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Hedge funds invested $2 billion in crypto this year - Morgan Stanley

19 December 2017 21:00, UTC

The media outlets tell about the latest research by Morgan Stanley. According to it, cryptocurrency concept became so mainstream that the total amount of investment of hedge funds in the cryptosphere is estimated at two billion dollars. The stats made by Morgan Stanley give us a good comparison of 2017 with previous years:

Meanwhile, cryptocurrency hedge funds show good performance as well, because other reports tell about Pantera Capital, a hedge funds with marvellous 24,004% return for the investors since the launch in 2013.

There is little reason to believe the optimistic investment trend is going to be broken by a single grim event connected with cryptocurrency: “Investor interest in funds offering exposure to Blockchain technologies and Cryptocurrencies has surged in recent months as these innovations continue to move towards the mainstream and generate compelling opportunities for investors, portfolio managers, traders and other market participants,” tells Kenneth J. Heinz, President of HFR, a company that assesses hedge funds performance.