Hedge Funds Increasingly Invest In Digital Assets, Report Finds

According to Foresight News, a report released on Thursday by the Alternative Investment Management Association and PwC reveals that 47% of hedge funds trading in traditional markets now hold digital assets. This marks a significant increase from 29% in 2023 and 37% in 2022. The survey also found that among the funds already invested in digital assets, 67% plan to maintain their current level of investment. The remaining funds intend to increase their investment in cryptocurrencies by the end of 2024.