How Do Crypto Hedge Funds Compare To Bitcoin And Ethereum?

The Eurekahedge Cryptocurrency Hedge Fund Index returned 238.4% for the first eight months of this year, significantly outperforming bitcoin’s 163.35% return for the period. Last year, cryptocurrencies were clearly the market’s best-forming asset as bitcoin returned 300.17% for the year. Q3 2021 hedge fund letters, conferences and more Bitcoin As A Safe Haven Eurekahedge, part of HFM, said bitcoin surprisingly benefited from the COVID pandemic. The firm believes investors saw it as a safe-haven asset and an alternative to gold and other safe havens during the broad uncertainties sweeping the market last year. “More and more traditional investors look at…