Quant Fund Kbit: Will Continue to Invest in Cryptocurrencies Despite ETF Returns
July 26 (Bloomberg) -- Quantitative fund Kbit says that while hedge funds are employing proven strategies to profit from the recent influx of U.S. bitcoin and ethereum ETFs, continuing to invest within the digital asset space will have more potential for profitability. kbit Founder and CEO Ed Tolson says it is important to have access to centralized cryptocurrency trading platforms that engage in token trading, perpetual 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.
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