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Crypto Hedge Fund Plans to Raise Up to $27M for Bitcoin-Focused Fund
/ Blockchain, Markets

Crypto Hedge Fund Plans to Raise Up to $27M for Bitcoin-Focused Fund

BXB's new bitcoin-focused fund is aiming to raise up to 1,000 BTC. So far, investors have already committed 400 BTC, or around $10 million.

May 22, 2023
US-Based Crypto FoF to Close After Investors Lose Up to 90%

US-Based Crypto FoF to Close After Investors Lose Up to 90%

US fund of funds Protocol Ventures is set to close down amid the ongoing crypto market slump.

November 03, 2022
Why Digital Asset Adoption Among Traditional Hedge Funds is Restrained, but Rising

Why Digital Asset Adoption Among Traditional Hedge Funds is Restrained, but Rising

Traditional hedge funds often move more slowly than other types of asset managers when it comes to adopting new strategies, asset classes or other elements of investing.

August 05, 2022
Short Sellers Unwind USDT Positions: On-Chain Data Reveals

Short Sellers Unwind USDT Positions: On-Chain Data Reveals

Two months after decoupling from the dollar following the collapse of the Terra UST, Tether finally regains its peg forcing hedge funds to close their short positions.

July 26, 2022
Hedge Funds Bought “Ethereum Killers” in 2021, 45% Held LUNA: PwC Survey

Hedge Funds Bought “Ethereum Killers” in 2021, 45% Held LUNA: PwC Survey

New Layer 1 solutions gained massive adoption in 2021 as crypto hedge funds were diversifying into altcoins, with 45% holding LUNA.

June 10, 2022