Crypto Fund Assets Surge to All-Time High of $167 Billion

In May, crypto investment funds witnessed a record surge in inflows, reaching $7.05 billion. This impressive influx propelled total assets under management (AUM) to an all-time high of $167 billion, reflecting a renewed wave of confidence in the digital asset market. 🎧 📈 This significant rise is attributed to investors seeking alternative investments amid heightened market volatility and uncertainty. They’re steering away from traditional U.S.-based assets as they seek hedging against volatility.