according to the materials of the website - By FinTax
Expansion of the landscape of crypto funds
In recent years, as the market for crypto assets has gradually developed, the scale of crypto funds has steadily grown. Data from Morningstar (May 2025) shows that the total assets under management of 294 crypto funds reached $167 billion, while net inflows exceeded $7 billion in one month, marking the highest record since the end of last year. At the same time, according to data from the IMF Crypto-Assets Monitor, the total market capitalization of the global crypto asset market exceeded $3.5 trillion in the second quarter of 2025. The market volume coexists with volatility, and the complexity of assessment and disclosure has significantly increased. Institutional investors' interest in asset allocation is also growing: according to the EY 2025 institutional investor survey, 59% of respondents plan to allocate more than 5% of their assets under management (AUM) to crypto assets, which further raises the demands for compliance with internal requirements and transparency. Faced with this rapidly growing market segment, the administration of funds is encountering entirely new challenges.