Odaily Planet Daily News According to Bloomberg News citing data from Swiss investment consultant 21e6 Capital AG, there have been more than 700 cryptocurrency funds around the world this year, of which 97 have closed. While the funds returned an average of 15.2 percent in the first half of the year, their performance lagged bitcoin's 83.3 percent gain.
“Targeted funds are doing well, but lagging behind Bitcoin,” said Maximilian Bruckner, head of marketing and sales at 21e6. “While many funds have had to slow down operations due to regulatory uncertainty, discretionary crypto funds have not faced this problem. .”
At the same time, quant funds were crushed by "volatile" markets. (the block)