Investors See Diminishing Returns

Investors / ShortCryptoNews
Altcoin News

Investors See Diminishing Returns: ICORating notes that only 119 of the 219 crypto funds it analyzed are actively operating, and nine funds closed in the first quarter of this year including Crowd Crypto Fund and Alpha Protocol. They opine: “We expect that more funds may be closed in the future, due either to inefficiency or legal problems with regulators.” Nevertheless, with the remaining funds overseeing almost $28 billion in assets, crypto funds are big business.

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