Survey: 98% of Hedge Funds Plan to Invest in Cryptocurrencies by 2026

A survey by Dutch trust and corporate management firm Intertrust Group found that 98 percent of hedge funds will have some sort of crypto exposure by 2026, according to The Block on June 16. The survey interviewed 100 hedge fund executives. In addition, the survey showed that an average of 7.2% of hedge fund assets will be in cryptocurrencies. This comes after cryptocurrencies such as bitcoin and ethereum have outperformed over the past year, and institutional and retail investors are increasingly interested in digital assets, the survey said. Hedge funds will need to be prepared for this change in their allocations. They will need to consider where to hold assets, how to strengthen operational controls over cryptocurrency investments, and how to validate assets.

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