Reality Shares Mulls $100M Crypto Hedge Fund - Report
Cryptovest
Published Aug 15, 2018 12:17PM ET
Updated Aug 15, 2018 01:20PM ET
Reality Shares Mulls $100M Crypto Hedge Fund - Report
Reality Shares, the owner of one of the few blockchain ETFs in the US, is considering to launch a $100 million cryptocurrency hedge fund, Business Insider Netherlands reported on Tuesday.
The company has already devoted around $25 million to the project, according to an unnamed source, familiar with Reality Shares future crypto initiatives. The fund will be a mix of arbitrage, venture, and directional strategies. It is unclear when the Reality Shares will roll out the new project.
Currently, there are more than 366 digital asset-focused funds, according to data of Crypto Fund Research. However, less...
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