{"id":81646,"date":"2023-07-13T11:43:18","date_gmt":"2023-07-13T08:43:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81646"},"modified":"2025-09-12T00:12:29","modified_gmt":"2025-09-11T21:12:29","slug":"pwc-notes-rising-hedge-fund-confidence-in-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pwc-notes-rising-hedge-fund-confidence-in-cryptocurrencies\/","title":{"rendered":"PwC notes rising hedge-fund confidence in cryptocurrencies"},"content":{"rendered":"<p>Hedge funds are confident in the value proposition and the long-term resilience of digital assets. The PwC researchers, in collaboration with the Alternative Investment Management Association and CoinShares, <a href=\"https:\/\/www.pwc.com\/gx\/en\/news-room\/press-releases\/2023\/pwc-2023-global-crypto-hedge-fund-report.html\">arrived<\/a> at these conclusions.<\/p>\n<p>This sentiment was not affected by a reduction in 2023 of the share of structures investing in cryptocurrencies, from 37% to 29%.<\/p>\n<p>93% of respondents expect the market capitalization of digital assets to rise by year-end.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u00abMost respondents achieved positive <\/em><a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%90%D0%BB%D1%8C%D1%84%D0%B0-%D0%BA%D0%BE%D1%8D%D1%84%D1%84%D0%B8%D1%86%D0%B8%D0%B5%D0%BD%D1%82\"><em>alpha<\/em><\/a><em>, which underscores the important role these firms play in the ecosystem\u00bb,<\/em> \u2014 said Alexander Schmidt, head of index funds at CoinShares.<\/p>\n<\/blockquote>\n<p>On average, the sector accounted for between 4% and 7% <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of funds.<\/p>\n<p>Just over half of traditional funds surveyed said they were not prepared to invest in cryptocurrencies over the next three years.<\/p>\n<p>According to the study, hedge funds with open positions in the sector plan either to maintain or increase their holdings, despite market volatility and regulatory uncertainty.<\/p>\n<p>According to John Garvey, head of financial services at PwC in the United States, the factors cited have constrained investments for more than half of respondents.<\/p>\n<p>23% of traditional hedge funds are revising their strategy in the sector due to an unfavourable regulatory environment in the United States; 12% of crypto hedge funds are considering relocating outside the country.<\/p>\n<p>As a key opportunity, 31% of traditional structures consider <a href=\"https:\/\/forklog.com\/en\/news\/report-tokenisation-could-cover-5-trillion-of-assets-in-the-next-five-years\">tokenization<\/a>. A quarter of those who avoid investing in cryptocurrencies are actively studying this avenue.<\/p>\n<p>In November 2022, the crypto venture firm LeadBlock Partners<a href=\"https:\/\/forklog.com\/en\/news\/leadblock-partners-raises-150-million-for-crypto-venture-fund\">raised $150 million<\/a> for its second fund. Through the first such vehicle, the firm backed Yuga Labs,<a href=\"https:\/\/forklog.com\/en\/news\/bitpanda-closes-263-million-series-c-at-4-1-billion-valuation\">Bitpanda<\/a> and BlockFi.<\/p>\n<p>In April 2023, China Pacific Insurance Group of China, through its subsidiary <a href=\"https:\/\/forklog.com\/en\/news\/major-chinese-insurer-launches-two-crypto-funds-in-hong-kong\">launched<\/a> in Hong Kong two investment funds focused on the digital assets industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hedge funds are confident in the value proposition and the long-term resilience of digital assets. PwC researchers arrived at these conclusions.<\/p>\n","protected":false},"author":1,"featured_media":81647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1191,1269,1285,1156,1275],"class_list":["post-81646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinshares","tag-cryptocurrencies","tag-funds","tag-institutional-investors-and-whales","tag-pwc"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81646"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81646\/revisions"}],"predecessor-version":[{"id":81648,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81646\/revisions\/81648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81647"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}