There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
https://www.cnbc.com/2017/10/27/there-are-now-more-than-120-hedge-funds-focused-solely-on-bitcoin.html- Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124.
- Autonomous Next also estimates that the "crypto-funds" have about $2.3 billion in total assets under management.
- While several leading Wall Street banking executives remain skeptical about bitcoin, more seasoned money managers are moving into digital assets management.
Another step towards going mainstream.