A new survey shows that nearly half of hedge funds focused on traditional asset classes are now involved in cryptocurrencies, as regulatory clarity and the launch of exchange-traded funds in the United States and Asia attract more investors into the cryptocurrency category. According to the Global Cryptocurrency Hedge Fund Report released Thursday by the Association for Alternative Investment Management and PwC, 47% of hedge funds trading in traditional markets hold digital assets, up from 29% in 2023 and 37% in 2022. The survey found that of funds already invested, 67% plan to keep their capital in cryptocurrencies at the same level, with the remainder planning to increase their investments by the end of 2024.