Hedge Funds are planning to increase their exposure to cryptocurrencies significantly in the next five years, according to a new survey.

A survey of 100 hedge fund chief financial officers globally conducted by fund administrator Intertrust found that executives expect to hold an average of 7.2% of their assets in crypto by 2026.

This could equate to about $312 billion of assets in cryptos, estimated by Intertrust based on the forecast for the total size of the hedge fund industry, reported FT.

The survey further shows that 17% of respondents expect to have more than 10% of their assets in crypto.

Already the likes of Paul Tudor Jones, Brevan Howard, SkyBridge Capital, Renaissance, Man Group, and others are investing in the crypto market. Hedge funds “are well aware not only of the risks but also the long-term potential” of cryptos, said David Miller, executive director at Quilter Cheviot Investment Management.

Still, many like Paul Singer’s Elliott Management remain skeptical and call it “the greatest financial scam in history,” while Morgan Stanley sees crypto limited to clients that have a high-risk tolerance.

Intertrust’s survey, whose respondents include CFOs globally of funds that on average manage $7.2 billion in assets, also showed that all the executives surveyed in North America, Europe, and the UK expect to have at least 1% of their portfolio in crypto.

UK and Europe funds expect to have exposure of 10.6% on average, while those in North America expect 6.8% on average.

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