Hedge Funds See 7.2% of Assets in Crypto by 2026: Report
15 Jun, 2021•1 min read•Regulation
Hedge funds expect to hold 7.2% of their assets in crypto in five years’ time, according to a survey conducted by fund administrator Intertrust.
That asset allocation equates to around $312 billion across the sector, according to Intertrust estimates, the Financial Times reported Tuesday. As many as 17% of the survey's 100 respondents expect more than 10% of their portfolios to be allocated to crypto in 2026. The funds surveyed manage an average of $7.2 billion in assets. North American funds predict their crypto exposure will be 10.6%, while those in the U.K. and Europe forecast 6.8%. Existing holdings in crypto across the hedge fund sector are, however, unclear, so it is not apparent how large an increase these figures represent.