Study Shows Over 300 Crypto Funds Now Active

Study Shows Over 300 Crypto Funds Now Active
фото показано с : bitcoints.com

2018-7-28 07:51

Finance

According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017.
Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC
Number of Active Crypto Funds Reaches 312
The number of cryptocurrency funds has significantly expanded in recent years, growing by 456% since the end of 2016, and 791% since the end of 2015 – according to Autonomous Next.
Despite the milestone, 2018 has so far produced the lowest percentage increase in the number of cryptocurrency funds year-over-year, with the number of crypto funds growing by 124% heading into 2015, 30% heading into 2016, 60% heading into 2017, and 348% at the at the end of last year.
During the first quarter, only 20 new funds opened their doors, whilst 9 funds ceased trading.
According to the report, “The number of crypto funds is highly correlated with both ICO fundraising and the market cap of [BTC].”
Crypto Funds Manage $7.5 Bn – $10 Bn USD Collectively
Autonomous Next estimates that the total sum managed by all cryptocurrency funds is approximately between $7.5 billion and $10 billion.

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Research Finds Number of Crypto Funds has Exceeded 300

According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017. Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC Number of Active Crypto Funds Reaches 312 The number of cryptocurrency funds has significantly expanded in […] The post Research Finds Number of Crypto Funds has Exceeded 300 appeared first on Bitcoin News.

2018-7-28 06:45