Crypto Funds Near Record Highs
Global crypto funds have surged to $169 billion in total assets under management (AUM) as of May 12, 2025, approaching their all-time high of $173.3 billion. This growth is driven by sustained investor inflows over the past four weeks, reflecting renewed confidence in digital assets amid favorable macroeconomic conditions and regulatory developments .
The recent rally in Bitcoin, which is trading near $104,000, has been a significant contributor to this uptick. Analysts attribute the bullish momentum to factors such as easing U.S.-China trade tensions and increased institutional adoption. The introduction of U.S. spot Bitcoin ETFs in January 2024 has also played a pivotal role, attracting substantial capital and legitimizing crypto investments in traditional financial markets .
Looking ahead, the crypto fund management industry is poised for further expansion. A report by Bernstein suggests that assets under management could reach as much as $650 billion within the next five years, driven by the maturation of the sector and the launch of new investment products . This trajectory underscores the growing integration of cryptocurrencies into mainstream finance and the increasing interest from both retail and institutional investors.
