(Quartz) Hedge funds have been trounced by the stock market in recent years. Now they are eyeing a new asset class that might provide the big returns their clients pay them to produce: bitcoin and cryptocurrencies. Bitcoin has risen nine-fold in the last 12 months and is trading at an all-time high. Ether has surged 30-fold this year….
Hedge Funds Are Rushing Into Cryptocurrencies to Juice Their Weak Returns
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