According to the latest Global Crypto Hedge Fund Report, published by accounting giant PwC, confidence in cryptocurrencies is robust, similar to the findings of a separate Blockhead survey of institutional investors, asset managers and research analysts.
Crypto Outlook: Gains to Unfold, But Short Term Pain Remains
Rising global interest rates in a fight against inflation and increased scrutiny might stifle crypto’s surge in the short-term, warned experts in a survey by Blockhead.
Ashrith Rao
Hedge funds are limited partnerships of individual investors that pool their capital to be invested in speculative or alternative assets by professional fund managers.
After a year in which cryptocurrency values plummeted, and investors suffered large losses due to the failure of many big cryptocurrency companies, including the cryptocurrency exchange FTX, the market has begun a steady rebound so far in 2023.
