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Hedge funds pile into crypto assets as FOMO outweighs potential risks
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Crypto has grabbed the attention of hedge funds, as investors eye a bull run in 2023 and 2024 in a sector that has plunged by more than $2tn since last November.
Nearly a third of traditional hedge funds are currently investing in crypto assets. Two-thirds — or 67% — of those hedge funds are aiming to deploy more capital into the emerging asset class by the end of 2022, according to a report by The Alternative Investment Management Association.
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Read more on fnlondon.comAbout this in other media
How one of London’s newest hedge funds might win big on rising rates fnlondon.com /2 years ago
Britain Proposes New Regulation Of All Crypto Assets ndtv.com /2 years ago
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