Since 2017, crypto funds have been the fastest growing sector of the hedge fund industry. Despite falling cryptocurrency prices this year, the number of new crypto funds being launched has actually accelerated. In just the first five months of 2018, there were a whopping 61 crypto fund launches, according to Crypto Fund Research. This number includes 41 crypto hedge funds and 20 venture capital funds.
If the current pace of new fund launches continues, 2018 will see 147 new crypto funds – more than the record 130 launched in 2017.