Hedge Funds

Some of the biggest names in the hedge fund industry are betting on crypto — here’s why

Most hedge funds are avoiding shorting cryptocurrencies, worried that these currencies might shoot up in price, leading to quick and big losses

Wednesday 9 March 2022 at 13:49

Some of the biggest names in the hedge-fund world are betting on crypto.

Veterans including Alan Howard, co-founder of Brevan Howard Asset Management, and Paul Tudor Jones, the billionaire who runs Tudor Investment, are expanding their crypto trading, according to people familiar with the situation.