"Half of US Hedge Funds Hold Virtual Assets... Expected to Act as the Next Catalyst for Growth"

An analysis has emerged suggesting that the entry of US hedge funds into the virtual asset (cryptocurrency) market will act as the next catalyst for growth.

On the 26th (local time), Cointelegraph reported that "about half (47%) of US hedge funds currently hold virtual assets. This is not just a passing trend," predicting this outcome.

The reasons cited for hedge funds actively increasing their exposure to virtual assets include the launch of spot virtual asset ETFs and the resolution of regulatory uncertainties due to the enactment of the European Union's comprehensive virtual asset legislation 'MiCA'.

The media stated, "Hedge funds are reshaping the virtual asset market. They will emerge as major players shaking up the virtual asset market through significant investments." Hedge funds currently actively pursuing exposure to virtual assets include Pantera Capital, Morgan Creek Digital, BH Digital, Galaxy Digital, and Multicoin Capital.