At the beginning of their 2017 was only 37 and in the fall 55
Experts from Autonomous Next research firm reported that the number of cryptocurrency hedge funds increased to a record maximum of 226 pieces.
The Bitcoin.com resource emphasized that from October 18, 2017, till February 15, 2018, the number of hedge funds doubled from 110 to 226 pieces. The result impresses, considering the fact that at the beginning of their 2017 was only 37, and in the fall 55.
Autonomous Next reported that the summary price of assets which are controlled by hedge funds today varies from 3,5 to 5 billion dollars. It seemed just space amount at the beginning of last year, but now it is quite real.
The partner of firm claims that despite problems at investors because of the low prices of cryptocurrency assets, he is not sure that it will become the powerful reason for the extinction of generation of new funds and the organizations in the cryptocurrency industry. The similar scenario is possible only if the market will drop by 80% and it will begin to regulate mercilessly. Then there can be enough arguments for the change of a trend.
To a word about statistics – 9 cryptocurrency funds with assets on the amount 1 billion dollars brought on average to 1 477,85% of income according to a command of analysts from Eurekahedge.
However, hedge funds have also opponents. According to the founder of the financial and technological company Bitspread Cedric Dzhinson, such funds receive a lot of money on the crazy commissions collected from clients – up to 1,6% for control over assets and 17,5% for efficiency in spite of the fact that practically always they use reliable, but extremely passive tactics of guiding of trade.