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Hedge Funds Are Coming (And Plan To Take Over Crypto)



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Hedge Funds Are Coming (And Plan To Take Over Crypto)

Analysts and thought leaders in the crypto space such as Raoul Pal, Willy Woo, Cathie Wood, Plan B, Michael Saylor, have been saying the same thing ā€˜Institutional Money Is Comingā€™. Institutional Money might be assumed as large insurance firms, family offices, pension funds, etc., but its the hedge funds that are leading the way, pouring billions into crypto. According to the Wall Street Journal, some of the biggest names in the hedge fund world are pouring billions into cryptocurrency.

Plan B tweeted out ā€œTo all weak hand sellers: thank you for your contributionā€ with a link posted to an article titled ā€œMainstream Hedge Funds Pour Billions of Dollars Into Cryptoā€.

Brevan Howard, co-founded by Alan Howard, is a hedge fund with $20 Billion Assets Under Management, just recently launched a cryptocurrency hedge fund in January that will accept outside investors. This fund is in addition to their crypto division, BH Digital, which has $250 Million Under Management and has 12 portfolio managers.

Tudor Jones, the billionaire manager of Tudor Investment Corp has been a vocal advocate for Bitcoin for quite some time, has been buying cryptocurrencies to try to protect against rising inflation.
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