3 weeks ago
Fundraising for blase crypto concern vehicles has yet to afloat acquisition the anticipated affirmative headwind of the Donald Trump presidency, according to a new study by the Crypto Insight Group.
Momentum "remains affirmative but slower than [fund] managers anticipated nether the caller Trump administration," the Hedge Fund Outlook 2Q25 study said.
"Net inflows continue, yet the gait lags early-year projections arsenic allocators calibrate hazard budgets," it added.
The ostensibly pro-crypto presumption of the Trump medication brought astir optimism crossed the integer plus manufacture of bullish momentum acknowledgment to the accrued regulatory clarity that was expected successful the U.S.
Hopes of immoderate benignant of wide regulatory model by June "may person been a spot optimistic," Laura Vidiella del Blanco, caput of capitalist relations for integer assets astatine VanEck, said successful the report.
"While nett caller superior continues to travel into backstage funds, the archetypal fewer months of 2025 brought a bid of amazed that person intelligibly influenced allocators' consciousness of urgency astir deployment and the velocity astatine which galore money managers expected things to happen," she added.
Trump giveth and Trump taketh away?
Despite the optimism for what a pro-crypto medication successful Washington, D.C. could bring, President Trump's unveiling of his assertive plans for tariffs connected imports to the U.S. brought astir volatility successful fiscal markets from which crypto suffered arsenic overmuch arsenic immoderate different plus class.
Bitcoin fell to a six-month debased of around $76,000 successful the days aft caller tariffs initially went into effect aboriginal this month. For the crypto community, this whitethorn person been a indicator that Trump giveth and Trump taketh away.
"Trump's tariffs person already unleashed mayhem successful planetary marketplace and destroyed trillions of dollars successful value," Chris Solarz, main concern serviceman of Amitis Capital, said successful the report.
"His inconsistent and unpredictable rhetoric has shaken capitalist assurance and raised fears of a full-blown instrumentality to 1930s-style protectionism."
However, the wide sentiment toward the Trump medication from money managers is "overwhelmingly constructive," based connected the report's surveys.
Over fractional (52%) of respondents said they expect much affirmative surprises than expected from argumentation decisions successful the adjacent 12 months, compared to little than 10% saying they expected much antagonistic surprises and astir 40% saying decisions would align with their expectations.
Managers expect upside surprises specified arsenic clearer token classifications, stablecoin authorities and a credible way to spot marketplace products, the study said.
"Trump's caller geopolitical moves reenforce this view: by underscoring U.S. competitiveness successful strategical tech, they are seen arsenic catalysts that could accelerate organization adoption alternatively than impede it."
Respondents were reasonably evenly divided connected whether Trump's geopolitical moves would person an effect connected organization adoption of crypto. Around 36% said they would hold adoption, compared to astir 34% believing they would accelerate adoption and 30% saying they would person nary impact.
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