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Hedge fund long-term crypto interest remains strong despite decline in proportion investing: PwC

admin by admin
July 13, 2023
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Hedge fund long-term crypto interest remains strong despite decline in proportion investing: PwC
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“Investment in crypto-assets is expected to remain strong in 2023, despite market volatility, declining digital asset prices and the collapse of many crypto businesses,” said John Garvey, global financial services leader at PwC United States. Traditional hedge funds committed to the market over the long term are not only growing their crypto-assets under management, but also maintaining – if not increasing – the amount of capital deployed in the ecosystem.”

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