Thursday, January 27, 2022

Crypto AUM Reaches Record High in 2021, Bitcoin Dominates

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2021 witnessed sharp progress in international crypto belongings beneath administration (AUM). Despite the rationale that Bitcoin funding merchandise dominated the yearly inflows, different digital belongings like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and Polkadot (DOT) additionally gained reputation through the current 12 months.

Overall, crypto funding merchandise attracted a complete of $9.3 billion in 2021, which is 36% larger in comparison with 2020. The newest weekly digital asset fund flows report by CoinShares reveals that crypto AUM closed final 12 months on the stage of $62.5 billion.

“Digital asset investment products saw inflows totaling US$9.3bn in 2021, a 36%increase from 2020. While the increase from 2019 to 2020 was significantly higher at 806%, we believe this represents a maturing industry, with total crypto assets under management (AuM) ending the year at US$62.5bn in 2021 versus just US$2.8bn at the end of 2019,” the report famous.

Bitcoin dominated the yearly inflows in 2021. The crypto asset accounted for greater than 60% of the overall inflows final 12 months. BTC funding merchandise attracted almost $6.3 billion value of inflows through the current 12 months, in comparison with $5.4 billion in 2020.

Outflows

While the yearly inflows topped expectations, the crypto funding merchandise noticed substantial outflows in direction of the tip of 2021. In mid-December, digital asset merchandise noticed document outflows amid a considerable dip in the value of Bitcoin and Ethereum.

“The final week of 2021 saw third-week outflows totaling US$32m, with the trend suggesting diminishing outflows following the record weekly outflows mid-December. Total outflows for the 3 weeks now total US$260m, 0.4% of AuM. Bitcoin saw total 2021 inflows of US$6.3bn versus US$5.4bn, a year-on-year increase of only 16%, the lowest growth in inflows relative to other digital asset investment products,” CoinShares added.

ETH noticed outflows value $161 million in the current 4 weeks.

2021 witnessed sharp progress in international crypto belongings beneath administration (AUM). Despite the rationale that Bitcoin funding merchandise dominated the yearly inflows, different digital belongings like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and Polkadot (DOT) additionally gained reputation through the current 12 months.

Overall, crypto funding merchandise attracted a complete of $9.3 billion in 2021, which is 36% larger in comparison with 2020. The newest weekly digital asset fund flows report by CoinShares reveals that crypto AUM closed final 12 months on the stage of $62.5 billion.

“Digital asset investment products saw inflows totaling US$9.3bn in 2021, a 36%increase from 2020. While the increase from 2019 to 2020 was significantly higher at 806%, we believe this represents a maturing industry, with total crypto assets under management (AuM) ending the year at US$62.5bn in 2021 versus just US$2.8bn at the end of 2019,” the report famous.

Bitcoin dominated the yearly inflows in 2021. The crypto asset accounted for greater than 60% of the overall inflows final 12 months. BTC funding merchandise attracted almost $6.3 billion value of inflows through the current 12 months, in comparison with $5.4 billion in 2020.

Outflows

While the yearly inflows topped expectations, the crypto funding merchandise noticed substantial outflows in direction of the tip of 2021. In mid-December, digital asset merchandise noticed document outflows amid a considerable dip in the value of Bitcoin and Ethereum.

“The final week of 2021 saw third-week outflows totaling US$32m, with the trend suggesting diminishing outflows following the record weekly outflows mid-December. Total outflows for the 3 weeks now total US$260m, 0.4% of AuM. Bitcoin saw total 2021 inflows of US$6.3bn versus US$5.4bn, a year-on-year increase of only 16%, the lowest growth in inflows relative to other digital asset investment products,” CoinShares added.

ETH noticed outflows value $161 million in the current 4 weeks.



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