The $312 Billion Hedge Fund Tidal Wave Could Coming To Crypto – Here's When?

A $312 billion wave of hedge fund capital could head into the crypto markets, according to a new study. A study by fund manager Intertrust shows that hedge funds plan to significantly increase the amount they allocate to crypto assets. The study, which includes the chief financial officers (CFOs) of nearly 100 hedge funds, reveals that each manager plans to invest an average of 7.20% of their assets in crypto over the next five years. The surveyed CFOs manage an average of $7.20 billion in assets. The Financial Times estimates that a 7.20% allocation to crypto, if repeated across the industry, equates to approximately $312 billion. While the 7.20% average share, about 17% of respondents expect to dedicate more than 10% of their portfolio to crypto. North American hedge funds expect to spend an average of 10.60% of their portfolio on crypto, compared to 6.80% for European hedge funds. All respondents in the two regions say they expect to spend 1% of their portfolio on crypto. The Intertrust survey echoes the findings of audit giant PricewaterhouseCoopers (PwC), which came to a similar conclusion in a report published last month. The accounting firm revealed in its Crypto Hedge Fund Report that 85% of hedge funds that have already invested in digital assets will increase their allocations in crypto by the end of this year. According to the PricewaterhouseCoopers report, hedge funds primarily invest in crypto to diversify, hedge against inflation and gain exposure to a new asset class. Don't miss a thing – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram The Daily Hodl Mix Check the latest news Headlines Disclaimer: Opinions expressed in The Daily Hodl are not investment advice . Investors should exercise due diligence before making any risky investments in Bitcoin, cryptocurrency or digital assets. remember

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