Record High in Global Digital Asset Investments in 2024
According to a latest report by Odaily, global digital asset investment products have reached a remarkable milestone in 2024, totaling $44.2 billion. This figure is nearly four times greater than what was recorded in 2021, highlighting a significant surge in the interest and investment in digital assets.
Bitcoin and Ethereum Leading the Charge
Among the various cryptocurrencies, Bitcoin has once again emerged as the leader, attracting an impressive $38 billion. This accounts for 29% of the total assets under management (AuM) in digital assets. Following Bitcoin, Ethereum also demonstrated strong performance, with inflows of $4.8 billion, representing 26% of the total AuM.
Other altcoins, excluding Ethereum, received a collective inflow of $813 million, making up about 18% of AuM. This diversified interest across different digital assets indicates growing confidence among investors.
Market Dynamics in Early 2025
The beginning of 2025 showed promising signs with $585 million flowing into the market within the first three days. However, the overall net flow for the first week, which included the last two trading days of 2024, was reported at a net outflow of $75 million, reflecting a mixed sentiment among investors.
Dominance of U.S. Products
The report indicates that U.S. products dominated the digital asset market in 2024. Notably, spot Exchange-Traded Funds (ETFs) attracted a full 100% of the annual inflows, totaling an impressive $44.4 billion. This strong performance illustrates the growing preference of investors towards U.S. products.
International Market Movements
Conversely, the Swiss market experienced inflows of $630 million, while both Canada and Sweden faced outflows, recording $707 million and $682 million, respectively. This pattern indicates a shifting interest from non-U.S. markets towards U.S. investment options, as well as some profit-taking activities among investors.
Conclusion
The digital asset investment landscape is evolving rapidly, with 2024 marking a year of significant growth and transformation. Investors are displaying confidence in leading cryptocurrencies like Bitcoin and Ethereum while also exploring other opportunities within the altcoin sphere. As we move further into 2025, monitoring these trends will be essential for understanding the future of digital asset investments.
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