Eurekahedge data: Crypto hedge funds return 21.15% in January 2020

According to Cointelegraph, the Eurekahedge Cryptocurrency Hedge Fund Index shows that crypto hedge funds returned 21.15% in January 2020. This is not only the best January on record (the index dates back to July 2013), but also the first positive return for January since 2017, with a return of just 4.85% in January 2017. 2017 was by far the most successful year for crypto hedge funds. That year, its annual yield was as high as 1708.50%. The index does not include all crypto hedge funds, but it still reflects the overall market sentiment and is closely related to the market. The good performance of the fund should make it easier for fund managers to raise funds and bring more investment.