It's been a rollercoaster few years for crypto investors. Yet hedge funds see the return of riskier, rockier markets as a prime opportunity to pile in. Even before yesterday's Bitcoin "halving," an event designed to keep inflation of the 11-year old cryptocurrency in check, hedge fund managers had begun taking cryptocurrencies more seriously, Stuart MacDonald, managing partner at corporate financiers Bride Valley Partners, told Financial News. "Until last year I was highly sceptical of most things associated with Blockchain ,which I understood to be nothing more than a database, and sceptical of crypto which seemed to be a space occupied by whales and teenagers," he said.