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Posted on: Jan. 25, 2021, 5:31 p.m.
(Bloomberg) -- Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research. The funds’ average rate of return was 166%, compared with a more than 300% increase in Bitcoin. During 2017’s surge, gains were about 1,100% as the dominant token burst into the mainstream consciousness with a 1,375% increase, according to the researcher. The data tracker didn’t release the names of the top performing funds. While the funds as a ... Full investment news articleRelevent to this post: The Hillman Company Apollo Global Management,