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ETFGI reports assets invested in Digital Asset ETFs and ETPs listed globally reached US$9 billion at the end of Q1 2021

24/7 Wall St. Staff

Published: April 30, 2021 10:54 am

By ETFGI

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported [Friday] that Digital Asset ETFs and ETPs listed globally gathered net inflows of US$557 million during March, bringing year-to-date net inflows to US$1.64 billion which is much higher than the US$14 million gathered at this point last year. Assets invested in Digital Assets ETFs and ETPs increased by 32% from US$6.8 billion at the end of February 2021 to US$9 billion, according to ETFGI’s March 2021 ETFs and ETPs Digital Asset industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.)

Highlights

• Assets of $9 Bn invested in Digital Asset ETFs and ETPs listed globally at the end of March are the highest on record.
• Assets invested in Digital Assets ETFs and ETPs increased by 32% from $6.8 billion at the end of February 2021 to $9 billion.
• During March Digital Asset ETFs and ETPs gathered net inflows of $557 Mn.
• YTD, Q1 net inflows of $1.64 Bn are the highest on record.

“The S&P 500® gained 4.4% in March and 6.2% in Q1, supported by the increasing pace of COVID-19 vaccinations and continued monetary and fiscal support. Global equities gained 2.5% in March and 5.2% in Q1, as measured by the S&P Global BMI. 38 of the 50 countries advanced during the month and 35 were positive at the end of Q1. Developed markets ex-U.S. gained 2.3% in USD terms in March and 4.0% in Q1. Emerging markets were down 1.6% in USD terms in March and up 2.8% in Q1, as measured by the S&P Emerging BMI,” according to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Global Digital Assets ETF and ETP asset growth as at end of March 2021

Since the launch of the first Digital Asset ETFs and ETPs in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily. At the end of Q1, there were 29 Digital Asset ETFs and ETPs, with 62 listings, assets of US$9 Bn, from 13 providers listed on 9 exchanges in 8 countries. During March, 3 new Digital Asset ETFs and ETPs were listed.

There are currently 8 pending Bitcoin ETF filings with the SEC in the United States pending approval. The Winklevoss Bitcoin Trust was the first Bitcoin ETF filing submitted to the SEC in the US in July 2013. There have been 29 Bitcoin ETF filings submitted to the SEC since 2013.

Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $472 Mn at the end of March.  The BTCetc- Bitcoin ETP – Acc (BTCE GY) gathered $198 Mn the largest individual net inflows in March.

Top 20 Digital Assets ETFs/ETPs by net new assets March 2021

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

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