Over 70 cryptocurrency hedge funds have closed down in 2019 due to low institutional interest in the funds, according to a report by the Crypto Research Fund.
The disinterest of the investors is a result of the volatile nature of the bitcoins and other digital currencies which have been showing tremendous swings in prices in the last year.
The hedge funds that closed down mostly catered to pension funds family offices and capital-rich individuals. Of the 70 closed funds, nearly 50 were based in North America and Europe. The Asia-Pac...
