<b>HOLY CRAP! CHECK THIS SURVEY OUT THAT JUST DROPPED!<span style="color: red"> BOOM BITCHEZ!</span> </b> <br /> <br /> <b>$312,000,000,000 Hedge Fund Tidal Wave Could Be Coming to Crypto????</b> <br /> A $312 billion tidal wave of hedge fund capital could be on its way into the crypto markets, according to a new survey. <br /> <br /> A survey done by fund administrator Intertrust reveals that hedge funds plan to significantly ramp up the amount they allocate to crypto assets. <br /> <br /> The survey, which involved chief financial officers (CFOs) from roughly 100 hedge funds, concludes that each executive plans to allocate an average of 7.20% of their assets into crypto within the next five years. The CFOs polled manage an average of $7.20 billion in assets. <br /> <br /> If replicated throughout the industry, Financial Times estimates that a 7.20% allocation to crypto translates to around $312 billion <br /> <br /> While 7.20% is the average allocation, about 17% of the respondents expect to apportion over 10% of their portfolio in crypto. <br /> <br /> North American hedge funds on average expect to allocate 10.60% of their portfolio in crypto while for European hedge funds, it’s 6.80%. All the respondents in the two regions disclose that they expect to allocate 1% of their portfolio in crypto. <br /> <br /> The Intertrust survey echoes findings from auditing giant PricewaterhouseCoopers (PwC) which reached a similar conclusion in a report released last month. <br /> <br /> In the Crypto Hedge Fund Report, the auditing firm unveiled that 85% of hedge funds that have already invested in digital assets will increase their allocation in crypto by the end of this year. <br /> <br /> According to the PricewaterhouseCoopers report, hedge funds are investing in crypto mostly to diversify, hedge against inflation, and get exposure to a new asset class.