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06.01 - 15:41
‘Altcoins might offer investors superior performance to Bitcoin’
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ambcrypto.comAs the cryptocurrency industry continues to establish its legitimacy, an increasing number of institutional investors have flocked to the sector to reap its fruitful gains. However, the complications and constant evolution characteristic of digital assets have also led to the emergence of crypto-themed hedge funds. These are aimed at providing safer and diverse institutional-grade investment products to these investors.
Their popularity and preferences are reflected in the fact that crypto-hedge funds managed to outperform Bitcoin in November, according to a recent Bloomberg report. While Bitcoin closed in November with a loss of 6.5%, hedge funds with diverse crypto-exposure lost only 2%.
Bitcoin has, in fact, been in trouble for almost a
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