hedge funds

Breakdown 7.1.21
George Soros and Steve Cohen Go In on Bitcoin; Here’s Why That Might Not Be a Good Thing
A fresh wave of institutional investors poses new risks to crypto.
Breakdown 7.1.21

Report: Hedge Funds See 7.2% of Assets in Crypto by 2026; 81% of Fund Managers Still Think Bitcoin Is a Bubble Despite the Price Pullback
Report: Hedge Funds See 7.2% of Assets in Crypto by 2026; 81% of Fund Managers Still Think Bitcoin Is a Bubble Despite the Price Pullback
Hedge funds reportedly see 7.2% of assets in crypto by 2026, yet a Bank of America survey revealed 81% of fund managers still think bitcoin is in a bubble despite the price pu...
Report: Hedge Funds See 7.2% of Assets in Crypto by 2026; 81% of Fund Managers Still Think Bitcoin Is a Bubble Despite the Price Pullback

investment, hedge fund
Hedge Funds See 7.2% of Assets in Crypto by 2026: Report
That asset allocation equates to about $312 billion across the sector.
investment, hedge fund

BlockTower co-founder Ari Paul
BlockTower Capital Buys ‘Market-Neutral’ Crypto Hedge Fund Gamma Point
BlockTower CEO Matt Goetz said the deal will help attract institutional investment – even in a bear market.
BlockTower co-founder Ari Paul

Israel "Izzy" Englander, chairman and chief executive officer of Millennium Management (left) and Steven A. Cohen, chairman and chief executive officer of Point72
Hedge Fund Giants Millennium, Matrix and Point72 Standing Up DeFi Funds: Sources
DeFi is booming and institutions are edging towards it, trying to figure out how to get a slice of the alpha.
Israel "Izzy" Englander, chairman and chief executive officer of Millennium Management (left) and Steven A. Cohen, chairman and chief executive officer of Point72

Alan Howard, co-founder of Brevan Howard Asset Management LLP
Hedge Fund Behind One River Digital to Invest Part of $5.6B Fund in Crypto: Report
Macro fund manager Brevan Howard plans to invest up to 1.5% of its main fund in cryptocurrencies, according to a story in Bloomberg.
Alan Howard, co-founder of Brevan Howard Asset Management LLP

Coinbase CEO Brian Armstrong (left) is listing his company's shares, but Binance's Changpeng "CZ" Zhao is winning in crypto markets with the BNB token.
Why Binance Coin Hit All-Time High (and $86B Valuation) Ahead of Coinbase Listing
It's not equity, it's an exchange token. But it sure is mooning, apparently linked to the recent success of Binance Smart Chain.
Coinbase CEO Brian Armstrong (left) is listing his company's shares, but Binance's Changpeng "CZ" Zhao is winning in crypto markets with the BNB token.

Daniel Loeb, chief executive officer of Third Point LLC
Daniel Loeb's $17B Hedge Fund Is Keeping Crypto With Coinbase – And Maybe Even Staking It
Third Point is the latest institutional stalwart to be revealed as a client of Coinbase Custody.
Daniel Loeb, chief executive officer of Third Point LLC

Mazatlan diver
Hedge Fund Manager Daniel Loeb Says He's Taking a Crypto 'Deep Dive'
The New York-based hedge fund founder described cryptocurrency as a "real test of being open to new and controversial ideas."
Mazatlan diver