The impact of btc market shocks on crypto funds 2015–2025

The relevance of the research topic is related to rapid development of the cryptocurrency market. Bitcoin, as the first and most capitalized cryptocurrency, has a tangible impact on the entire sector. Its high volatility and sensitivity to external shocks not only open up investment prospects, but also carry serious risks for market participants, especially for crypto funds, specialized structures that manage digital assets. Market shocks caused by macroeconomic changes, new laws, technological breakthroughs, or mass liquidations on exchanges can dramatically affect the bitcoin price. The author examines exactly how such shocks affected cryptocurrency funds from 2015 to 2025, what mechanisms transmit this impact, how fund portfolios changed, and what strategies helped reduce risks and adapt to the unstable market environment. The novelty of the study lies in a comprehensive analysis of the bitcoin market shocks impact on crypto funds in the long term (2015–2025), considering the evolution of asset management strategies, volatility transmission mechanisms, and fund resilience to macroeconomic and market shocks. Unlike most studies focused on the short-term volatility of cryptocurrencies, this study examines systemic changes in the funds structure, the dynamics of their assets under management, and investment approaches in the face of crisis events such as market crashes in 2018, 2020, and 2022. It has been proven that the use of statistical modeling and time series analysis methods makes it possible to identify patterns of adaptation of crypto funds to a volatile market environment and offer practical recommendations on risk management.

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