year 2024 cryptocurrency marketIt witnessed record entries on a global scale. A total of $44.2 billion was inflow into cryptocurrency funds throughout the year. Thus, inflows reached almost four times the previous record level of $10.5 billion in 2021. Cryptocurrency funds made a fast start to the new year. Accordingly, there was an inflow of 585 million dollars in the first three days of the year. However, a net outflow of 75 million dollars was seen in the week covering the last two trading days of 2024.
Investments in Bitcoin Funds Made Their Mark in 2024
Majority of inflows into cryptocurrency funds in 2024 will be Bitcoin $99,020.7It was aimed at. Throughout the year Bitcoin fundsThere was an investment inflow of 38 billion dollars. This amount constituted 29 percent of total assets under management (AuM).
Spot-based in the USA cryptocurrency ETF‘s became the striking element of this period. $44.4 billion, representing 100 percent of all inflows, came from these products. However Canada And SwedishThere were total outflows of 707 million dollars and 682 million dollars respectively. Investors’ turning to US-based products and profit sales were among the main reasons for these outflows.
Ethereum 
$3,645.6 It also recovered in the last quarter of 2024. An inflow of 4.8 billion dollars was recorded throughout the year. This amount represents 26 percent of Ethereum’s total AuM. Ethereum saw 60x more inflows compared to 2023 and 2.4x more inflows than 2021. In contrast, Solana attracted only $69 million in investments and remained at 4 percent of AuM.
Interest in Altcoins Remained at Low Level
As a category representing cryptocurrencies other than Ethereum altcoin‘s witnessed an inflow of $813 million in 2024. This amount corresponds to only 18 percent of total managed assets. The intense interest in Bitcoin and Ethereum throughout the year caused altcoins to lag behind. Despite this, short Bitcoin investment products attracted $108 million in inflows. Despite the increase in prices, these products could not reach the entry level of 116 million dollars seen in the previous year.
cryptocurrency Historical fund flows into the market clearly demonstrated continued investor confidence and interest. The positive start to 2025 shows that this momentum will be maintained.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
