Amid increasing geopolitical and economic uncertainty, venture capital has lost its visibility and investors are fleeing digital assets.
Globally Digital Asset Fund According to a report by Coinshares, $1.7 billion was lost last week alone, bringing the total outflow to more than $6.4 billion in five weeks. In the U.S., Bitcoin (BTC) Exchange Trade Funding (ETFS) recorded its longest weekly appearance streak since its debut in January 2024, with investors raising more than $5.4 billion in the past five weeks.
President Donald Trump expresses support for cryptocurrency, including building a Bitcoin strategic reservesso far, this support has failed to offset concerns about trade tensions and monetary policy caused by tariffs.
Bitcoin has dropped more than 21% in $83,000 over the past three months, while the broader Coindesk 20 index (CD20) lost 34.6% of its value in the same period.
