Quantitative Fund Kbit: Despite the high returns of ETFs, it will continue to invest in cryptocurrencies

ChainCatcher news, according to Bloomberg, the quantitative fund Kbit stated that while hedge funds are using proven strategies to profit from the recent influx of U.S. Bitcoin and Ethereum ETFs, continued investment in the digital asset space will have greater profit potential.

Kbit founder and CEO Ed Tolson stated that it is essential to access centralized cryptocurrency exchanges to engage in token trading, perpetual contracts, and derivatives themselves. Kbit manages over $100 million in assets, employing a market-neutral trading strategy aimed at profiting from both price increases and decreases while seeking to minimize overall market risk.