01.04.2022

Record Invested in Crypto ETFs and ETPs

01.04.2022
Record Invested in Crypto ETFs and ETPs

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported a record US$20.23 billion invested in Crypto ETFs and ETPs listed globally at the end of November 2021.

Crypto ETFs and ETPs listed globally gathered net inflows of US$1.11 billion during November, bringing year-to-date net inflows to US$9.26 billion which is much higher than the US$278 million gathered at this point last year.

Total assets invested in Crypto ETFs and ETPs increased by 3.7% from US$19.52 billion at the end of October 2021 to US$20.23 billion at the end of November, according to ETFGI’s November 2021 Crypto ETFs and ETPs industry landscape insights report, a monthly report which is part of an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)

Highlights

  • Record $20.23 invested in Crypto ETFs and ETPs listed globally at the end of November.
  • Assets increased by 3.7% from $19.52 billion at end October to $20.23 billion at end November.
  • Assets have increased 549% year to date in 2021 going from $3.12 Bn at end of 2020 to $20.23 Bn at end November.
  • Crypto ETFs and ETPs listed globally gathered net inflows of $1.11 billion during November.
  • Record YTD net inflows of $9.26 Bn beating the prior record of $278 Mn gathered YTD in 2020.
  • $9.40 Bn in net inflows gathered in the past 12 months.
  • 4 Consecutive months of net inflows.

“Due to the growing threat of a new COVID variant Omicron, the S&P 500 declined 0.69% in November, however, the index is up 23.18% year to date. Developed markets, excluding the US, experienced a fall of 4.94% in November. Israel (down 1.03%) and the US (down 1.47%) experienced the smallest losses among the developed markets in November, while Luxembourg suffered the biggest loss of 16.90%. Emerging markets declined 3.53% during November. United Arab Emirates (up 8.15%) and Chile (up 5.51%) gained the most, whilst Turkey (down 13.72%) and Poland (down 11.95%) witnessed the largest declines.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Since the launch of the first Crypto ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily. At the end of November there were 80 Crypto ETFs/ETPs with 224 listings assets of US$20.23 Bn, from 21 providers listed on 16 exchanges in 13 countries.  During November, 10 new Crypto ETFs/ETPs were launched.

Crypto ETFs and ETPs listed globally gathered net inflows of $1.11 billion during November.  Bitcoin ETFs/ETPs reported net inflows of $528 Mn during November, bringing year to date net inflows to $5.23 Bn, much higher than the $226 Mn in net inflows Bitcoin ETFs/ETPs had attracted year to date in 2020. Ethereum ETFs/ETPs listed in had net inflows of $342 Mn during November, taking year to date net inflows to $1.98 Bn, greater than the $25 Mn in net inflows Ethereum ETFs/ETPs had reported at this point in 2020.

Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered
$908 Mn during November. ProShares Bitcoin Strategy ETF (BITO US) gathered $352 Mn the largest individual net inflow in November.

Source: ETFGI

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