TechFlow reported on October 10 that according to the latest global crypto hedge fund report released by the Alternative Investment Management Association (AIMA) and PricewaterhouseCoopers (PwC), as the regulatory environment becomes clearer and cryptocurrency ETFs are launched in the United States and Asia, more and more traditional hedge funds are beginning to get involved in crypto assets.

The report states that 47% of traditional asset class hedge funds already hold cryptocurrency exposure as of 2024, a significant increase from 29% in 2023 and 37% in 2022. Of these funds that have invested in crypto assets, 67% plan to maintain current investment levels through the end of 2024, while the remainder intend to increase their investments.