As crypto space matures, are there tools and techniques from the "old age" of investing to be applied? Here we build an index-like portfolio of cryptos to check what benefits this approach may bring to the space.
There is a growing number of cryptocurrency based investment funds with the estimated number rotating around a few hundred and AUM of around $20B. Are they adding value for the investors?
Funds reporting through June on the NilssonHedge database, a public database of hedge fund returns, shows the industry split in half during the first six months of the year. The average positive and the average negative returns of the 928 funds that NilssonHedge has data for through June are the same to within a basis point: 7.82% vs -7.83%, with negative returns being a majority (about 2/3rds or 562 of all returns).
