digital hedge funds dropped 29.2 % in March , according to the Cryptocurrency Traders report , the third monthly loss for the index launched by hedge Hedge at the end of the year . While there was a boom in the creation of crypto - focused hedge funds last year , many are struggling in the current market , with at least nine having closed this year and the index down by 43.1 % since 1 January . The index tracks hedge funds that trade in digital assets . Barclay ##dge also maintains a range of hedge fund indices in North America and Europe .
Cryptocurrency hedge funds dropped 29.2% in March, according to the Cryptocurrency Traders Index, the third monthly loss for the index launched by Barclay Hedge at the beginning of the year. While there was a boom in the creation of crypto-focused hedge funds last year, many are struggling in the current market, with at least nine having closed this year and the index down by 43.1% since 1 January. The index tracks 19 funds that trade in digital assets. Barclay Hedge also maintains a range of hedge fund indices in North America and Europe.