Banks and traditional asset managers used to stay away from Bitcoin and other cryptocurrencies, fearing for their reputation and scared of lack of regulation and wild volatility. However, the recent performance proved that Bitcoin should not be ignored. Crypto Funds Returned 6% More than Traditional Hedge Funds A recent survey carried out by Eurekahedge found that dedicated crypto funds returned over 16% last year. Elsewhere, Hedge Fund Research (HFR) said that traditional hedge fund strategiesRead More The post appeared first on Bitcoinist.com.
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