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Bitcoinist
2018-10-20 01:00:13

Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a factor, Pomp believes that it has to do more with the fee structures that the funds set-up in 2017. InRead MoreThe post Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think. appeared first on Bitcoinist.com.