BENGALURU: Most investors at crypto hedge funds are high net-worth individuals (54 percent ) or household offices (30 percent ), demonstrated statistics from PwC’s Annual International Crypto Hedge Fund Report 2021. The report is now into its third version. The median expense ticket dimensions is 0.4 million, although the average ticket size will be 1.1 million. PwC said the combination from the investor base slowly shifted with the elevated amounts of interest in institutional shareholders. Crypto hedge funds include a median of 23 individual investors. The overall funds under management (AUM) of both crypto hedge funds worldwide climbed to almost $3.8 billion in 2020, from $2 billion in the prior calendar year. Many crypto hedge funds exchange Bitcoin, followed closely by Ethereum (67 percent ), Litecoin (34 percent ), Chainlink (30 percent ), respectively Polkadot (28 percent ) and Aave (27 percent ). There are between 150 and 200 busy crypto hedge funds now and also the report states four in every five of them were found between 2017 and 2020. Decentralised fund (De-Fi) had remarkable increase in 2020 and has been the season’s buzzword inside the cryptocurrency community,” the report stated. DeFi protocols plan to leave peer-to-peer fiscal solutions, which enable cryptocurrency loans, interest rates without the usage of conventional banks and conventional financial intermediaries. Approximately 31 percent of crypto hedge funds utilize decentralised exchanges, together with Uniswap being the most commonly used (16 percent ), followed closely by 1inch (8 percent ) and also SushiSwap (4 percent ).
More than half crypto hedge fund Shareholders ‘ HNIs: PwC
