• About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Monday, July 4, 2022
  • Login
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
No Result
View All Result
Home Blockchain

Up to 98% Of Hedge Funds to Hold Crypto By 2026

June 16, 2021
in Blockchain
Reading Time: 2 mins read
0
Up to 98% Of Hedge Funds to Hold Crypto By 2026
Share on FacebookShare on TwitterShare on RedditShare on Whatsapp


One in six CFOs surveyed said cryptocurrencies would likely make up at least 10% of their investment holdings.

Crypto gained many new investors, both retail and institutions, during the market boom this year and it looks as though this trend is likely to continue among hedge funds, according to a new report published by Intertrust Group.

The report, titled “The future hedge fund CFO: Preparing for disruptive tech and emerging asset classes”, provides the results of a survey commissioned earlier this year. The 100 respondents all had some form of CFO-related responsibility and an average of $7.3 billion in assets under management.

The survey showed that the expectations of hedge fund managers and their investors have evolved, driven by technological advances. Investors now desire more frequent updates about their investments, with almost half of hedge funds planning to respond to the increased data demand by investing in distributed ledger functionality.

CFOs will also focus most on digitalisation to increase operational efficiency, while they believe AI and analytics have the most potential to revolutionise the industry. Notably, nearly a third of respondents believe blockchain will be a game-changer for hedge funds.

Strikingly, there seems to be near-universal acceptance of cryptocurrency as an asset class and an appetite for it. An incredible 98% of CFOs expect to invest in crypto over the next five years, including all respondents from the UK, Europe and North America.

Crypto is expected to make up at least 10% of investment holdings for about one in six hedge funds. The average that CFOs expect to invest is 7.2%, with that figure rising to 10.6% in North America.

Intertrust Group’s Global Head of Fund Sales, Jonathan White, explained “From an investor perspective, CFOs are going to have to really ensure they have those controls in place for investors to be comfortable. If one in six expect to invest more than 10% in crypto, then one in six will need to be prepared for that investment.”

The report finishes by detailing the rise of ESG concerns among investors, which could make Bitcoin a less attractive choice given its high energy usage. So, as more investors pile into crypto in the coming years, perhaps the coins of the future will be the more energy-efficient options such as Cardano, Stellar and Algorand, which now claims to be carbon negative.



Source link

Related articles

Solana Goes Down, raydium, yakovenko, bots

Nansen Added Analytics Data On Solana For 53,000 NFT Collections

July 1, 2022
Major Media Outlets, fox, cnn, nft,

Facebook Starts Testing Polygon And ETH NFTs On Profiles

July 1, 2022
Share2Tweet1ShareSend

Related Posts

Solana Goes Down, raydium, yakovenko, bots

Nansen Added Analytics Data On Solana For 53,000 NFT Collections

July 1, 2022
0

Nansen added analytics data on solana for 53,000 NFT collections so now traders can access in-depth data for the...

Major Media Outlets, fox, cnn, nft,

Facebook Starts Testing Polygon And ETH NFTs On Profiles

July 1, 2022
0

Facebook starts testing polygon and ETH nfts on profiles and if deployed widely, the users can connect their crypto...

napster, algo, algorand, network, blockcahin

Napster Music Streaming Company To Launch A Token On Algorand

June 30, 2022
0

The Napster Music streaming company will launch a token on the Algorand network and release a lite paper outlining...

MIT Professor believes DeFi can reduce banking power: Interview

MIT Professor believes DeFi can reduce banking power: Interview

June 28, 2022
0

I always find it interesting when people who are highly accomplished in their respective fields start getting their heads...

Pilot Version Of CBDC Wallet App Tops Store Charts In China

China BSN Chair Called BTC A Ponzi, Stablecoins Are Fine If Regulated

June 27, 2022
0

The China BSN Chair called Bitcoin a ponzi scheme but noted that stablecoins could work just fine if they...

Load More
  • Trending
  • Comments
  • Latest
cryptology

Cryptology Launches Passive Income Product | NewsBTC

September 15, 2021
US Senator Lummis Buys More Bitcoin, Seeing BTC as 'Excellent Store of Value'

US Senator Lummis Buys More Bitcoin, Sees BTC as ‘Excellent Store of Value’ – Featured Bitcoin News

October 9, 2021
Bank of America Executive Sees Crypto as Asset Class: 'I Don't View It as Competition at All'

Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’ – Featured Bitcoin News

November 7, 2021
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US

Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US – Bitcoin News

September 24, 2021
Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

0
Floyd Mayweather – Boxing Champion Promoted an ICO

Floyd Mayweather – Boxing Champion Promoted an ICO

0
Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost

0

Why South Korea Decided To Ban ICOs?

0
Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

July 4, 2022
Bitcoin.com News

Bitcoin.com News

July 4, 2022
MicroNFT (MNT) Is Now Available for Trading on LBank Exchange | NewsBTC

MicroNFT (MNT) Is Now Available for Trading on LBank Exchange | NewsBTC

July 4, 2022
Is Bitcoin (BTC) Dead? How Does It Affect DeFi Projects Like Gnox (GNOX) And UniSwap (UNI)? | NewsBTC

Is Bitcoin (BTC) Dead? How Does It Affect DeFi Projects Like Gnox (GNOX) And UniSwap (UNI)? | NewsBTC

July 4, 2022

Recommended

NEXO: Bitcoin will reach $100K By Mid-2022

NEXO: Bitcoin will reach $100K By Mid-2022

January 4, 2022
Huge Sell Order Flash Crashed Bitcoin’s Price To $51K On Bitstamp

Huge Sell Order Flash Crashed Bitcoin’s Price To $51K On Bitstamp

October 11, 2021
RONINGMZ

LBank Exchange Listed Ronin Gamez (RONINGMZ) on December 7, 2021 | NewsBTC

December 9, 2021
Terrarform’s Do Kwon Was Served With Subpoena By The SEC

Do Kwon Must Comply With The SEC Investigation Into Mirror Protocol

June 10, 2022

Recent News

Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

July 4, 2022
Bitcoin.com News

Bitcoin.com News

July 4, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • ICO News
  • Litecoin
  • Market Analysis
  • Press Release
  • Regulation
  • Ripple
  • Stablecoin
  • Trading
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

CryptoReception © 2021 All rights reserved

No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading

CryptoReception © 2021 All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.