Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with $3.8 billion in assets under management in 2020 and growing demand for DeFi

Demand for DeFi explodes in 2020 as DEX platform trading volume grows over 90x.

On Monday, PricewaterhouseCoopers, investment firm Elwood Asset Management, and alternative investment management association AIMA jointly released the 2021 Global Crypto Hedge Fund Report. The report provides an overview of the global crypto hedge fund landscape, surveying a number of traditional hedge funds.

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

The report estimates that the total assets under management of global crypto hedge funds reach $3.8 billion in 2020, nearly doubling compared to $2 billion in 2019. The percentage of funds with more than $20 million in assets under management is 46%, compared to 35% in 2019. Among the funds surveyed, the average AUM was $428 billion, an increase of $300 billion compared to 2019.

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

In terms of investor type, high net worth individuals and family offices account for 54% and 30% respectively, with more than half of crypto hedge funds setting investment thresholds at $5 million and below, compared to an average investment threshold of $11 million.

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

In terms of fund strategies, activity and trading, the most common crypto hedge fund strategy is quantitative trading (37%), followed by long-short (28%), long-term long (20%) and hybrid strategies (11%).

Most crypto hedge funds trade Bitcoin (92%), followed by Ether (67%), Litecoin (34%), LINK (30%), DOT (28%) and AAVE (27%).

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

About half of crypto hedge funds trade derivatives (56%), but short selling has declined significantly, from 48% to 28% in 2020. Crypto hedge funds are also involved in cryptocurrency pledges (42%), loans (33%) and lending (24%).

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

On the management side, the percentage of crypto hedge funds using independent custodians decreases from 81% to 76% in 2020. The percentage of boards with at least one independent director decreases from 43% to 38%. The percentage of crypto hedge funds using third-party research increases from 38% to 47%.

In terms of geography, crypto hedge funds tend to be located in the same jurisdiction as traditional hedge funds, with the top three being the Cayman Islands (34%), the United States (33%) and Gibraltar (9%). The most common location for crypto hedge fund managers is the United States (43%), followed by the United Kingdom (19%) and Hong Kong (11%).

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

The report shows that about one-fifth of traditional hedge funds are invested in digital assets (21%). The average percentage of their total hedge fund assets under management invested in digital assets is 3 percent, with more than 85 percent of hedge funds intending to allocate more capital to this asset class by the end of 2021.

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

About a quarter of hedge fund managers who have not yet invested in digital assets confirmed that they are at an advanced stage of planning to invest or seeking to invest (26%).

In terms of major barriers to investment, regulatory uncertainty is by far the biggest obstacle (82%), and even those investing in digital assets cite it as a major challenge (50%). More than half of respondents said they did not know enough about digital assets (64 percent).

This year’s research indicates that there are currently 150 to 200 active crypto hedge funds, the report writes. Four out of five of them are launching between 2017 and 2020 (81 percent), according to the survey results.

Decentralized Finance (DeFi) has seen phenomenal growth in 2020. From April 2020 to April 2021, the volume of transactions on decentralized trading platforms grew by more than 90 times.

.8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>Global Crypto Hedge Fund Report 2021 is out! Crypto hedge funds with .8 billion in assets under management in 2020 and growing demand for DeFi" title="币世界-2021年度全球加密对冲基金报告出炉!2020年加密对冲基金管理资产达38亿美元,对DeFi需求日益增长"/>

The data shows that 31% of crypto hedge funds use decentralized exchanges, with Uniswap being the most widely used exchange (16%), followed by 1inch (8%) and SushiSwap (4%).

The report shows that crypto hedge fund managers remain bullish on bitcoin. Most predict a price between $50,000 and $100,000 (65%), with another 21% predicting a price between $100,000 and $150,000.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/global-crypto-hedge-fund-report-2021-is-out-crypto-hedge-funds-with-3-8-billion-in-assets-under-management-in-2020-and-growing-demand-for-defi/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

Like (0)
Donate Buy me a coffee Buy me a coffee
Previous 2021-05-25 00:29
Next 2021-05-25 00:44

Related articles