​​Record rate of crypto hedge funds launched in 2018

According to a new study conducted by the Crypto Fund Research team, there are currently 466 cryptocurrency investment funds in the world. The majority (255) have the status of a hedge fund, 195 - venture capital funds, 16 - private investment funds.

Guided by the current pace of hedge funds, the authors of the study suggest that about 165 new cryptocurrency funds will be created till the end of 2018, while 156 such funds were opened last year.

Most cryptocurrency funds manage assets of $ 10 million or less. A total of 28 funds have amounts in excess of $ 100 million. These include Arrington XRP Capital, Mike Novograz’s Galaxy Digital Assets, Polychain Capital, and others. The total assets of all known crypto funds are $ 7.1 billion.

Although existing crypto funds manage relatively modest amounts, the emergence of custodial solutions based on trusted companies can open the way for larger investors.

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