😎The number of new crypto funds has reached a maximum

In the first three months of the current year, 25 new cryptocurrency venture and hedge funds were launched, the most since 2021. It doubled the number of crypto funds closed during the same period.

Last year, the number of new crypto funds barely exceeded the number of closures due to a prolonged bear market. Those that survived have made significant gains in recent months.

Many new funds are focused on both cryptocurrency and artificial intelligence technologies.

The total volume of the cryptocurrency hedge fund market increased from $16.3 billion in December to $21 billion year to date, the highest since October 2022.