Analysis of Investment Inflows into Digital Assets
According to a report by JPMorgan analysts, since the beginning of 2025, $60 billion has flowed into digital assets. This is an increase of 50% compared to May, and there is a possibility that this figure will surpass the record set in 2021.
Sources of Capital Inflows
The main sources contributing to the influx of investments into digital assets include:
- Crypto Funds: Investors are actively putting money into specialized funds focused on cryptocurrencies.
- CME Futures: Increased interest in cryptocurrency futures contracts on the Chicago Mercantile Exchange (CME) is also driving growth.
- Venture Investments: A rise in venture capital investments in startups and projects related to blockchain and cryptocurrencies supports the overall growth of the sector.
Main Driver of Growth
A key factor contributing to the increase in capital inflows is the improvement in legislation in the U.S.:
- GENIUS Act: This law introduced clear rules for stablecoins, which has increased trust in digital assets.
- CLARITY Act: This legislation is expected to make the U.S. a more attractive jurisdiction for cryptocurrency projects compared to the European Union.
Ethereum as the Main Beneficiary
Ethereum has emerged as the primary beneficiary of current trends. Investors are actively buying ETH as an alternative to BTC for several reasons:
- DeFi Dominance: The growth of decentralized finance (DeFi) is drawing attention to Ethereum as a platform for smart contracts.
- Institutional Interest: More institutional investors are viewing ETH as a strategic asset.
- Use in Corporate Reserves: Companies are beginning to include ETH in their reserves, further driving demand.
- Demand for Staking ETFs: Interest in ETFs that offer staking opportunities for ETH continues to grow.
Example: ETHA from BlackRock
The ETHA fund managed by BlackRock has shown impressive results:
- Raised $10 billion in a year: This confirms high investor interest in this instrument.
- Growth from $5 to $10 billion in 10 days: Such rapid growth makes the fund one of the most successful in history.
- Top 3 fund by inflow speed in history: ETHA has become the third fastest fund to attract capital, following the BTC-ETFs from BlackRock and Fidelity.
Latest Data
In the last 24 hours, there has been a significant net inflow into Ethereum ETFs:
- Net Inflow: $332.2 million.
- BlackRock Fund: Of this amount, $324.6 million went into the BlackRock fund.
- Total Inflow across all 9 ETH ETFs in the U.S.: Reached $8.65 billion, highlighting the overall interest in Ethereum and its ETFs.
The overall growth of investments in digital assets, particularly in Ethereum, indicates positive changes in the legislative environment and increasing institutional interest. Given the current trends and support from new laws, further growth and development of the cryptocurrency market can be expected in 2025.
