President Donald Trump’s friendly embrace is doing what bull markets alone couldn’t: Pulling mainstream hedge funds deeper into crypto after years of resistance.
The percentage of traditional hedge funds holding crypto this year rose to 55% from 47% in 2024, according to a new survey from the Alternative Investment Management Association and PwC.
While crypto markets continue to teem with volatility and disorder, some 47% of the institutional investors surveyed said they were encouraged to increase their crypto allocations by the current regulatory climate in which Trump has appointed crypto-friendly agency heads and signed the GENIUS Act, creating new rules ...
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