Ether has seen a dramatic rise in sentiment among investors according to the latest digital asset fund manager survey report from CoinShares, with a record 60% of survey respondents now believing it has the most compelling growth outlook of all cryptocurrencies.
Ether has seen a dramatic rise in sentiment among investors according to the latest digital asset fund manager survey report from CoinShares, with a record 60% of survey respondents now believing it has the most compelling growth outlook of all cryptocurrencies.
That increase in sentiment, from 40% in October, has yet to translate into fund flows though, with ether having seen outflows of some $401 million during 2022.
The survey also reveals that digital assets weighting in portfolios has risen to represent 1.1% of portfolios, up from just 0.7% at the time of the last survey in October 20222. Hedge fund managers and wealth managers have increased their positions while institutional investors have reduced theirs to 0%.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
