TechFlow news, October 10 — According to Bloomberg, a recent global crypto hedge fund report released by the Alternative Investment Management Association (AIMA) and PwC indicates that as the regulatory landscape becomes clearer and cryptocurrency ETFs are launched in the U.S. and Asia, an increasing number of traditional hedge funds are entering the crypto asset space.
The report reveals that as of 2024, 47% of traditional hedge funds across various asset classes have exposure to cryptocurrencies—up significantly from 29% in 2023 and 37% in 2022. Among these funds already invested in crypto assets, 67% plan to maintain their current investment levels by the end of 2024, while the rest intend to increase their allocations.
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