Crypto investment products see $585M inflows in first 3 days of 2025

Digital asset investment products have experienced a strong start to 2025, with $585 million in inflows within the first three days of the year, according to data from CoinShares.

However, the complete week, including the final two trading days of 2024, saw a net outflow of $75 million.

Despite this, 2024 ended with an impressive $44.2 billion in total inflows, setting a new record, nearly four times the previous record of $10.5 billion in 2021.

Bitcoin was the leading driver in 2024, securing $38 billion in inflows.

This surge was attributed to the introduction of spot-based exchange-traded funds (ETFs) in the United States, which accounted for the entirety of the $44.4 billion inflow.

Other countries like Switzerland saw inflows of $630 million, while Canada and Sweden experienced outflows of $707 million and $682 million, respectively, as investors shifted their funds to US-based products or realised profits.

CoinShares’ head of research, James Butterfill, noted that Bitcoin (CRYPTO:BTC) dominated the market last year, making up 29% of the total assets under management (AuM).

Short-Bitcoin products also experienced inflows of $108 million, though this was slightly less than the $116 million in 2023.

Ethereum (CRYPTO:ETH) rebounded strongly towards the end of 2024, attracting $4.8 billion in inflows, representing 26% of its AuM.

This figure was 2.4 times higher than in 2021 and 60 times the inflows of 2023.

Solana (CRYPTO:SOL) saw a much smaller inflow of $69 million, which accounted for just 4% of its AuM, while altcoins, excluding Ethereum, received $813 million, representing 18% of AuM.

Bitcoin’s price recently saw a brief rally, reaching nearly $100,000, though it faces significant selling pressure at this level.

Market analysts, such as QCP Capital, highlight the presence of a “hefty sell wall” around $100,000, suggesting that a short squeeze is unlikely in the near term.