Cryptocurrencies

Bitcoin Frenzy Helps Crypto Hedge Funds Reap 1,100% Gains

Funds investing in cryptocurrencies trounce global peers
Altana, BitSpread, Silver 8 among managers that made a killing

O'Neill Says Regulators Want to Be Really Careful About Bitcoin

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By Bei Hu, Nishant Kumar, Hema Parmar, and Klaus Wille

January 15, 2018 at 10:08 PM EST

Updated on

January 16, 2018 at 6:05 AM EST

This article is for subscribers only.

While most of the world’s institutional investors watched from the sidelines as cryptocurrencies surged last year, a small group of hedge fund managers piled in.

Call them visionaries or just plain lucky, but boy did they hit the jackpot.

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