Billions of dollars have written history: Cryptocurrency investments have reached record levels.

Digital asset investments showed a record increase in 2024. As of October, total inflows reached 27 billion dollars, highlighting the growing interest of investors in this area. The market atmosphere, supported by optimism regarding the presidential elections in the USA, particularly led to a noticeable rise in Bitcoin investments.

Bitcoin and Crypto Assets: The New Favorite of Investors

The digital asset markets recorded unprecedented growth in 2024. By October, the total inflow volume into investment products in the sector reached 27 billion dollars, surpassing three times the total figure of 2021.

The positive atmosphere created by the political climate in the USA increased investors' interest in crypto assets. Particularly in the last week of October, Bitcoin-focused investment vehicles attracted attention with a net inflow of 901 million dollars. According to data published by CoinShares, Bitcoin investments rose to 920 million dollars, while there was an outflow of 1.3 million dollars from short-term Bitcoin positions.

On the Ethereum front, the picture was different. In contrast to Ethereum, which exhibited its weakest performance in recent times with an outflow of 35 million dollars, Solana managed to attract an inflow of 10.9 million dollars. Investment products containing multiple assets also saw interest with an inflow of 2.1 million dollars.

The dominance of the USA in the global market became distinctly evident. American-based investment products reached a trading volume of 906 million dollars, taking the lion's share. The presence of Bitcoin and Ethereum ETFs in the country was among the significant factors supporting this growth.

In other countries, the picture was more stagnant. Germany recorded an inflow of 14.7 million dollars, and Switzerland saw an inflow of 9.2 million dollars, while Canada experienced an outflow of 10.1 million, Brazil 3.6 million, and Hong Kong 2.7 million dollars.

According to CoinShares' assessment, the increase in investments in the USA is driven by the optimism created by Republican candidate Donald Trump's polling results against Democratic candidate Kamala Harris. This development indicates that confidence in the crypto asset markets has increased during the election process.