Digital Asset Fund Inflows Hit $9.5B YTD

Takeaways

• Digital asset investment products saw inflows totalling US$306m last week, bringing month-to-date inflows to US$787m and year-to-date inflows to a record US$9.5bn.
• Bitcoin saw the largest inflows in 5 weeks totalling US$247m following the launch of another investment product in Europe.
• In terms of inflows relative to AuM, Polkadot and Solana continue to be the winners, with inflows representing 8.6% (US$11.5m) and 5.9% (US$14.6m) of AuM respectively last week.
• We are now tracking Blockchain exchange traded products. Blockchain ETPs now have US$3.7bn of AuM.

Digital asset investment products saw inflows totalling US$306m last week, bringing month-to-date inflows to US$787m and year-to-date inflows to a record US$9.5bn. Continued price pressures saw total assets under management (AuM) fall from US$75.4bn to US$72.8bn.

Bitcoin saw the largest inflows in 5 weeks totalling US$247m following the launch of another investment product in Europe. This brings the 11 week run of inflows to US$2.7bn.

Ethereum saw inflows totalling US$23m last week, marking its 5^th consecutive week of inflows.

In terms of inflows relative to AuM, Polkadot and Solana continue to be the winners, with inflows representing 8.6% (US$11.5m) and 5.9% (US$14.6m) of AuM respectively last week.

Multi-asset investment products saw inflows totalling US$9.1m last week and represent the third largest investment product by AuM at US$4.6bn.

We are now tracking Blockchain equity ETPs which now have US$3.7bn of AuM. We saw inflows of US$20m last week with YTD inflows now standing at US$2bn. On a proportional basis this inflow is roughly half (6.4% of AuM) the inflows seen in pure-crypto related ETPs (13.1% of AuM).

Contact James Butterfill at [email protected]