One gathers that the machinations of Mr. Trump – bless his bluntness, or curse it, depending on one’s portfolio – have, rather predictably, stirred the pot. A distinct uptick in enthusiasm for these…digital baubles, as the Americans rather quaintly call them, has been observed. ETFs, crypto-focused treasuries; the vulgar display of novelty is, it seems, irresistible.
Thus, an earnest survey conducted by the AIMA and PwC – two establishments one assumes are employed – reveals that no fewer than 55% of traditional hedge funds now dabble in these ethereal currencies, a climb from a merely embarrassing 47% in 2024. One sniffs at the implications.
Heavy Crypto Exposure Among Hedge Funds
Despite the digital assets behaving rather like a startled trout – all frantic flailing and unpredictable leaps – a substantial 47% of these institutional types confess to feeling…encouraged. It’s all down to Trump’s appointees, naturally, and something called the GENIUS Act, which sounds suspiciously like a promotional campaign for particularly bright children.
Mr. James Delaney, a Managing Director of Asset Management Regulation at AIMA (a title designed, one suspects, to intimidate dinner guests), offered this profound observation:
“For most of these funds, regulatory uncertainty has been a major barrier. This year, those barriers are starting to be removed. This year’s report may mark a turning point in overcoming these challenges.”
One suspects the true barrier was simply a reluctance to appear behind the times. But, of course, a little “fear of missing out” (FOMO, as the young people say, with a dreadful lack of elegance) likely played its part. New funds, blooming like toadstools after a particularly damp autumn, have, it seems, appeared.
Bitcoin Dominates, Solana’s Popularity Surges
Bitcoin, predictably, remains the favoured indulgence. Ethereum lurks close behind. But the truly shocking development is Solana’s sudden ascendancy. A full 73% of funds now hold it, a rise from a positively dismal 45% in 2024. One wonders if they’ve all been misled by particularly persuasive marketing. 🙄
On average, these funds allocate 7% of their assets to this digital frippery, a modest increase from 6%, although the majority – a prudent 50% plus – commit less than 2%. Fully 71% plan to increase their exposure. Such optimism! How…American.
Brevan Howard, a firm of impeccable seriousness, has even appointed a former associate of Mr. Peter Thiel – a gentleman of, shall we say, singular views – to lead a crypto division. Point72 and Elliott Investment Management have dipped their toes in the water too, acquiring ETFs. A veritable craze!
Derivatives, it seems, are the preferred method of access (67%), a slightly grubby business, even by City standards. Spot trading is also on the rise (40%). And, most alarmingly, talk of “tokenization” – turning funds into…digital tokens – abounds. One can hardly bear to think about it.
Finally, 43% of these funds are contemplating a venture into the bewildering world of DeFi, and are seemingly under the impression it might ruin their entire business model. A bracingly honest admission, at least.
Read More
- USD VES PREDICTION
- Gold Rate Forecast
- USD PLN PREDICTION
- FIL PREDICTION. FIL cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- EUR CNY PREDICTION
- STX PREDICTION. STX cryptocurrency
- USD CNY PREDICTION
- GBP EUR PREDICTION
- JUP PREDICTION. JUP cryptocurrency
2025-11-07 07:15