ETFGI reports assets invested in Crypto ETFs and ETPs listed globally reached a new record high of 91.69 billion US Dollars at the end of July

Press Release

LONDONAugust 27, 2024 — ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reported today that assets invested in Crypto ETFs and ETPs listed globally reached a new record high of US$91.69 billion at the end of July.  During July Crypto ETFs and ETPs listed globally gathered net inflows of US$11.02 billion, bringing year-to-date net inflows to US$56.62 billion, according to ETFGI’s July 2024 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 invested in Crypto ETFs and ETPs listed globally reached a new record of $91.69 Bn at the end of July beating the previous record of $84.69 Bn at the end of March 2024.
  • Assets have increased 506.4% during 2024 going from $15.12 Bn at end of 2023 to $91.69 Bn.
  • Net inflows of $11.02 Bn gathered during July.
  • Year-to-date net inflows of $56.62 Bn are the highest on record, the 2nd highest YTD net inflows was $4.05 Bn for 2021 and 3rd ranked YTD net inflows was $794.02 Mn for 2022.
  • 3rd month of net inflows.

“The S&P 500 index increased by 1.22% in July and is up 16.70% YTD in 2024. The developed markets excluding the US index increased by 3.37% in July and is up 8.12% YTD in 2024. Ireland (up 6.48%) and Belgium (up 6.42%) saw the largest increases amongst the developed markets in July. The Emerging markets index increased by 0.57% during July and is up 8.70% YTD in 2024. Greece (up 6.93%) and United Arab Emirates (up 6.18%) saw the largest increases amongst emerging markets in July”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Asset growth in the Global Crypto ETFs and ETPs listed globally as of the end of July  

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Since the launch of the first Crypto ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily, with 235 Crypto ETFs and ETPs listed globally with 588 listings, assets of US$91.69 Bn, from 50 providers listed on 22 exchanges in 16 countries at the end of July 2024.  

Following net inflows of $11.02 Bn and market moves during the month, assets invested in Crypto ETFs and ETPs listed globally increased by 23.9% from $73.98 Bn at the end of June 2024 to $91.69 Bn at the end of July 2024.


Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $11.14 Bn during July. Grayscale Ethereum Trust (ETHE US) gathered $4.65 Bn, the largest individual net inflow.

 

Top 20 Crypto ETFs/ETPs by net new assets July 2024    

 

Name

Ticker

Assets

($ Mn)

Jul-24

NNA

($ Mn)

YTD-24

NNA

($ Mn)

Jul-24

Grayscale Ethereum Trust

ETHE US

6,627.51

4,650.11

4,650.11

 

iShares Bitcoin Trust

IBIT US

22,582.84

20,041.21

2,303.47

 

Grayscale Ethereum Mini Trust ETH

ETH US

1,155.33

1,000.89

1,000.89

 

Fidelity Wise Origin Bitcoin Fund

FBTC US

11,848.19

9,979.96

778.66

 

iShares Ethereum Trust

ETHA US

621.99

633.80

633.80

 

Bitwise Ethereum ETF

ETHW US

275.66

287.13

287.13

 

Fidelity Ethereum Fund

FETH US

277.88

283.68

283.68

 

2x Bitcoin Strategy ETF

BITX US

1,763.19

1,776.42

255.07

 

ARK 21Shares Bitcoin ETF

ARKB US

3,227.59

2,596.09

183.26

 

ProShares Bitcoin Strategy ETF

BITO US

1,926.17

42.13

118.29

 

ProShares Ultra Bitcoin ETF

BITU US

365.32

383.98

87.66

 

Vaneck Bitcoin Trust

HODL US

739.54

678.26

80.77

 

21Shares Ethereum ETP - Acc

AETH SW

518.21

15.64

78.82

 

Bitwise Bitcoin ETP Trust

BITB US

2,554.01

2,090.93

70.83

 

Invesco Galaxy Bitcoin ETF

BTCO US

524.76

363.25

65.32

 

Vaneck Ethereum ETF

ETHV US

60.12

61.37

61.37

 

Ether Strategy ETF

ETHU US

110.09

124.41

59.55

 

Franklin Bitcoin ETF

EZBC US

450.70

405.53

58.37

 

Hashdex Nasdaq Crypto Index Europe ETP

HASH SW

175.18

145.50

55.04

 

Franklin Ethereum ETF

EZET US

31.20

32.17

32.17

 

 

 

               

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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