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Hedge Funds See 7.2% of Assets in Crypto by 2026: Report
That asset allocation equates to about $312 billion across the sector.
Hedge funds expect to hold 7.2% of their assets in crypto in five years' time, according to a survey conducted by fund administrator Intertrust.
STORY CONTINUES BELOW
- That asset allocation equates to around $312 billion across the sector, according to Intertrust estimates, the Financial Times reported Tuesday.
- As many as 17% of the survey's 100 respondents expect more than 10% of their portfolios to be allocated to crypto in 2026.
- The funds surveyed manage an average of $7.2 billion in assets.
- North American funds predict their crypto exposure will be 10.6%, while those in the U.K. and Europe forecast 6.8%.
- Existing holdings in crypto across the hedge fund sector are, however, unclear, so it is not apparent how large an increase these figures represent.
Read more: Hedge Fund Behind One River Digital to Invest Part of $5.6B Fund in Crypto: Report
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
