Survey: 98% of Hedge Funds Will Invest in Bitcoin by 2026
Main page News, Cryptocurrency
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June 16, 2021

According to a survey conducted by Dutch company Intertrust Group among 100 executives, whose results have been revealed by the Financial Times, 98% of hedge funds will have made some kind of investment in Bitcoin by 2026.

Per the survey, by that date, around 7.2% of hedge fund assets will be in cryptocurrencies. As a result, they will have to prepare to store these assets safely:

"Hedge funds will need to prepare for this change in their allocation. They will need to think about where the assets are custodied, how they strengthen their operational controls around crypto investments and how they verify the assets."

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It is worth noting hedge funds have already shown interest in Bitcoin, including Bridgewater, the world's largest fund.

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