This Fund Posted Gains In December… Thanks To Its Crypto Holdings

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Michelle deBoer-Jones
Published on
Updated on

Here’s something we weren’t expecting. The big story about cryptocurrencies for about the last year has been their tumbling prices, but then December hit, bringing a bear market down hard on the stock market. Today the bitcoin price continues to struggle, falling to its lowest level in six weeks. Q4 hedge fund letters, conference, scoops etc It was exceptionally difficult for equity-focused funds to post gains for the month of December, but a select few did manage to do it. Interestingly, one fund which posted a very respectable gain last month did so because of its crypto holdings. ProChain Capital…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.