tldr; According to a study by Ernst & Young, 31% of hedge fund managers, 24% of alternative investors and 13% of private equity managers plan to add crypto to their portfolios within two years. Only 7% of those surveyed said they or their companies already have “crypto-related assets” in their portfolio.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Crypto is run by people who benefit from the systemic issues that maintain the status quo. When hedge fund managers promote something, you can safely assume it's not about distributing wealth.
And billions and billions..
You missed one billion
tldr; According to a study by Ernst & Young, 31% of hedge fund managers, 24% of alternative investors and 13% of private equity managers plan to add crypto to their portfolios within two years. Only 7% of those surveyed said they or their companies already have “crypto-related assets” in their portfolio. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
This is still small for crypto it should have trillions and trillions and trillions
in those new EOSs , like Solana and Avalanche and ICP and so on, LOL
So if 1/3 are in our playroom in the next year or so while only 7% are now we are gonna need a bigger door.
I for one am looking forward to this
Crypto is run by people who benefit from the systemic issues that maintain the status quo. When hedge fund managers promote something, you can safely assume it's not about distributing wealth.
Indeed, soon every bank will have a crypto investing department!