Connect with us


Expect More Crypto Hedge Funds

As the cryptocurrency has expanded, the number of hedge funds dedicated to the burgeoning asset class has boomed as well. Expect that theme to continue even as U.S. regulators are expected to increase scrutiny on crypto hedge funds.

“Already there have been 34 new crypto fund launches this year, putting 2018 on pace to meet or exceed the record 107 launches in 2017,” according to Crypto Fund Research.

The research firm notes there are more than 260 dedicated crypto hedge funds currently in business.

“The United States was home to more crypto fund launches in 2017 than any other country. This is not terribly surprising and is consistent with the US leading the world in terms of hedge funds and venture capital generally. However, there were also a number of new crypto funds launched in the United Kingdom as well as Singapore. The Middle East also had its first crypto fund launch,” according to Crypto Fund Resarch.

A Small Percentage

While crypto hedge funds are growing in terms of population, many do not have more than $5 billion in assets under management, a figure that is small by hedge fund industry standards. Today, hedge funds dedicated to alt-coins and digital assets represent a paltry percentage of industry assets.

“While accounting for 14 per cent of new hedge fund launches may not seem like much, consider that crypto funds have less than 0.1% of total hedge funds assets,” reports Hedge Week.

However, there are some positive points, including the overall growth of crypto hedge funds and their impressive 2017 performances.

“In fact, crypto hedge funds are the fastest growing segment of the hedge fund industry. In addition, several of the top performing hedge funds in 2017 were cryptocurrency funds,” notes Crypto Fund Research.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Bitcoin (BTC) Crosses 55k And Is Heading Towards 60k Fast!

Less than two months into 2021, the price of bitcoin has risen 95.4%.

Earlier this week BTC smashed through 50k and is headed towards 60k just as fast. The price is currently trading at 57k as of press time up 60% this month alone. Along with BTC’s meteoric rise quite a few altcoins are going along for the ride.
Some are saying the astonishing rise of BTC’s price to the tremendous demand from buyers looking to hedge against inflation as governments keep spending and central banks keep printing money trying to keep their economies going through the pandemic.
Looking to trade cryptocurrencies? You can trade BNB on Binance by clicking here

Based in the United States and want to trade via Binance.US? Click here to sign up now!

Continue Reading


Binance Coin (BNB) Is Heading Towards $300 With A 60% Increase Today!

BNB is currently skyrocketing towards $300 after Binance CEO appeared on Bloomberg to discuss the current rise of BTC and other cryptocurrencies. During the interview he was asked about Binance Coin.

You can view the full interview by clicking here

Looking to buy Binance Coin (BNB)? You can trade BNB on Binance by clicking here

Based in the United States and want to buy BNB via Binance.US? Click here to sign up now!

Continue Reading


Elon Musk Suggests Major Dogecoin Holders To Sell

Billionaire Tesla CEO Elon Musk urged some of the top hodlers of Dogecoin to sell their holdings and take profit. He said he was concerned that a small number of people are hoarding too much of the cryptocurrency.

He later added that he would pay actual money for them to just void their accounts. This caused the cryptocurrency to spike initially then drop down to 4.8 cents late Sunday, a roughly 45 percent drop from the all time high of 8.7 cents reached just last week.

Interested in purchasing some of your own DOGE? Learn how to buy and trade DOGE here!

Continue Reading






Ledger Nano S - The secure hardware wallet