KEY POINTS
- A recent report revealed that crypto ETF launches in Asia and the US helped drive the increase in traditional hedge funds' exposure to crypto
- 'The growing embrace of hedge funds is a major endorsement of the new asset class that can drive further adoption': HAQQ Network's Alex Malkov
- Asia is playing a major role in global crypto adoption, as proven in Chainalysis' 2024 Global Crypto Adoption Index
- The region is struggling to get as much recognition as the west in terms of its role in global crypto adoption
Cryptocurrencies have come a long way since Bitcoin, the first digital currency, was introduced to the financial world, and in recent years, there has been an apparent increase in demand and interest for what many users call the future of money.
