Explosive Growth of Crypto Funds Continues in 2018

Despite Falling Prices and Regulatory Hurdles, Hedge Funds & Venture Capital Launch
Cryptocurrency Investment Funds at Record Pace

Rohnert Park, CA, April 27, 2018 --(PR.com)-- Prices for cryptocurrencies like Bitcoin and Ethereum
are off about 50% from their December 2017 highs and the SEC has announced its intent to investigate
over 100 crypto hedge funds. Yet those hurdles haven't slowed the explosive growth of new crypto
investment funds launching across the US, according to Crypto Fund Research.

With over 100 new crypto fund launches, 2017 was a record year for the industry. The explosive growth
of the cryptocurrency and blockchain investment universe has continued in 2018.

Already there have been 34 new crypto fund launches this year, putting 2018 on pace to meet or exceed
the record 107 launches in 2017.

Josh Gnaizda, founder of Crypto Fund Research, said, “While crypto hedge funds constitute a small
portion of hedge fund assets, they are one of the fastest growing sectors in the hedge fund industry. In
addition, many venture capital funds are including cryptocurrency and blockchain assets in their existing
portfolios, or creating new funds specifically to invest in digital assets.”

Owing to its existing dominance in hedge funds and venture capital, 57% of all crypto funds are based in
the US. California and New York alone are home to nearly 100 crypto funds.

Top States for Crypto Funds

- California: 71
- New York: 28
- Illinois: 13
- Massachusetts: 8
- Texas: 5

More info on the state of the crypto fund industry can be found here:
https://cryptofundresearch.com/cryptocurrency-funds-overview-infographic/

About Crypto Fund Research

Crypto Fund Research provides proprietary research on the cryptocurrency investment industry and is
part of The Blue Heron Group, providing alternative investment research and consulting since 2007.

Resources https://cryptofundresearch.com
https://cryptofundresearch.com/media/
https://cryptofundresearch.com/crypto-research/

Contacts

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Josh Gnaizda, media@cryptofundresearch.com

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Contact Information:
Crypto Fund Research
Joshu Gnaizda
877-504-3343
Contact via Email
https://cryptofundresearch.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/752051

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