This week, risk appetite in both traditional and cryptocurrency markets significantly increased, prompting U.S. crypto funds to recover losses incurred during the adjustments in February and March, with total weekly inflows exceeding $7.5 billion.
On May 21, Bitcoin (BTC) broke its previous historical high, just two days after U.S. President Trump confirmed that ceasefire negotiations between Russia and Ukraine were ongoing.
Meanwhile, renowned analyst and CEO of Global Macro Investor Raoul Pal warns that fiat currency devaluation may intensify, urging investors to increase their investments in cryptocurrencies and NFTs, as these assets 'will never be this cheap again.'
The era of accelerated currency devaluation: 'You don’t have enough cryptocurrency and NFTs.'
Cryptocurrencies and NFTs can help investors protect their deteriorating purchasing power during periods of accelerated currency devaluation.
In this world of 'index age and currency devaluation', investing in digital assets is becoming increasingly important. Raoul Pal says: 'You don’t have enough cryptocurrency. When you have enough cryptocurrency, your NFTs are still not enough because they are the source of artistic wealth. Both will never be this cheap again.'
NFTs are considered 'the best long-term store of wealth I know, and you can buy it before the network effect kicks in,' Pal adds.
Research analyst Nicolai Sondergaard stated that NFTs becoming an investment tool for the wealthy after reaching a certain level of wealth is a 'natural trend of asset diversification.'
U.S. crypto funds attracted over $7.5 billion in investment in 2025, indicating growing investor interest in digital assets. The U.S. accounted for the majority of inflows at $681 million, followed by Germany and Hong Kong.
VanEck plans to launch an Avalanche ecosystem fund.
VanEck plans to launch a private digital asset fund targeting a Web3 project built on the Avalanche blockchain network in June.
The fund is available only to accredited investors and will invest in liquid tokens and venture-supported projects across multiple Web3 sectors, including gaming, financial services, payments, and artificial intelligence. Idle funds will be used for real asset products on Avalanche (AVAX).
