Bitcoin continues to attract investment in crypto funds
Date: 2025-05-06 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The total volume of assets under management of crypto funds has increased to $156 billion. In particular, significant funds were directed to exchange-traded funds (ETFs) focused on Ethereum and Solana, which attracted $149 million and $6 million, respectively. In turn, products based on XRP and Tezos received $10.5 million and $8.2 million. These figures indicate growing investor interest in a wide range of cryptocurrencies.
Analysts are confident that the positive dynamics can continue. However, the cryptocurrency market will depend on many factors, including further trade relations between the United States and other countries. An important point is the possibility of reaching agreements on the abolition or reduction of trade tariffs, which could have a significant impact on the market.
Earlier, specialists from the virtual assets department of Fidelity noted that according to the Net Unrealized Profit and Loss (NUPL) indicator, Bitcoin has left the "faith and denial" zone and moved into the "optimism and anxiety" zone. This may indicate an increase in investor confidence in the future of the cryptocurrency, despite the possible risks.
Thus, Bitcoin continues to be the main beneficiary of inflows into crypto funds, which confirms its leadership in the crypto market.
