Bitcoin Dominance Fuels $585 Million Crypto ETP Inflows In 2025
Just a week into the new year, Bitcoin and cryptocurrency ETPs are continuing their impressive performance. According to a CoinShares report filed by James Butterfill, cryptocurrency ETPs saw inflows of $585 million in the first few days of this year. Analysts say the strong early performance of cryptocurrency ETPs continues the asset’s impressive performance last year.
Related reading
in the same Coin stocks Reports show that outflows from cryptocurrency ETPs will exceed $44 billion in 2024, with Bitcoin being the digital asset with the largest trading volume. Bitcoin saw $38 billion in inflows, accounting for nearly 30% of all assets under management (AUM), while Ethereum picked up pace in the second half, with net inflows exceeding $4.8 billion.
Bitcoin ETP leads the way
CoinShare’s James Butterfill shared these findings on cryptocurrency ETP performance on the company’s official website and social media pages. The report explains that Bitcoin ETPs are the digital investment product of choice, accounting for $38 billion of global ETP Bitcoin assets under management.
Cryptocurrency ETP inflows are at $44 billion in 2024, and $585 million so far in 2025, a good starthttps://t.co/OczGDBUdph
— James Butterfill (@jbutterfill) January 6, 2025
Ethereum ETP ranks second, with inflows of approximately US$4.8 billion in 2024, accounting for 26% of the total ETH asset management of global ETPs. Last year’s ETP inflow was 2.4 times that of 2021 and 60 times that of 2023.
In terms of inflows in 2024, Ethereum beats Solana with just $69 million, accounting for just 4% of total assets under management. Although the number of Solana is relatively Bitcoin and Ethereumit is still ahead of all other altcoins.
Spot ETF approval helps increase inflows
The industry saw record inflows in 2024, which was better than the 2021 bull run experience. In 2021, cryptocurrency investment products recorded net inflows of more than $10 billion. In short, last year’s inflows were 4 times the amount recorded in 2021.
Bufferfill said the surge in global crypto investment products has benefited from the U.S.’s approval of a Bitcoin spot ETF in January 2024. In January 2024, the U.S. Securities and Exchange Commission approved 11 Bitcoin spot ETF applications, and subsequently approved 8 more Bitcoin spot ETF applications. Ethereum ETF on May 22nd.
According to the latest data, these spot Bitcoin ETF It is the main reason for the inflow of Bitcoin-related investments. Butterfill also explained that these ETFs will redefine future cryptocurrency investment inflows.
Related reading
The future of US Bitcoin spot ETP will be better
In addition to CoinShares, Galaxy Digital also paints a promising future for the crypto investment industry. In a report shared on December 31, 2024, the company boldly predicted that the US spot ETP market will continue to soar in 2025. The report states that the asset management scale of this niche market will reach US$250 billion this year.
Meanwhile, Alex Thorne of Firmwide Research said that Bitcoin ETPs are approaching U.S. gold ETPs in terms of total value of assets under management.
Thorne added that Bitcoin will continue to be one of the best-performing assets on a risk-adjusted basis. Other analysts say Ethereum’s spot ETPs will also surge this year. The Ethereum blockchain will benefit from the Trump presidency and favorable regulatory changes.
Featured images from OneSafe, charts from TradingView