Brevan Howard's crypto fund has only lost about 5% this year

According to ChainCatcher, citing sources from Bloomberg, the crypto fund of asset management company Brevan Howard has only dropped about 5% this year and has not yet deployed the $1 billion raised earlier this year. In contrast, the average cryptocurrency hedge fund tracked by Bloomberg has fallen by 43%, while Bitcoin has dropped about 60% during the same period.

According to a previous report by ChainCatcher, in August this year, informed sources indicated that the cryptocurrency hedge fund launched by Brevan Howard raised over $1 billion. (Source link)