Crypto hedge funds saw over 1,100% returns in 2017
Nine cryptocurrency hedge funds, tracked by research firm Eurekahedge, gave combined returns of 1,167% in 2017 compared to Bitcoin's 1,400% gain. In contrast, hedge funds globally returned 8% on average. However, the Altana Digital Currency Fund, which gained nearly 1,500% last year, had warned its clients that they should invest only an amount they can afford to lose.