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More than a quarter of the largest US hedge fund managers have the capacity to trade digital assets, With Intelligence can reveal.
Research on regulatory filings show that 28 out of the top 100 US-based Billion Dollar Club Managers are mandated to trade digital assets. So far trading in the space has been exploratory in nature though market participants tell With Intelligence that interest from the traditional hedge fund segment is growing.
Albourne’s D’Mello expects traditional hedge fund firms will continue to embrace cryptocurrency trading. “Our belief is that digital assets will continue to proliferate, not only amongst crypto HF managers but also across traditional hedge fund mandates that will increasingly express investment themes through usage of digital assets.”
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The full article can be accessed from With Intelligence here.