Volume 212: Weekly Report on Digital Asset Fund Flows | by James Butterfill | Dec. 2024

Largest ever weekly inflows of $3.85 billion with ETH seeing record inflows

• Digital investment products recorded their largest weekly inflows on record last week, totaling $3.85 billion, surpassing the previous record set just weeks ago.
• Ethereum saw its largest weekly inflows ever at $1.2 billion, more than ETF launches in July. This came at the expense of Solana, which saw $14 million in outflows.
• Blockchain stocks saw inflows of $124 million, the largest since January this year.

Digital investment products recorded their largest weekly inflows on record last week, totaling $3.85 billion, surpassing the previous record set just weeks ago. This has brought total year-to-date (YTD) inflows to $41 billion to $83 billion.

Regionally, a large group of countries recorded inflows, with the United States being the largest at $3.6 billion, followed by Switzerland, Germany, Canada and Australia with inflows of $160 million, $116 million, 14 million US dollars and 10 million US dollars, respectively.

Bitcoin saw inflows of $2.5 billion, bringing year-to-date inflows to $36.5 billion. Short Bitcoin saw tepid inflows of $6.2 million. Historically, we have seen much higher inflows following strong price increases, suggesting that investors remain cautious about betting against recent strong price momentum.

Ethereum saw its largest weekly inflows ever at $1.2 billion, more than ETF launches in July. This came at the expense of Solana, which recorded $14 million in outflows, marking its second consecutive week of outflows.

Blockchain stocks saw $124 million in inflows, the largest since January this year, driven by growing investor confidence in improving Bitcoin miners’ margins

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