The complaint accuses Grayscale and Digital Currency Group of “brazen abuse of their control over nearly $19 billion of digital assets held in two trusts to enrich themselves at the expense of trust shareholders.”
Tetras Capital, the New-York based digital currency hedge fund with a “short Ethereum” thesis, is shutting down.
Prime Factor Capital was the first fund of its kind to win the approval of the Financial Conduct Authority only in the summer of 2019.
The hedge fund’s decision to use Bitcoin SV in its investment portfolio rewrites how investors view digital currency
Adaptive Capital is reportedly shutting down and returning the rest of its capital to investors.
Bayesian Fund SPC already has investment commitments exceeding US$20 million, and will use BSV as a base currency.
The crypto winter last year hit the industry hard, and Polychain Capital knows this all too well.
Cryptocurrency hedge funds are now increasingly running into difficulties, with new capital drying up and significant losses reported in the early part of 2018, according to reports.
