In addition to over 100 crypto focused funds already operating a Connecticut based digital
currency hedge fund launched in August has raised $ 140 million.
BlockTower Capital, a digital
currency hedge fund launched in August, raised $ 140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter.
BlockTower Capital, a digital
currency hedge fund launched in August, raised $ 140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter.
Not exact matches
On Friday, Mike Novogratz, the former macro
hedge fund manager at Fortress Investment Group, told Bloomberg he had halted plans to
launch a crypto -
currency hedge fund.
In the week ending 02 February, 2018, reports showed that more and more cryptocurrency and blockchain
hedge funds are being
launched despite the recent pullback of crypto
currencies.
BlackRock Canada Expands its iShares» Minimum Volatility ETF Suite with
Launch of CAD -
Hedged Offering New
funds offer investors flexibility to express their
currency view while seeking to provide a cushion against potential market volatility
WidsomTree Japan Dividend Growth
Fund (JDG) may sound like something you've heard about before, but the newer fund (started at the end of last month) differs from the same company's Japan Hedged Dividend Growth Fund (JHDG, launched in April) in that it includes exposure to currency chan
Fund (JDG) may sound like something you've heard about before, but the newer
fund (started at the end of last month) differs from the same company's Japan Hedged Dividend Growth Fund (JHDG, launched in April) in that it includes exposure to currency chan
fund (started at the end of last month) differs from the same company's Japan
Hedged Dividend Growth
Fund (JHDG, launched in April) in that it includes exposure to currency chan
Fund (JHDG,
launched in April) in that it includes exposure to
currency changes.
The biggest news by far is CME's upcoming
launch of a regulated Bitcoin futures market, with major
hedge funds announcing they will begin trading the digital
currency as soon as this futures market goes live.
Apart from investing in a digital
currency hedge fund and an ICO, and
launching the Ethereum - based cryptocurrency Mercury Protocol in 2017, Cuban also announced in January this year that the Dallas Mavericks NBA team, which he owns, will start accepting Bitcoin as payment next season.
One issue is the practice by the
hedge funds to take investments from fiat
currencies with the purpose of investing in cryptocurrencies like Bitcoin and Ethereum to support the
launching of new virtual
currencies.
One of the most notable issues, he said, is how such
hedge funds typically take investments in fiat
currencies, only to have to then invest bitcoin or ether in a new cryptocurrency
launch.