Institutions are playing safe game mostly, so I'll assume that the $20 billion hedge fund allocates way less than 1% of its assets to be invested in crypto. No way they will blindly dump money in crypto.
Hedge funds mostly fill up a very small percentage of their portfolio with speculative assets, and crypto fits in that category as well, even though it's far more speculative than anything else in the regular market.
I wonder what plans Coinbase has in place about insider trading considering how fucked up their Bcash launch was.
Coinbase won't do anything other than up front stating what coins they are looking to research and list. I'm sure the employee responsible for the leak will not bother doing the same ever again. It was far too obvious.