PwC Report: Crypto Hedge Funds Witnessed 100% Growth in AUM in 2019

PwC Report: Crypto Hedge Funds Witnessed 100% Growth in AUM in 2019
фото показано с : btcmanager.com

2020-5-12 01:07

PwC has released a report indicating a 100 percent growth in crypto hedge funds’ assets under management (AUM) in 2019. Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, continues to hold the lion’s share of the over $2 billion AUM for crypto hedge funds.

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aum funds hedge crypto pwc 2019 growth

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Large-scale crypto assets under management seek custodial refuge in exchanges not wallets

With the cryptocurrency industry riding a massive bullish wave as Bitcoin, after 15-long months, broke the $10,000 mark, the question of safety has once again surfaced. Large Assets under Management [AUM] or those accounting for in excess of $25 million in funds are opting for exchanges over hot and cold wallets for their protection.

2019-6-23 12:00