Crypto ETP 2021 Trends: Bull Market Levels Reached due to Unprecedented Inflows
The crypto-asset market is undergoing a dramatic rise, with crypto ETP 2021 trends indicating a historic inflow into crypto-based exchange-traded products (ETPs). This development has resulted in a remarkable surge in their collective assets under management (AUM) to figures evocative of the 2021 bull market peak, as reported by CoinShares. Currently, the AUM of crypto investment products is a staggering $67 billion, a peak not reached since December 2021. The extraordinary growth in AUM can be traced back to the inflows of $5.2 billion witnessed since the start of the year and the positive price trends in the crypto market. Emphasizing the crypto ETP 2021 trends, a record $2.45 billion inflows were noted in the week ending Feb. 16, primarily driven by US-listed crypto ETPs. Among these, the 10 sanctioned spot Bitcoin ETFs had a substantial impact, witnessing a significant acceleration of net inflows.
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