Hedge Funds Have Invested More than $2bn in Cryptocurrencies

With cryptocurrency market caps rising and futures markets being adopted 2017 saw hedge funds pour over $2bn into the space; the figures come from a Morgan Stanley note sent to clients with research included from Autonomous NEXT; the note also shows 84 of 100 crypto related funds started in 2017; this year has helped the market to begin being more widely accepted by traditional institutional investors. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.