70 Crypto Funds Close Doors as Institutional Interest Fails to Materialize
December 13, 2019, Crowdfund Insider
Still, if you were paying close attention, you might have noticed that the initial action at Bakkt was modest. There were also quiet exits from the space though such reports are not particularly favoured in the crypto press or on crypto twitter, which typically likes to maintain optimism.
Now, however, Crypto Fund Research, “the leading provider of data and market intelligence covering crypto hedge funds and venture capital,” has produced a quantitative report indicating that 70 crypto-focused hedge funds closed in 2019…..