📈 Morgan Stanley: Hedge funds and VCs fueled a $6.4 billion gain in crypto assets in under 2 years
Hedge funds, venture capital firms, and a smattering of private equity houses have helped the overall number of cryptocurrency funds increase by more than 11 percent in 2018 alone, Morgan Stanley estimates. The value of assets managed at these crypto funds has soared to $7.1 billion, from only $675 million at the beginning of January 2017—marking a $6.4 billion increase in under two years.
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