Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew

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Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew
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Crypto investment managers saw over $60B in AUM, with funds raking in over $9B in inflows last year.

Crypto investment products registered $9.3 billion in inflows during the year, up from $6.8 billion in 2020, according to the latest CoinShares data, which was released on Tuesday. Bitcoin funds attracted $6.3 billion worth of capital last year, while Ether products saw inflows totaling nearly $1.4 billion. Multi-asset funds were also popular, attracting $775 million in investor capital.

A total of 37 investment products launched in 2021, compared with 24 that hit the market the year before. Notably, crypto assets that were included in investment products expanded to 15 from nine the previous year. Grayscale remains the single largest crypto asset manager with $43.5 billion in assets under management as of Monday. Other multi-billion-dollar asset managers included 3iQ, 21Shares, ETC Group, Purpose and ProShares.

01/03/22 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

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