Almost half the 60 buy-side professionals surveyed from U.S. and European-based asset managers and hedge funds said they're actively managing digital assets.
The hazy regulatory environment and depressed crypto markets are doing little to curb asset managers' interest in digital assets, according to report released Wednesday by Coalition Greenwich, a unit of India-based credit rating company Crisil, and Amberdata, a crypto data provider.
Most of the managers see the digital assets industry growing in the next five years in terms of assets under management, with over 40% estimating a compound annual growth rate of at least 11%, and about a fifth forecasting 20% or more.A quarter of the firms already have a specific digital assets strategy, and another 13% are looking to unveil one over the next two years.
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