ETFGI reports assets invested in digital asset ETFs and ETPs listed globally have increased 63% year-to-date in 2023
LONDON — May 31, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in digital asset ETFs and ETPs listed globally have increased 63% year-to-date in 2023. Net inflows during April were US$121 Mn, bringing year-to-date net inflows to US$98 Mn, which is significantly lower than US$314 Mn in net inflows at this point last year, according to ETFGI’s April 2023 ETF and ETP digital asset 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 digital asset ETFs and ETPs listed globally have increased 63.6% year-to-date in 2023 going from $5.81 Bn at end of 2022 to $9.51 Bn at end of April.
- Year-to-date net inflows of $43.59 Bn in 2023 are the second highest on record, after year-to-date net inflows in 2021 of $61.15 Bn.
- Year-to-date net inflows of $98 Mn during 2023 are third highest on record, while the highest recorded YTD net inflows were of $2.69 Bn for 2021, followed by YTD net inflows of $314 Mn for 2022.
“The S&P 500 increased by 1.56 % in April and is up by 9.17% YTD in 2023. Developed markets excluding the US increased by 2.45% in April and are up 10.41% YTD in 2023. Switzerland (up 6.41%) and United Kingdom (up 5.28%) saw the largest increases amongst the developed markets in April. Emerging markets decreased by 0.50% during April but are up 2.38% YTD in 2023. Turkey (down 4.79%) and Thailand (down 4.69%) saw the largest decreases amongst emerging markets in April.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Global Digital Asset ETF and ETP asset growth as at end of April 2023
Since the launch of the first Digital Asset ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily. There were 163 digital asset ETFs and ETPs listed globally, with 471 listings, assets of US$10 Bn, from 33 providers on 20 exchanges in 16 countries. During April, 2 new Digital Asset ETFs/ETPs were launched.
Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered
$163.71 Mn during April. ProShares Bitcoin Strategy ETF (BITO US) gathered $40.23 Mn, the largest individual net inflow.
Top 20 Crypto ETFs/ETPs by net new assets April 2023
Name |
Ticker |
Assets ($ Mn) Apr-23 |
NNA ($ Mn) YTD-23 |
NNA ($ Mn) Apr-23 |
ProShares Bitcoin Strategy ETF |
BITO US |
988.12 |
76.84 |
40.23 |
BTCetc – ETC Group Physical Bitcoin - Acc |
BTCE GY |
566.20 |
101.22 |
30.05 |
Purpose Bitcoin ETF - CAD - Acc |
BTCC/B CN |
696.22 |
24.20 |
16.34 |
CoinShares Physical Bitcoin - Acc |
BITC SW |
320.24 |
19.56 |
10.93 |
ProShares Short Bitcoin Strategy ETF |
BITI US |
141.33 |
111.30 |
9.13 |
CI Galaxy Bitcoin ETF - Acc |
BTCX/B CN |
278.03 |
17.60 |
8.25 |
VanEck Ethereum ETN - Acc |
VETH GY |
84.60 |
7.48 |
7.07 |
Purpose Ether ETF - Carbon Offset - CAD Hdg |
ETHH CN |
193.19 |
(3.67) |
6.74 |
VanEck Bitcoin ETN - Acc |
VBTC GY |
171.22 |
11.34 |
6.41 |
21Shares Bitcoin ETP - Acc |
ABTC SW |
284.66 |
28.42 |
5.98 |
21Shares Ethereum Staking ETP - Acc |
AETH SW |
240.56 |
(0.75) |
5.82 |
Vaneck Bitcoin Strategy ETF |
XBTF US |
43.78 |
6.59 |
2.92 |
Global X Bitcoin ETP |
BT0X GY |
5.18 |
2.71 |
2.71 |
CoinShares Physical Ethereum - Acc |
ETHE SW |
144.28 |
4.49 |
2.66 |
WisdomTree Bitcoin - Acc |
BTCW SW |
196.46 |
10.70 |
2.40 |
Fidelity Advantage Bitcoin ETF |
FBTC CN |
46.70 |
6.01 |
1.93 |
Samsung Bitcoin Futures Active ETF |
3135 HK |
4.41 |
3.38 |
1.20 |
WisdomTree Ethereum |
ETHW SW |
43.15 |
3.60 |
1.11 |
CoinShares Physical Staked Matic |
CPYG GY |
3.37 |
1.52 |
0.92 |
Valkyrie Bitcoin Strategy ETF |
BTF US |
30.80 |
(1.02) |
0.90 |
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.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events
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