Cryptocurrency hedge funds are still a fairly new investment vehicle, but we’re already getting a pretty good idea of how they stack up against simple passive investments in two common underlying currencies. The bitcoin price and ethereum price have both plunged this year, leaving cryptocurrency hedge funds scrambling for cover. However, performance data shows that in a down year, investing in those two cryptocurrencies via hedge funds seems to offer slightly better performance than a passive investment in a portfolio consisting of 80% bitcoin and 20% ethereum.