##  [# Ethereum Leads Crypto Fund Demand](/sections/bitcoin-crypto/ethereum-leads-crypto-fund-demand) 

 

# Ethereum Leads Crypto Fund Demand

 

 

New crypto funds using Cardona and Litecoin off to good start.



 

 

 

 

 [![JamesButterfill310x310](/sites/default/files/styles/author_image_icon/public/2023-08/JamesButterfill310x310.png?itok=uNqgiAyR)](/contributors/james-butterfill) 

[By James Butterfill](/contributors/james-butterfill)

 May 11, 2021

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw inflows totalling US$373 million highlighting a resurgence in demand last week.
- Some providers continue to see outflows in what we believe is continued profit-taking behaviour. Unusually, we saw inflows across the full spectrum of digital assets.
- The positive momentum for [Ethereum ](https://www.etf.com/bitcoin-crypto/reports/ETH)continued, with inflow of US$60 million last week, with total AUM reaching a record of US$16.5 billion. Bitcoin achieved this level of AUM only in December 2020.
- New investment product entrants, Cardano and Litecoin, got off to a good start, with inflows of US$6.6 million and US$3.6 million, respectively.

[![Pop-up Image](/sites/default/files/images/Fig1_CoinShares.jpg)](/sites/default/files/images/Fig1_CoinShares_b.jpg)

(For a larger view, click on the image above)



![Fig1 Weekly Crypto Asset](/sites/default/files/images/Fig2_CoinShares.jpg)

![Fig1 Weekly Crypto Asset](/sites/default/files/images/Fig3_CoinShares.jpg)

Digital asset investment products saw inflows totaling US$373 million, highlighting a resurgence in demand last week. Some providers continue to see outflows in what we believe is continued profit-taking behaviour. Unusually, we saw inflows across the full spectrum of digital asset.

As usual, Bitcoin received the lion’s share of the inflows, which totaled US$290 million for last week. The positive momentum for Ethereum continued, with inflow of US$60 million last week, with total AUM reaching a new record of US$16.5 billion. Bitcoin achieved this level of AUM management only in December 2020.

Both Bitcoin and Ethereum saw outflows in some individual products, but represented a negligible 0.27% and 0.1% of total AUM.

New investment product entrants, Cardano and Litecoin got off to a good start, with inflows of US$6.6 million and US$3.6 million, respectively. This brings total AUM to US$10.8 million for Cardano and US$12.5 million for Litecoin.

Trusted exchange trading volumes for Bitcoin averaged US$10.5 million last week, with Bitcoin investment products higher than recent weeks, with total trading volumes of US$6.1 billion.

[![Pop-up Image](/sites/default/files/images/Fig4_CoinShares.jpg)](/sites/default/files/images/Fig4_CoinShares_b.jpg)

(For a larger view, click on the image above)



[![Pop-up Image](/sites/default/files/images/Fig5_CoinShares.jpg)](/sites/default/files/images/Fig5_CoinShares_b.jpg)

(For a larger view, click on the image above)



[![Pop-up Image](/sites/default/files/images/Fig6_CoinShares.jpg)](/sites/default/files/images/Fig6_CoinShares_b.jpg)

(For a larger view, click on the image above)



[![Pop-up Image](/sites/default/files/images/Fig7_CoinShares.jpg)](/sites/default/files/images/Fig7_CoinShares_b.jpg)

(For a larger view, click on the image above)



[![Pop-up Image](/sites/default/files/images/Fig8_CoinShares.jpg)](/sites/default/files/images/Fig8_CoinShares_b.jpg)

(For a larger view, click on the image above)



[![Pop-up Image](/sites/default/files/images/Fig9_CoinShares.jpg)](/sites/default/files/images/Fig9_CoinShares_b.jpg)

(For a larger view, click on the image above)



*James Butterfill is an investment researcher at CoinShares. He can be reached at <research@coinshares.com>.*



 

 

 [ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill) 

 

 

  James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an…   [View Bio](/contributors/james-butterfill)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Blockchain](http://www.etf.com/topics/blockchain)