Bitcoin

The number of hedge funds, which are mainly focused on traditional assets, is growing, and more of them are interested in cryptocurrencies. This change is mainly due to the improved rules and the availability of cryptocurrency exchange-traded funds (ETFs) in markets like the U.S. and Asia. A recent <a href="https://www.aima.org/compass/insights/digital-assets/6th-annual-global-crypto-hedge-fund-report-2024.html?dm_i&#61;2LZ3,2133R,AQIHWM,7BWG6,1" rel="noopener noreferrer nofollow">survey</a> conducted by the Alternative Investment Management Association (AIMA) and PwC supports this new trend.Growing Crypto AdoptionAccording to a <a href="https://www.bloomberg.com/news/articles/2024-10-10/almost-half-of-traditional-hedge-funds-are-dabbling-in-crypto?utm_source&#61;google&amp;utm_medium&#61;bd&amp;cmpId&#61;google&amp;embedded-checkout&#61;true" rel="noopener noreferrer nofollow">report </a>on Thursday, 47% of hedge funds that are engaged in trading traditional securities are also involved in trading cryptocurrencies. This is a remarkable rise from 29% in 2023 and 37% in 2022. Among these funds, 67% indicated that they would maintain their crypto investments, while others expressed intentions to increase their crypto holdings by 2024. This is an indication of increasing confidence in the future of digital currencies.The majority of hedge funds initially started investing in the <a href="https://cryptotale.org/btc-etfs-get-top-priority-over-other-exchanges-bitwise-cio/" rel="noopener noreferrer nofollow">crypto market</a> through the spot market. However, the survey shows that there is a move towards more sophisticated approaches. As of 2024, 58% of hedge funds are trading in crypto derivatives as compared to 38% in the previous year.However, the number of funds that are trading in the spot market has reduced to 25% from 69% in 2023. This trend indicates hedge funds are turning to more sophisticated means of handling their crypto assets.<a href="https://cryptotale.org/hedge-funds-embrace-crypto-amid-regulatory-changes-report/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Hedge Funds Embrace Crypto Amid Regulatory Changes: Report

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