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$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’


Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...

Litecoin an Unlikely Champ as Crypto Hedge Funds Continue to Diversify


Hedge funds are finding new uses for cryptoassets that do not involve investment, per a new report, with litecoin (LTC) earmarked as an unlikely altcoin champion for funds. These were the findings of a joint research paper released by PwC and Elwood Asset Management and shared with Cryptonews.com...

SEC Commissioner Sees Increasing Demand for Cryptocurrency


Crypto-friendly commissioner with the U.S. Securities and Exchange Commission (SEC), Hester Peirce, said there is an increase in demand for cryptocurrency as investors seek to diversify their portfolios. The commissioner has been an avid proponent of the SEC approving bitcoin exchange-traded funds...

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