Data: Brevan Howard and Galaxy Digital encryption funds have an average annual return rate of 76%

Odaily Planet Daily News According to the impact of Trump's election victory, BTC prices have experienced a strong Rebound, and some Cryptocurrency Hedging funds have seen a big pump in performance. Data from Hedge Fund Research shows that funds using encryption strategies in November saw a 46% increase, with an annual return rate of 76%, far exceeding the industry average (10% in November). Among them, Galaxy Digital, a Cryptocurrency investment management company founded by Brevan Howard Asset Management and billionaire Mike Novogratz, is the biggest winner in the recent encryption frenzy. Brevan Howard's encryption fund under management of $35 billion has pumped 51% so far in 2024; Galaxy Digital has pumped 90%, increasing its assets by $4.8 billion. However, up to now, Brevan Howard Asset Management and Galaxy have declined to comment on their performance. (Financial Times)