Cryptocurrencies
AI-Driven Hedge Fund Rules Out Bitcoin for Lack of ‘Fundamentals’
- Volt return last year was 4 times hedge-fund industry average
- Investors include Bjorn Wahlroos, former Nordea chairman
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A Swedish hedge fund that returned roughly four times the industry average last year using artificial intelligence won’t touch Bitcoin, based on an assessment that the cryptocurrency doesn’t lend itself to sensible analysis.