Crypto hedge funds underperformed Bitcoin in last year’s rally – BNN
Crypto hedge funds underperformed Bitcoin in last year’s rally – BNN
(Bloomberg) – Actively managed cryptocurrency hedge funds underperformed Bitcoin in the biggest bullish run in digital assets last year, according to Crypto Fund Research. The average fund rate of return was 166%, compared to an increase of over 300% for Bitcoin. During the 2017 surge, the gains were around 1,100%, with the dominant token bursting […]
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