Digital Assets State of the Industry 2026

Whitepaper

Digital assets have moved further into the institutional mainstream, but hedge fund managers remain divided on what comes next. While some firms are increasing allocations and expanding their strategies, others remain cautious as regulatory uncertainty, operational complexity, and infrastructure requirements continue to shape adoption.

The Hedgeweek Digital Assets State of the Industry 2026, produced in partnership with Arcesium, explores what is driving institutional adoption and what is still holding managers back. Drawing on industry research and perspectives from digital asset managers, the report examines where firms are finding opportunity, how strategies are evolving, and whether operating models are prepared for greater complexity. Inside, you will learn:

  • What is still preventing some hedge funds from allocating to digital assets
  • Where managers already invested in digital assets see the next opportunities for alpha
  • How digital asset strategies and allocations are evolving as the market matures
  • Why tokenization is gaining traction across institutional markets
  • Where operational infrastructure may come under pressure as firms add strategies and complexity

Download the report to better understand how hedge funds are approaching digital assets, where the market is heading, and what growing institutional adoption could mean for investment operations.