The global crypto assets under management (AUM) saw a sharp increase in 2021. Despite Bitcoin being the most popular investment product, other digital assets such as Ethereum (ETH), Solana(SOL), Binance Coin/BNB and Polkadot/DOT have seen a rise in popularity over the past 12 months.
In 2021, the total amount of crypto investment products was $9.3 billion, 36% more than in 2020. CoinShares’ latest weekly report on digital asset fund flows shows that crypto AUM was $62.5 billion at the close of last year.
Digital asset investment products saw an increase of 36% in inflows in 2021. This is a 36% increase over 2020. The increase in 2019 to 2020 was much higher at 806%. However, this is a mature industry with total crypto assets under administration (AuM) ending at US$62.5bn by 2021, compared to just US$2.8bn at 2019, the report stated.
Inflows to the crypto asset dominated in 2021. More than 60% of all inflows to the crypto asset last year came from it. BTC investment products accounted for nearly $6.3 billion of the total inflows over the past 12 months, as compared to $5.4 trillion in 2020.