Crypto funds managed by top firms like BlackRock experienced a surge in net inflows last year, reaching an all-time high of $44.2 billion.
This is nearly four times higher than the previous peak of $10.5 billion in 2021, according to a report by CoinShares.
In the early days of 2025, digital asset investment products have also seen positive inflows of $585 million, CoinShares head of research James Butterfill has reported.
However, there were also net outflows of $75 million in the final days of 2024.
A significant development in 2024 was the approval and launch of US-based Bitcoin and Ethereum ETFs, which attracted a combined total of $44.4 million.