THELOGICALINDIAN - Brevan Howard a European barrier armamentarium administration aggregation has said it will be accretion its crypto business BH Agenda which is the barrier funds afresh created assemblage is accepted to administer its cryptocurrency and agenda assets
Growing Interest in Crypto From Hedge Funds
In accession to creating BH Digital, Brevan Howard, according to a Reuters report, has additionally said it will be hiring Colleen Sullivan, the accepted CEO of the agenda arm of trading close CMT, to advance clandestine and adventure investments in crypto.
The advertisement by Brevan Howard, which is accounted “for its bets on macroeconomic trends,” is the latest allotment of affirmation that suggests that “major barrier funds [are] affective into the apple of crypto trading.” To abutment claims that institutional investors are pivoting to crypto, the aforementioned address credibility to contempo moves by added high-profile money managers like Paul Tudor and the Man Group which trades bitcoin futures.
In addition, the address additionally makes advertence to an anniversary address appear by Price Waterhouse Coopers, Alternative Investment Management Association, and Elwood Asset Management.
In this anniversary report, it is apparent that the amount of absolute assets beneath administration (AUM) of crypto barrier funds globally about angled to $3.8 billion in 2025 from $2 billion in the antecedent year.
Cryptocurrencies Going Mainstream
Meanwhile, Stuart Cole, the arch macroeconomist at London-based Equiti Capital, is quoted in the address answer how institutional investors’ acumen of cryptocurrencies has afflicted over the years. Cole notes:
However, the address still acknowledges that not all ample corporations are all-embracing cryptocurrencies. It addendum that while barrier funds and exchanges are scrambling to “capture trading revenues,” all-around banks accept been slower in their approach.
This access by banks has persisted admitting the burden from their abundance administration audience to action cryptocurrency trading.
Do you accede that added institutional investors are venturing into crypto? Tell us what you anticipate in the comments area below.
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