Investing across a wide range of sectors, they have blockchain and cryptocurrency startups in their portfolio, including BlockCypher and Hijro. Originally started as 500 Startups, the Silicon Valley-based early-stage VC capital firm has a portfolio of over 2700 firms across 75+ countries. From $23 million invested in 26 companies, Pantera has realized over $125 million. Over the years, they have launched four different crypto-focused funds and has led more than 100 out of 210 investments. (BMJ Score: 4.70)Īs the first US-based institutional asset manager to focus exclusively on a blockchain, Pantera Capital has been a pioneer in crypto funds since 2013. Despite experiencing a decline of over 50% in 2022, this fund remains the single largest crypto asset manager in 2023. At their peak, Grayscale had a total AUM of $43.5 billion. In 2021, the firm achieved 73.4% coverage of the digital currency market, with a wide range of investment products including single-asset trusts and diversified crypto DeFi funds. Sources: Press releases,, , Crypto Fund Research, Crypto Fund Listįounded in 2013, Grayscale quickly evolved into the world’s largest digital currency asset manager. The Best Crypto Funds (2023 Rankings) Fund Name The data used was primarily supplied by Crypto Fund List and Crypto Fund Research. We evaluated several of these top-performing funds for this review, looking at key performance indicators, including their Assets Under Management (AUM), number of employees, and tenure. However, there are signs of resurgence in 2023, as major cryptocurrencies funds rallied by up to 50% in value. The crash of Terra/Luna and FTX further affected the fortunes of crypto funds in a turbulent 2022.Īccording to CoinShares, the total value of assets held by crypto funds declined by 66% to $20 billion and inflows decreased by 95% when compared to 2021. Those numbers took a significant hit in 2022 as the crypto market entered a severe downturn, with major cryptos like bitcoin and Ethereum falling by 72%. At its peak in Q4 2021, crypto funds had a total AUM of $62.5 billion, according to CoinTelegraph. And this new market segment of the fund management industry is growing at a frenetic pace.Īs cryptocurrencies enjoyed mainstream recognition and acceptance after 2020, investment funds started recording unprecedented investor interest. In this piece, we’ll highlight the best crypto funds for 2023, with focused recommendations for investors, large and small.Īccording to Crypto Fund Research, since the first bitcoin fund was launched in 2013, over 840 cryptocurrency funds have been established. However, there are signs of resurgence as of this writing, with major crypto funds rallying by up to 50%.Ī cryptocurrency fund is a new investment vehicle similar to mutual funds/ETFs, containing a portfolio of digital tokens and cryptos instead of stocks, indices, or commodities. The total value of assets held by crypto funds declined by 66% to $20 billion in 2022, and inflows decreased by 95% compared with 2021. Since the first bitcoin fund was launched in 2013, over 840 cryptocurrency funds have been established.Ĭrypto funds experienced unprecedented investor interest at the peak of the crypto market in Q4 2021, with a total AUM of $62.5 billion, but took a significant hit in 2022 due to a severe bear market. Cryptocurrency funds, which are similar to mutual funds or ETFs, consist of portfolios of digital tokens.
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