Macro hedge funds betting on emerging markets have crushed it this year. Managers are already signaling that the momentum won't slow down heading into 2026—fresh liquidity flows, currency dynamics, and geopolitical shifts all seem to be working in their favor.

For traders watching crypto and alternative assets, this matters. When macro players rotate capital into emerging markets, it often creates spillover effects across risk assets. The real question: does this tailwind extend to digital assets, or are we looking at a divergence? Either way, the appetite for yield and exposure in underdeveloped economies is firing on all cylinders right now.