I dont think that is a logical approach. A hedge fund does not make money by just allowing the market to move. They basically cut down the risks by making money from the movements. I still am less knowledgeable about how they function but they convert to fiat and hold that before the market goes down and vice versa. I know there are capital hedge fund groups in fiat but those in crypto - I tend to not have faith in them much. I prefer to keep my coins to myself or trade myself instead of giving it to someone for taking care of risks.

Although opinions may vary here.