- Bitcoin record high fuels $3.85 billion in crypto investment inflows.
- Ethereum sees record inflows, surpassing $1 billion amid strong market sentiment.
Cryptocurrency investment products saw a record surge in inflows, with $3.85 billion invested during the week of December 2–6, 2024, according to CoinShares. This new milestone surpasses the previous record of $3.12 billion set in November when BTC was priced at $98,000.
The inflows coincided with Bitcoin’s historic rise above $100,000, reaching an all-time high of $104,000 on December 5. Bitcoin led the charge, accounting for $2.5 billion of the total weekly inflows, bringing its year-to-date inflows to $36.5 billion. This surge reflects growing institutional interest and confidence in Bitcoin’s continued bullish momentum.
Moreover, Ethereum also set a new record, with Ethereum exchange-traded products (ETPs) seeing $1.2 billion in weekly inflows. This increase came as Ether surged past $4,000 on December 6, contributing to the overall positive sentiment in the market. However, this spike in Ethereum investment came at the expense of Solana, which experienced $14 million in outflows, marking its second consecutive week of negative flows.
Blockchain equities saw $124 million in inflows, driven by improving Bitcoin miner margins, further boosting confidence in the sector.
High Expectations On 2025 Adoption Impact
Looking ahead, cryptocurrency exchange-traded products are expected to see significant growth, with 21Shares forecasting that assets under management (AUM) in crypto ETPs could reach $150 billion by 2025. Factors such as institutional demand, favorable regulatory conditions, and the expanding adoption of Bitcoin and Ethereum will likely continue to drive this growth.
As the crypto market matures, increased adoption of stablecoins and Bitcoin by nation-states, such as Argentina. It is expected to further shape the digital asset landscape in 2025.
Meanwhile, Bitcoin is trading at $98153 with a 2% decline in the price and a 61% increase in the market cap over 24 hours. In the same timeline, Ethereum is trading at $3856 with a 3% price decline and a 40% volume increase.
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