Extra hedge fund asset managers investing in cryptocurrencies

Moreover, by the top of 2022, two-thirds of the funds presently investing in digital belongings wish to improve their capital allocation.

Multi-strategy funds (32%), macro funds (21%), and systematic funds (12% of which mentioned that they had publicity) are the hedge funds with the most important digital asset publicity.

In accordance with PwC, household places of work and high-net-worth individuals are on the vanguard of digital asset funding.

The survey discovered 86% of conventional hedge funds have high-net-worth and household workplace buyers, whereas 66% of crypto hedge funds do.

Whereas crypto hedge funds' median efficiency was 63.4%, barely larger than bitcoin's 60%, returns have since plummeted. Final November, bitcoin was buying and selling at $65,481, however it dropped all the way down to $29,421 final week and $30,491 by lunchtime Wednesday.

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