Crypto Hedge Funds: 2X More Profitable Than Mainstream Counterparts YTD
Crypto Hedge Funds Are 2x More Profitable Than Their Mainstream Counterparts YTD
Despite swinging volatility in the market, cryptocurrency hedge funds have performed better than their mainstream counterparts in 2020.
According to the Financial Times, 19.5% in returns for crypto hedge funds in April have seen them outperform the broader hedge fund market by 100% so far in 2020. Crypto hedge funds are up 13.4% year-to-date, with mainstream funds only returning 6.7% within the same period.