2024’s $44,200,000,000 in Institutional Inflows to Crypto Products Break Previous Record by Almost 4x: CoinShares
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…
