In May 2025, crypto fund assets surged to an all-time high of $167 billion, driven by $7.05 billion in net inflows—the strongest since December. Bitcoin and Ethereum funds led the gains, reflecting growing investor confidence as digital assets solidify their role in diversified portfolios.
In March 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, utilizing around 200,000 BTC owned by the government to integrate digital assets into state finances.
On May 7, 2025, Arizona Governor Katie Hobbs signed a significant law establishing a Bitcoin and Digital Assets Reserve Fund, making Arizona the second U.S. state to do so. This legislation aims to modernize state financial practices and protect residents' virtual assets.
The U.S. SEC has officially classified XRP as a Strategic Asset, marking a significant evolution in the financial landscape. President Trump has also announced the creation of a U.S. Crypto Strategic Reserve that includes XRP. This move is expected to elevate the role of digital assets in the U.S. economy.