Asia's Wealthy Investors Double Down on Cryptoâ$100M Fund & $124K BTC! đđ
đ Asiaâs rich are flipping the scriptâmaking crypto a staple in their portfolios! A new long-short crypto equity fund in Singapore just raised over $100M in mere months. Clients? Family offices and fintech entrepreneurs, enticed by last yearâs monstrous 375% return.
UBS reports that Chinese family offices are ramping up their crypto exposure to about 5% of their portfolios, especially younger generations diving in. Even Bitcoinâs recent high above $124,000 reflects the momentum.
Crypto is no longer a niche betâitâs becoming institutional-grade across Asia.
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