Investment products in cryptocurrency have hit a significant milestone, with year-to-date (YTD) inflows exceeding the total gains recorded in 2024.
Global crypto exchange-traded products (ETPs) have drawn in $48.67 billion this year, surpassing the total for 2024, as reported by CoinShares’ head of research, James Butterfill, in a recent X post.
In 2024, crypto ETPs saw inflows of $44.2 billion, fueled by a major surge following the historic introduction of spot crypto exchange-traded funds (ETFs) in the United States.
This new achievement builds on record weekly inflows of $5.95 billion noted last week, with Bitcoin (BTC) leading the pack, capturing $3.6 billion.
Bitcoin funds still short of last year’s records
Bitcoin-based ETPs continued to take the lead in the crypto fund boom of 2025, attracting about $30 billion, representing 62% of YTD inflows.
Nevertheless, Bitcoin’s dominance has declined compared to 2024, when BTC fund inflows reached $38 billion, which accounted for about 86% of total annual inflows.
Ether (ETH) funds have significantly exceeded last year’s performance, surpassing last year’s total of $4.9 billion in July and nearly tripling to reach $14.1 billion, according to CoinShares’ Butterfill.
The growth in Ether funds this year has greatly increased their market share, with dominance rising from 11% in 2024 to 29% per the latest report from CoinShares.
Solana and XRP among top altcoins in ETPs
Beyond Ether, Solana (SOL) and XRP have emerged as leading altcoins in crypto funds for 2025, according to CoinShares.
“Inflows into altcoins seem to be primarily concentrated in SOL and XRP at the moment,” Butterfill noted, citing their YTD inflows of $2.7 billion and $1.9 billion, respectively.
This news comes as the community anticipates significant developments in the crypto ETP sector in the weeks to come, with the US Securities and Exchange Commission expected to announce decisions on several altcoin ETFs.
Related: Grayscale stakes $150M ETH as SEC altcoin ETF deadlines approach
In late September, Nate Geraci, president of NovaDius Wealth Management, projected that the first two weeks of October could be “enormous” for US spot crypto ETFs.
Although the SEC has halted operations since Oct. 1 due to the US government shutdown, some major issuers have launched new products. On Monday, Grayscale Investments introduced the first US-listed spot crypto ETPs with staking capabilities.
Magazine: Bitcoin may move ‘very quick’ to $150K, altseason doubts: Hodler’s Digest, Sept. 28 – Oct. 4