Wall Street

More Than A Third Of Traditional Hedge Funds Now Invest In Digital Assets, Nearly Double A Year Ago

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Crypto hedge funds are proliferating at an accelerating pace – estimated to now number more than 300 NEW YORK, 8 June 2022 – Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains acceptance. Of traditional hedge funds surveyed, 38% are currently investing in digital assets, compared to 21% a year ago. Meanwhile, the number of specialist crypto hedge funds is estimated to now top 300 globally, with the pace of new funds being created accelerating in the pa…

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