Update (Oct. 9, 11:15 am UTC): This article has been updated to reflect the latest CoinShares data on 2024 inflows, addressing discrepancies in previously reported data by CoinShares from early 2025.
Cryptocurrency investment products have achieved a significant milestone, with year-to-date (YTD) inflows exceeding the total recorded in 2024.
Global crypto exchange-traded products (ETPs) have attracted $48.67 billion this year, surpassing the full-year total for 2024, as reported by CoinShares head of research James Butterfill, who shared the data in an X post on Thursday.
As per Butterfill’s latest update, crypto ETPs recorded $48.557 billion in inflows for 2024.
This new achievement follows record-breaking weekly inflows of $5.95 billion posted last week, with Bitcoin (BTC) leading the gains at a record $3.6 billion.
Bitcoin funds yet to match last year’s records
Bitcoin-based ETPs have continued to lead the crypto fund surge in 2025, with BTC funds attracting approximately $30 billion, which represents 62% of YTD inflows.
However, Bitcoin’s share has notably declined compared to 2024, when BTC fund inflows reached $41.7 billion, making up about 86% of total annual inflows.
Ether (ETH) funds, conversely, have dramatically outperformed last year’s figures, exceeding the previous total of $4.9 billion in July and nearly tripling to $14.1 billion, according to CoinShares’ Butterfill.
This increase in Ether funds this year has significantly raised their market share, with dominance increasing from 11% in 2024 to 29% as per the latest CoinShares report.
Solana and XRP leading altcoins in ETPs
In addition to Ether, Solana (SOL) and XRP (XRP) have emerged as key altcoins within crypto funds in 2025, according to CoinShares.
“Inflows into altcoins appear to be limited to SOL and XRP for now,” Butterfill noted, referencing their YTD inflows of $2.7 billion and $1.9 billion, respectively.
Butterfill’s latest data reflecting crypto ETP inflows totaling $48.557 billion in 2024 contradicts the $44 billion reported in early January.
“There were a few ETPs that we didn’t have in the system at the beginning of the year,” the analyst informed Cointelegraph on Thursday.
He also referenced Bloomberg trade updates that have elevated the total inflow figure. “The $48.55 billion figure is the most accurate,” Butterfill emphasized.
This news comes as the community anticipates significant developments in the crypto ETP industry in the upcoming weeks, with the US Securities and Exchange Commission expected to make decisions on various altcoin ETFs.
Related: Grayscale stakes $150M ETH as SEC altcoin ETF deadlines approach
In late September, NovaDius Wealth Management president Nate Geraci predicted that the first two weeks of October could be “huge” for US spot crypto ETFs.
Although the SEC has been limiting operations since Oct. 1 due to the US government shutdown, some major issuers have successfully launched new products. On Monday, Grayscale Investments introduced the first US-listed spot crypto ETPs with staking capabilities.
Magazine: Bitcoin may move ‘very quickly’ to $150K, altseason doubts: Hodler’s Digest, Sept. 28 – Oct. 4
