How Do Crypto Hedge Funds Compare To Bitcoin And Ethereum?

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Michelle deBoer-Jones
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The Eurekahedge Cryptocurrency Hedge Fund Index returned 238.4% for the first eight months of this year, significantly outperforming bitcoin's 163.35% return for the period. Last year, cryptocurrencies were clearly the market's best-forming asset as bitcoin returned 300.17% for the year.

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Bitcoin

Bitcoin As A Safe Haven

Eurekahedge, part of HFM, said bitcoin surprisingly benefited from the COVID pandemic. The firm believes investors saw it as a safe-haven asset and an alternative to gold and other safe havens during the broad...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.