UK Media: Hedge funds using encryption strategies achieved a return of 46% in November, with a year-to-date return rate reaching 76%

According to the Financial Times, in recent weeks, with Trump's victory in the presidential election driving a strong rise in Bitcoin, breaking through the $100,000 mark, a group of hedge funds focused on cryptocurrencies made a fortune.

Data from Hedge Fund Research shows that funds using crypto strategies achieved 46% returns in November, bringing their total return rate so far this year to 76%. HFR stated that the return rate of hedge funds exceeded that of the entire industry. In the first 11 months of this year, the average return rate for hedge funds was 10%.