Digital Asset Fund Flows | January 3rd 2024

2023 inflows 2.7x greater than 2022, Bitcoin the main benefactor

Digital asset investment products saw US$2.25bn of inflows for the full year in 2023, marking it as the 3rd largest year based on data back to 2017.
Importantly the inflows were 2.7x the inflows seen in 2022, marking a dramatic turnaround for the asset class.
Bitcoin was by a wide margin the greatest benefactor from improving investor sentiment, with US$1.9bn of inflows, representing 87% of total flows.

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