Institutional investors poured in record $9.3 billion into crypto funds in 2021

Global crypto-themed funds witnessed record net inflows of $9.3 billion during 2021, a 36% increase over 2020 as institutional adoption grew in a breakout year for crypto assets.

While the increase from 2019 to 2020 was significantly higher at 806%, this represents a maturing industry, with total assets under management (AUM) ending the year at $62.5 billion in 2021 versus just $2.8 billion at the end of 2019.