PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $1...
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global Crypto Hedge Fund Report” last week. It was produced together with the Alternative Investment Management Association (AIMA) and Elwood Asset Management (now part of Coinshares). The data in the report comes from a survey....
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Bitcoin received another hefty beating on Wednesday as its price inched closer to the $20,000 mark. Since then, the BTC price has risen alongside other cryptocurrencies as the US central bank announced its largest interest rate increase in three decades. Despite the chaos, a recently published research finds that the majority of crypto fund managers […]
According to the most recent Bank of America Global Fund Manager Survey, “long bitcoin” is currently the second most popular trade. Furthermore, the majority of investment managers feel Bitcoin is a speculative bubble and agree with the Fed that inflation is just temporary. Fund Managers Believe Bitcoin Is In a bubble This week, Bank of […]
Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing. Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC.In its 4th Annual Global Crypto Hedge Fund Report 2022, PwC said roughly one-third of traditional hedge funds surveyed are already investing in digital assets such as Bitcoin (BTC). So-called “multi-strategy” hedge funds were most likely to....
Non-fungible tokens (NFTs) were some of the most popular assets around the world in 2021. The digital assets took over the world and it seems as if everyone, across multiple industries, launched an NFT collection. Related Reading | Bitcoin Could Hit $100K By Yearend, Majority Of Fund Managers Predict, Based On Survey As the crypto market […]
More than 80% of institutional investors polled that have already invested in digital assets expect to increase their exposure. A new survey suggests that hedge fund executives, wealth managers, and institutional investors already holding crypto assets intend to increase their holdings.The survey, conducted by London-based crypto fund Nickel Digital Asset Management, revealed that 82% of the 100 investors and wealth managers polled expect to increase their exposure to digital assets between now and 2023.The research, conducted online in May and June and shared with Cointelegraph, surveyed....