90% of hedge funds plan to invest in cryptocurrencies

Hedge funds with a total capital of about $ 180 billion are showing interest in investing in the cryptocurrency market.

Nineof ten hedge funds plan to increase theirinvestments in cryptocurrencies by the end of 2021. This was reported in a study by the Alternative Investment Management Association, PricewaterhouseCoopers (PwC) and Elwood Asset Management.

Nearly half of traditional hedge funds are studyinginvestments in cryptocurrencies, and a fifth of them already have holdings in cryptocurrencies. Collectively, these hedge funds have approximately $180 billion in assets under management. It is noteworthy that the study has already been conductedafterthe recent collapse in cryptocurrency prices.

The study also notes that mosthedge fund investors are wealthy individuals or family offices. Moreover, the United States was the most common location for hedge funds (43%).

According to Anri Arslanyan, head of fintech and crypto industry in Asia at PwC, investing in cryptocurrencies by hedge funds is a "natural step" for institutional investors.

“We expect the flow of cryptocurrencies to hedge funds to continue to grow in the coming months. More and more institutional investors are choosing to invest in this fast growing space. "- he added.

Let us remind you that back in December 2020Arslanyan stated that most major Bitcoin hodlers view the cryptocurrency as a tool for hedging inflation risks. In addition, at the same time PwC suggested that the latest rally was due to the presence of a ready-made infrastructure for institutions.

Moreover, Arslanyan believes that in 2021Institutions will switch to Ether (ETH). However, according to OKEx Academy, the Ethereum 2.0 update is holding back the influx of investors due to the lack of an exact time frame. However, this delayed update opens up opportunities for other blockchains focused on smart contracts, OKEx said.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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