The cryptocurrency investment sector experienced an unprecedented surge last week, with $3.85 billion pouring into digital asset investment products.
Year-to-Date Growth and Record Highs
According to CoinShares, the inflow of $3.85 billion for the week of December 2–6 has increased year-to-date (YTD) inflows to $41 billion. This growth pushed total assets under management (AUM) in digital asset products to a new all-time high of $165 billion, surpassing the 2021 peak when AUM reached $83 billion.
Investment Distribution by Cryptocurrencies
Bitcoin attracted the lion's share of inflows, with $2.5 billion flowing into Bitcoin-focused products, leading to a record $36.5 billion in YTD inflows. On the other hand, Ethereum experienced its largest weekly inflow ever, with $1.2 billion flowing into Ethereum-based products, surpassing significant inflows seen after the launch of spot Ethereum ETFs in July.
Regional Inflows: The U.S. Dominates
The United States led global inflows, contributing $3.6 billion of the total $3.85 billion for the week. Other countries also contributed significantly, including Switzerland ($160 million), Germany ($116 million), Canada ($14 million), and Australia ($10 million).
These record inflows highlight the growing interest in digital assets as their impact in the financial world continues to expand.
