Surveys show hedge funds are turning to Bitcoin:

In October 2024, the Alternative Investment Management Association and PwC conducted a survey revealing that 47% of hedge fund managers trading in traditional markets are exposed to cryptocurrencies.

Crypto exposure was 29% in 2023, while about 37% of the respondents said they had exposure to crypto in 2022.

Interestingly, back in June 2021, an Intertrust Global surveyed chief financial officers from 100 hedge funds worldwide about their intention to purchase crypto assets. 

About 98% of them responded that they expect their hedge funds to have invested 7.2% of their assets in cryptocurrencies by 2026.

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