, institutional investors poured over $44 billion into crypto investment vehicles, setting a new record, according to CoinShares. The first three days of 2025 saw $585 million in inflows, but the last two trading days of 2024 posted net outflows of $75 million. The year concluded with a total...
CoinShares reports that institutional investors poured over $44 billion into crypto investment vehicles in 2024, setting new records despite year-end outflows. US spot-based ETFs saw 100% of the inflows, totaling $44.4 billion, while Switzerland added $630 million in inflows. Majority of outflows from Canada and Sweden were investors shifting to American digital asset vehicles, with Bitcoin leading inflows at $38 billion.
In 2024, institutional investors poured over $44 billion into crypto investment vehicles, setting a new record, according to CoinShares. The first three days of 2025 saw $585 million in inflows, but the last two trading days of 2024 posted net outflows of $75 million. The year concluded with a total of $44.2 billion in inflows, predominantly driven by US spot-based ETFs. Additionally, Switzerland had $630 million in inflows, while Canada and Sweden saw $707 million and $682 million in outflows, largely due to investors reallocating to American digital asset vehicles. Bitcoin accounted for the majority of inflows, representing 29% of total assets under management.
Leading crypto manager CoinShares says institutional investors poured billions into crypto investment vehicles last year, obliterating previous inflow records. In its latest Digital Asset Fund Flows report, CoinShares says that 2024 saw a new record of over $44 billion in institutional digital asset inflows despite the final trading days of the year posting outflows. “Digital asset investment products saw US$585m 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 US$75m. The conclusion of 2024 marked a record US$44.2bn of inflows globally, almost 4x the prior record set in 2021 which saw US$10.5bn inflows. Marked by the entrance of US spot-based ETFs, which saw 100% of the inflows at US$44.4bn.” Source: CoinShares
Switzerland provided an additional $630 million in inflows while Canada and Sweden saw $707 million and $682 million in outflows a piece. However, those outflows could be misleading, because according to CoinShares, the majority of them are the result of investors pulling out of Canadian and Swedish products to reinvest in American digital asset vehicles. Bitcoin (BTC), per usual, took the lion’s share of inflows last year. “Seeing US$38bn inflows representing 29% of total assets under management (AuM). Despite the prices rises short-bitcoin investment products saw inflows of US$108m, but less than in 2024 where it saw US$116m inflows.”