ETFGI reports Crypto ETPs listed globally suffered net outflows of US$83 million during August 2022
LONDON —September 28, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Crypto ETFs and ETPs listed globally saw net outflows of US$83 million during August, bringing year-to-date net inflows to US$712 million, which is much lower than the US$4.17 billion gathered at this point last year. Total assets invested in Crypto ETFs and ETPs decreased by 10.0% from US$8.22 billion at the end of July 2022 to US$7.39 billion, according to ETFGI’s August 2022 ETF and ETP Crypto industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets of $7.39 Bn invested in Crypto ETFs and ETPs listed globally at the end of August 2022.
- Assets have decreased 54.0% during 2022 going from $16.05 Bn at end of 2021 to $7.39 Bn.
- Net outflows of $83 Mn during August 2022.
- Year-to-date net outflows of $712 Bn during 2022.
- $5.64 Bn in net outflows gathered in the past 12 months.
- 1st month of outflows.
“The S&P 500 decreased by 4.08% in August and is down by 16.14% YTD in 2022. Developed markets excluding the US decreased by 4.39% in August and are down 19.53% YTD in 2022. Sweden (down 10.80%) and Netherlands (down 9.52%) saw the largest decreases amongst the developed markets in August. Emerging markets increased by 1.46% during August but are down 15.23% YTD in 2022. Turkey (up 19.47%) and Pakistan (up 15.39%) saw the largest increases amongst emerging markets in August, while Poland (down 10.78%) and Czech Republic (down 8.75%) saw the largest decreases.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
The Global Crypto ETF/ETP had 155 ETFs/ETPs, with 461 listings, assets of $7.39 Bn, from 31 providers on 17 exchanges in 14 countries. Following net outflows of $83 Mn and market moves during the month, assets invested in Crypto ETFs/ETPs listed globally decreased by 10.0% from $8.22 Bn at the end of July 2022 to $7.39 Bn at the end of August 2022.
Global Crypto ETF and ETP asset growth as at end of August 2022
Since the launch of the first Crypto ETF/ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily, with 155 Crypto ETFs/ETPs and 461 listings globally at the end of August 2022. During August, no new Digital Asset ETFs/ETPs were launched.
Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $74.17 Mn during August. CI Galaxy Ethereum ETF (ETHX/B CN) gathered $14.77 Mn, the largest individual net inflow.
Top 20 Crypto ETFs/ETPs by net new assets August 2022
Name |
Ticker |
Assets ($ Mn) Aug-22 |
NNA ($ Mn) YTD-22 |
NNA ($ Mn) Aug-22 |
CI Galaxy Ethereum ETF |
ETHX/B CN |
345.41 |
(152.80) |
14.77 |
Ether Tracker One - Acc |
COINETHE SS |
433.57 |
(136.59) |
8.88 |
BTCetc - Bitcoin ETP - Acc |
BTCE GY |
329.77 |
(53.12) |
8.60 |
ProShares Short Bitcoin Strategy ETF |
BITI US |
85.59 |
93.24 |
7.29 |
CoinShares Physical Bitcoin - Acc |
BITC SW |
192.84 |
48.59 |
4.84 |
Hashdex Nasdaq Crypto Index ETF |
HDEX BH |
245.79 |
80.85 |
4.66 |
Hashdex Nasdaq Crypto Index Fundo de Índice |
HASH11 BZ |
212.47 |
92.44 |
4.41 |
CoinShares Physical Ethereum - Acc |
ETHE SW |
110.69 |
33.80 |
3.36 |
VanEck Ethereum ETN - Acc |
VETH GY |
63.31 |
12.46 |
2.38 |
Purpose Bitcoin Yield ETF |
BTCY/B CN |
26.17 |
43.67 |
1.96 |
Hashdex Nasdaq Ethereum ETF |
HETH BH |
19.45 |
11.44 |
1.92 |
Hashdex Nasdaq Ethereum Reference Price Fundo de Índice |
ETHE11 BZ |
19.72 |
11.64 |
1.76 |
21Shares Crypto Basket 10 ETP |
HODLX SW |
4.38 |
4.54 |
1.42 |
Betapro Inverse Bitcoin ETF |
BITI CN |
50.38 |
14.89 |
1.35 |
Purpose Ether Yield ETF |
ETHY/B CN |
35.85 |
59.40 |
1.34 |
Bitcoin ETF - CAD - Acc |
EBIT CN |
49.21 |
8.44 |
1.25 |
21Shares Bitcoin ETP - Acc |
ABTC SW |
168.51 |
42.38 |
1.10 |
Empiricus Teva Criptomoedas Top20 Fundo de Indice Investimento no Exterior |
CRPT11 BZ |
8.13 |
10.84 |
1.04 |
Vaneck Bitcoin Strategy ETF |
XBTF US |
19.54 |
22.06 |
0.98 |
21Shares Ethereum ETP - Acc |
AETH SW |
204.18 |
20.38 |
0.89 |
Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.
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