Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21.

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support.

How You can chip in:

Send sats as a tip to a writer. Each and every one of our writers has an active tipping widget.
Join our campaign on geyser.fund. Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Funding Progress

Reality Shares Launch $100 Million Crypto Hedge Fund

written by

Zachary

Support free journalists: > send a tip

BITCOIN NEWS,
August 17, 2018

Reality Shares is launching a USD 100 million crypto hedge fund, joining a long list of new crypto hedge funds, a sure sign that institutional investment into the crypto space is increasing.

Reality Shares has already set aside USD 25 million to start the fund up and shouldn’t have a problem expanding to the projected USD 100 million. The firm is responsible for launching the first blockchain exchange traded fund (ETF) in the world, listed on Nasdaq China as BCNA, which has been extremely successful, generating USD 100 million of cash in only a couple of months.

There are already 466 crypto hedge funds in existence, most of which were launched during 2017 and 2018. Some of these hedge funds have made headlines on Bitcoin News, such as Galaxy Digital, Benson Oak, Andreessen Horowitz, Lightspeed Ventures, Autonomous Partners and Grayscale Investments. Essentially, lots of big names and big investors recognize the potential of Bitcoin and crypto, and are building their investment infrastructure.

This new crypto hedge fund from Reality Shares will be in the top 100 crypto hedge funds, when using total investment to rank. Even though USD 100 million isn’t enough to significantly impact global crypto prices, the aggregate of institutional investment so far is definitely pushing crypto prices higher and setting the stage for much bigger investments in the future. Once the crypto markets start rallying again, institutional investors will pour money into crypto hedge funds, accelerating the rally. The most important thing is that the infrastructure is being solidified and will be ready by the time this happens.

Reality Shares will use a mix of arbitrage, venture, and directional strategies. To break this down, this means it is planning on making profits from price differences on exchanges across the globe, investing money into crypto startups, and also will be making long or short bets on crypto prices.

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Image Courtesy: Pixabay

[tip_author_button]

Help spread this article :)

Zachary

More of the Author

Disclaimer

BitcoinNews.com is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com