Traditional Hedge Funds Not Deterred by Crypto Market Downturn and Volatility

from June 2021 revealed that nearly 100% of hedge funds intend to allocate 7.8% of their portfolios into crypto by 2026.

The most-traded digital asset for crypto hedge funds was Bitcoin, with Ether coming second, followed by Solana, Polkadot, Terra, and Avalanche.Although more traditional hedge funds are getting into crypto, most still exercise caution. According to the survey, 57% allocated less than one percent of their total assets under management to cryptocurrency.

Meanwhile, regulatory uncertainty was the biggest barrier for respondents not involved in crypto investment, while hedge funds with such exposure said that the absence of tax and regulatory clarity was a major challenge.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nearly 70% of crypto hedge funds to continue investing in digital assets despite choppy marketsCryptocurrency hedge funds are expected to keep investing in digital assets despite the ongoing heightened market volatility. In this line,... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Bitcoin (BTC) Holders Now Have an Instrument to Protect Gains Amidst Market VolatilitySponsored BexplusExchange introduces powerful leverage instrument to hedge against volatility of markets
Source: Utoday_en - 🏆 295. / 63 Read more »