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Crypto Hedge Funds' Assets Under Management Doubled In 2019 To Over $2B

Roland James

Summary: The total assets under management (AUM) of cryptocurrency hedge funds doubled last year, according to a report from PwC and Elwood Asset Management Services on May 11. The report has the total AUM of crypto hedge funds globally increasing to over $2 billion in 2019 as compared to $1 billion the year prior. Bitcoin was ...

The total assets under management (AUM) of cryptocurrency hedge funds doubled last year, according to a report from PwC and Elwood Asset Management Services on May 11.

The report has the total AUM of crypto hedge funds globally increasing to over $2 billion in 2019 as compared to $1 billion the year prior. Bitcoin was the digital asset traded the most by hedge funds.

By Roland James

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