Bitcoin
$66,142.70+0.26%
Ethereum
$3,170.14-1.08%
Binance Coin
$606.71+0.45%
Solana
$154.22+1.08%
XRP
$0.54669504+2.75%
Dogecoin
$0.15907539-0.52%
Toncoin
$5.62-8.78%
Cardano
$0.51877411+2.68%
Shiba Inu
$0.00002676-1.09%
Avalanche
$38.55+0.66%
Wrapped Bitcoin
$66,296.04+0.30%
Polkadot
$7.49+0.68%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
36
DAYS
02
HR
58
MIN
26
SEC
Markets

Cryptocurrency Fund Flows On Track for Record Quarter

Digital asset investment products closed on Friday with a record $55.8 billion assets under management.

By Damanick Dantes
AccessTimeIconMar 16, 2021 at 12:22 a.m. UTC
Updated Sep 14, 2021 at 12:27 p.m. UTC
Inflows to crypto investment funds dropped last week, coinciding with the market's recent retreat.
Inflows to crypto investment funds dropped last week, coinciding with the market's recent retreat.
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

First-quarter inflows to cryptocurrency investment products (ETPs) total $4.2 billion already, breaking the quarterly record of $3.9 billion in Q4 2020, according to a report by CoinShares, a digital asset investment firm.

  • Digital asset investment products closed on Friday with a record $55.8 billion assets under management (AUM) following net inflows and positive price action last week of $242 million, according to the CoinShares report.
  • Ethereum funds took in a net $113 million last week.
  • Passive investment products with $54.1 billion AUM continue to outperform their active peers with a smaller $786 million in AUM, according to CoinShares. Passive funds simply track the price of digital assets, while active strategies adjust the weightings of their underlying holdings based on market conditions.
  • “The price action as bitcoin drew closer to $60,000 led to minor outflows of $39 million last week, which we believe is due to profit taking,” according to CoinShares.
Chart shows weekly crypto asset flows.
Chart shows weekly crypto asset flows.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.