Hedge funds pumped more than $200 million into a family of crypto funds last quarter even though performance tanked

Hedge funds pumped more than $200 million into a family of crypto funds last quarter even though performance tanked

Grayscale Investments, which runs ten crypto-linked investment trusts, had more than a quarter of a billion dollars-worth of inflows in the third quarter, with an overwhelming majority coming from hedge funds. Crypto and crypto-linked products were hit hard o…

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