🏛️ Institutional Crypto: Hedge Funds Crypto

Billionaire hedge fund manager John Smith’s recent stake in former Bitcoin‑mining companies signals a broader institutional pivot toward infrastructure assets that offer stable cash flows and lower volatility than spot tokens. The move aligns with a trend of “miner‑backed” exposure as mining hardware costs rise and block rewards decline. Market watchers note that such bets may attract liquidity from traditional hedge funds seeking regulated, yield‑generating crypto positions, potentially easing the liquidity squeeze that has plagued the sector since the 2023 sell‑off. Meanwhile, Split Capital’s founder shuttered the fund citing a “shift in crypto market” that underscores the sector’s evolving risk profile. The closure reflects heightened scrutiny over governance and the need for robust compliance frameworks amid tightening U.S. and EU regulatory regimes. Meanwhile, XRP ETFs amassed $170 million in assets under management, with Goldman Sachs spearheading the launch, signaling renewed institutional appetite for regulated exposure to high‑cap digital assets.