Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew By Cointelegraph

Institutional cryptocurrency funds attracted record inflows in 2021, as demand for digital assets such as (BTC) and Ether (ETH) continued to grow during a volatile and often unpredictable bull market.

Crypto investment products registered $9.3 billion in inflows during the year, up from $6.8 billion in 2020, according to the latest CoinShares data, which was released on Tuesday. Bitcoin funds attracted $6.3 billion worth of capital last year, while Ether products saw inflows totaling nearly $1.4 billion. Multi-asset funds were also popular, attracting $775 million in investor capital.