Crypto hedge funds are getting creative as the bear market tightens its grip
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Quick Take
- This year’s bear market is putting pressure on firms with large digital asset reserves like hedge fund, with 5% closing down
- Those that have survived are exploring new investment strategies and redistributing burn rates
- Some funds have been issued subpoenas, while others are seeing large investors withdraw
The crypto explosion of 2017 gave birth to hundreds of hedge funds aimed at generating asymmetric returns from the speculative “crypto asset class.” However, this year’s downwards price action has been bad news for once high-flying funds, forcing many to shut and others to explore creative ways to stay afloat. Crypto Fund Research reports that […]
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