Crypto ETF AUM increases 56.3% in H1 2023 but remains shy of 2021 peak

ETFGI data

Crypto ETFs and ETPs gained net inflows of $425m throughout June, leaving assets under management in the sector 56.3% higher than at the start of the year.

Strong inflows this month brought total assets to $9.1bn, up 9.7% throughout the month. However, this is still far below the 2021 total of $16bn. Active ETFs punch above their weight in H1 inflows Data from ETFGI revealed that net inflows in H1 2023 for crypto ETFs and ETPs reached just $242m, lower than the $567m of net inflows throughout H1 2022. $433.8m of the inflows throughout June went to just the top 20 ETFs and ETPs, with BTCetc - ETC Group Physical Bitcoin - Acc gathering $121.2m, the largest individual net inflow. Since the first crypto ETF/ETP launched in 2015, th...