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Crypto hedge funds had a great 2024, but failed to beat bitcoin

Muyao Shen and Vildana Hajric

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During a great year for cryptocurrencies, hedge funds focused on digital assets unsurprisingly did very well, too. It’s just that many didn’t do as well as the industry’s most famous token: bitcoin.

Last year, a number of crypto hedge funds logged double-digit returns, with the VisionTrack Composite Index, which tracks the performance of 130 crypto-dedicated hedge funds, jumping 40 per cent, according to data provided by Galaxy’s VisionTrack.

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    Original URL: https://www.afr.com/markets/currencies/crypto-hedge-funds-had-a-great-2024-but-failed-to-beat-bitcoin-20250115-p5l4o3