According to Odaily Planet Daily, quantitative fund Kbit said that although hedge funds are using proven strategies to profit from US Bitcoin and Ethereum ETFs, continuing to invest in the digital asset field will have greater profit potential.

Kbit founder and CEO Ed Tolson said that it is necessary to have exposure to centralized cryptocurrency exchanges to participate in token trading, perpetual contracts, and derivatives.

With over $100 million in assets under management, Kbit employs a market-neutral trading strategy that seeks to profit from both rising and falling prices while seeking to minimize overall market risk.