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PwC: Nearly half of traditional hedge funds are dabbling in cryptocurrencies

A new survey shows that nearly half of hedge funds focused on traditional asset classes are now involved in cryptocurrencies, as regulatory clarity and the launch of exchange-traded funds in the United States and Asia attract more investors into the cryptocurrency category. According to the Global Cryptocurrency Hedge Fund Report released Thursday by the Institute for Alternative Investment Management and PwC, 47 percent of hedge funds trading in traditional markets hold digital assets, up from ...

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2024-10-10 15:31:24