Why are Hedge Funds buying up Bitcoin & Cryptocurrencies? 🪙🤔

Hedge Funds have been buying up Bitcoin and other major Cryptocurrencies since Q1 of 2023, long before BlackRock and other major financial powerhouses filed with the SEC for a Bitcoin Spot ETF. The buying frenzy began as the SEC began pushing for regulations on the Crypto industry. You'd think that would frighten them away. Why did they decide to dive in?

► Full PwG Hedge Fund Report: https://www.pwc.com/gx/en/new-ventures/cryptocurrency-assets/5th-annual-global-crypto-hedge-fund-report-july-2023.pdf

- TIMESTAMPS -
0:00 Intro
0:33 Rebuilding Confidence In Crypto
3:35 Crypto Hedge Fund Holdings
7:05 Stablecoins, Custody
10:16 DEX, CEX, Predictions
13:18 TradFi Hedge Funds
16:41 Institutional Accumulation, Concerns
19:45 What Does It Mean For Crypto?
23:24 Outro

Original Video by Coin Bureau: https://www.youtube.com/watch?v=lNpdlVqqWb0

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