New capital markets are being born: cryptocurrency hedge funds show explosive growth

The rapid growth of launches of new hedge funds that invest in digital currency followed the surge of Bitcoin and other cryptocurrency prices, tells Happy Coin Club.

The founders and representatives of financial companies and law firms say that there has been no such quantity of new hedge funds in any type of business for over 10 years, and the companies are hardly managing to answer all calls from institutional investors who would like to play emerging cryptocurrency market.

Matthew Goetz, the co-founder of Blocktower company, pointed out that cryptocurrency hedge funds make a unique investment opportunity, as for now it’s still a very weak market with some great potential future opportunities.

“It’s not often there’s a new capital market being born in front of you,” added Mr. Goetz.

The MG Stiver & Co., Arthur Bell and Cole-Frieman & Mallon corporations that manage client funds, will soon unleash a total of 62 new cryptocurrency hedge funds on the market.

Neal Berger, the founder of Eagle’s View Capital, an investment consulting company, believes that many cryptocurrency funds will try to use this opportunity for their benefit, as this business is a perfect starting point for people who can’t mine and buy cryptocurrencies all by themselves or do not wish to learn how to do this.