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Crypto Investment Funds Reach Record $167B AUM as Capital Rotates Out of Traditional Markets
In a surprising yet not entirely unexpected move, the crypto investment funds have reached a record-breaking high of $167 billion in assets under management (AUM). This significant milestone is marked by a stark shift away from traditional markets and towards digital assets. The data highlights the growing confidence among investors, who are increasingly allocating their capital to cryptocurrencies.
The latest figures reveal that over $7 billion has flowed into crypto funds during May alone, a staggering increase in investment activity. In contrast, global equity funds have shed nearly $6 billion in new net assets during the same period. Notably, gold funds have also seen outflows of some magnitude.
Source: nulltx.com
