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As Bitcoin Rallies, Crypto-Focused Hedge Funds Gain 50 Percent In 2020: Eurekahedge

11:52 Thursday , August 13th 2020
Cryptocurrency hedge funds are having a splendid year, having gained 50 percent since the start of 2020, according to an Aug. 13 Financial Times report that cites data from Eurekahedge.
They are, of course, piggybacking off of Bitcoin's 60 percent rally that allowed the flagship cryptocurrency to significantly outperform U.S. equities, gold and other traditional assets.
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