Category: hedge fund

Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit

Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit

Brevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund’s recently created unit, is expected to “manage its cryptocurrency and digital assets.” Growing Interest in Crypto From Hedge Funds In addition to creating BH Digital, Brevan Howard, according to a Reuters […]

Continue Reading

Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold

Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold

In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite its volatility, bitcoin’s “risk-reward is attractive.” Hedge Fund Manager Sees Bitcoin’s ‘Significant Upside […]

Continue Reading

Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet

Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet

The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies. The wealth management firm allegedly has been looking for staff that […]

Continue Reading

$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector

$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector

Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul Marshall and Ian Wace in 1997, Marshall Wace currently manages […]

Continue Reading

Breaking: $55 Billion London Hedge Fund to Invest in Crypto

A London Hedge Fund with $55 billion in assets under management has become the latest institution to enter the crypto market, reported Financial Times. The hedge fund is looking to invest in blockchain technology and payment systems for cryptocurrencies as well as stablecoins. Marshall Wace, the London-based institutional investment firm is reportedly looking to launch […]

Continue Reading

Survey finds that many hedge funds plan to invest in crypto by 2026

Survey finds that many hedge funds plan to invest in crypto by 2026

A survey from the Intertrust Group, a Dutch trust and corporate management company, found that 98% of hedge funds — an “overwhelming majority,”  states the survey — will have some kind of crypto exposure by 2026. Survey results were shared with The Block but first reported by the Financial Times.  In addition, an average of […]

Continue Reading

Crypto Payments App Bottlepay Is Now Available Across Europe

Crypto Payments App Bottlepay Is Now Available Across Europe

U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost Transactions in Euro and Bitcoin The Bottlepay app will allow Europeans […]

Continue Reading

Crypto quant hedge fund CIO explains the impact of Elon Musk’s tweets on the bitcoin market

Crypto quant hedge fund CIO explains the impact of Elon Musk’s tweets on the bitcoin market

Elon Musk’s trigger-happy Twitter fingers have left the bitcoin world in a tizzy in recent days. As the Wall Street Journal noted in a recent piece, Musk has become bitcoin’s “biggest influencer” — much to the dismay of many evangelists. Since he first tweeted that Tesla would stop accepting bitcoin as payment because of environmental […]

Continue Reading

Billionaire Hedge Fund Manager Ray Dalio Reveals He Holds Bitcoin

Ray Dalio, billionaire hedge fund manager during his interview at Consensus revealed that he holds Bitcoin on his portfolio. During his conversation, Dalio revealed that he would prefer Bitcoin over bond in an inflationary scenario. He said, “Personally, I’d rather have bitcoin than a bond” and added, “I hold some Bitcoin” Dalio changed his stance […]

Continue Reading