
Hedge funds and their investors continue to adopt cryptocurrencies for their portfolios. In its annual Global Crypto Hedge Fund Report, PwC, in partnership with Elwood and the Alternative Investment Management Association (AIMA), reports that last year brought growing assets under management at crypto hedge funds and acceptance of digital assets among traditional hedge funds.
The survey covered the results of research conducted by CoinShares in the first quarter combined with PwC's "qualitative inputs on sound practices observed within the crypto hedge fund space."