karnDec 18, 2021 · 3 years ago5 answers Which cryptocurrencies are commonly used by hedge funds for diversification purposes?
In the world of hedge funds, diversification is key to managing risk and maximizing returns. When it comes to cryptocurrencies, which ones are commonly used by hedge funds for diversification purposes? Which digital assets do hedge funds turn to in order to balance their portfolios and reduce exposure to any single cryptocurrency? Are there any specific cryptocurrencies that are favored by hedge funds for their diversification strategies?