What are reasons hedge funds don't own bitcoin

[fasdorcas]

i think the main reason is that they are not holding bitcoin is that it is too expensive in its cost and it is a online currency and difficult to understand by a common man and most of the people not trust it like they trust in sa real money but i think in future as bitcoin progress it will be easy to use and used by the common peoples.......

[steelhouse]

There is no paper trail.  What if they invested $100 million and it went missing? Yes, you can do things but that is both a good and bad thing about bitcoin.  Even overstock sold off most of their bitcoin holdings I think as what do you tell shareholders if they go missing or the price drops.   You are not producing goods with bitcoin,  it is not capital.  You are only making a bet on inflation and whether use will grow.