News Digest: Hedge funds increase exposure to crypto assets: PwC survey

June 6, 2022

News Digest:

The proportion of conventional hedge funds investing in crypto assets increased from 21% to 38% during the 12 months ended April, according to PwC’s fourth annual Global Crypto Hedge Fund Report.



The report, based on an industry survey carried out over two months ago, also revealed that 57% of traditional hedge funds had allocated less than 1% of their assets under management to crypto.



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