20 Percent of all new hedge funds are crypto based

 in step with Crypto Fund research founder Joshua Gnaizda, "within the midst of 2018's decline in traditional hedge fund launches, crypto hedge budget are a incredible aberration". There had been 90 new crypto hedge funds up to now, and the figure is anticipated to rise to a hundred and twenty through the end of the year. final yr, sixteen percent of hedge budget had been based totally on cryptocurrencies, and the determine for 2016 become less than 3 percentage. In total, there are currently 622 crypto budget across all classes. 303 of those are crypto hedge price range, and they represent assets of much less than $four billion.