Almost half of hedge funds invest in crypto. Here are their four strategies, and biggest fear – DL News
- A PwC survey of 100 hedge funds found almost half are betting on digital assets.
- The report also broke down their strategies, and where they are most cautious.
Some 47% of traditional hedge funds have exposure to digital assets, soaring from about 29% last year and 37% in 2022, a survey found.
The survey of about 100 global hedge funds, conducted by PwC, and the Alternative Investment Management Association, found that the firms piled in due to increased regulatory clarity, and the launch of spot crypto exchange-traded funds in both the US and Asia.
Among those already invested, more than two-thirds, or 67%, plan to keep the same amount of money in crypto, while the rest say they’ll amp up their holdings by the end of the year.
“Further…
