A recent survey by the Alternative Investment Management Association and PwC has found that 47% of hedge funds that traditionally invest in standard assets now have exposure to cryptocurrencies. This represents a significant increase from previous years, with 29% in 2023 and 37% in 2022. Of the hedge funds already invested in digital assets, 67% plan to maintain their current levels of investment, while the rest plan to increase their exposure by the end of 2024. The survey also noted a shift in hedge funds' strategies, with more funds trading derivatives instead of spot markets. The rising confidence in crypto markets is attributed to enhanced global regulatory clarity. However, 76% of hedge funds not currently invested in crypto do not plan to change their stance in the next three years, citing the exclusion of crypto from their investment mandates. The survey involved 100 hedge funds, with 42% focused on traditional assets and the remaining 58% primarily invested in cryptocurrencies.
- Content Editor ( cryptoglobe.com )
- 2024-10-10
Traditional Hedge Funds Expand Crypto Exposure Amid Regulatory Clarity and Spot ETF Launches: AIMA Report