A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.
Growing regulatory clarity around spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States and Asia have encouraged nearly half of traditional hedge funds to gain exposure to digital assets.
A survey conducted by the Alternative Investment Management Association and PwC revealed that 47% of hedge fund managers trading in traditional markets had exposure to cryptocurrencies, according to a Bloomberg report.
Crypto exposure increased by 62% in 2024 compared to 2023 when only 29% of hedge fund managers reported involvement with digital assets. In 2022, just 37% of the 100 hedge fund respondents had exposure to crypto.
