After breaching the $50,000-level, briefly, over the last 24 hours, Bitcoin was hovering near $48,700 at press time. Meanwhile, a majority of the hedge funds (57%) are trading in crypto or choosing the asset class as a fundamental investment strategy.
Source: PwC
2021’s PwC study had also noted that 86% of hedge funds, which are currently investing in digital assets, intend to deploy more capital into the asset class by year-end.
Having said that, Fidelity Digital Assets’ Chris Tyrer also stated in
Read more on ambcrypto.com