Cayman Islands, US and Gibraltar Are Top Crypto Hedge Fund Jurisdictions

Gibraltar leapt into the top three, overtaking the British Virgin Islands and Luxembourg.

AccessTimeIconJun 7, 2021 at 12:30 p.m. UTC
Updated May 9, 2023 at 3:20 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

The Cayman Islands, U.S. and Gibraltar are the top locations where crypto hedge funds are domiciled, according to a report by PwC and Elwood Asset Management.

  • The Cayman Islands and the U.S. maintained their positions as the top two places where crypto hedge funds are domiciled, although their market shares declined overall.
  • Gibraltar overtook the British Virgin Islands and Luxembourg for third place, pushing down Liechtenstein and the others, according to the report.
  • The report, the companies' third annual research report into global crypto hedge funds, highlights that the fund managers themselves are located elsewhere, mainly the U.S. and U.K.
  • Legal Expert on Pitfalls of FTX's Bankruptcy Plan
    13:45
    Legal Expert on Pitfalls of FTX's Bankruptcy Plan
  • Dogecoin Appears on Track for a 'Golden Cross'
    01:01
    Dogecoin Appears on Track for a 'Golden Cross'
  • TON, RNDR Surge; Kraken Asks Court to Dismiss SEC Claims
    02:07
    TON, RNDR Surge; Kraken Asks Court to Dismiss SEC Claims
  • Are Art NFTs Here to Stay?
    15:56
    Are Art NFTs Here to Stay?
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.