Bloomberg: The average return rate for active cryptocurrency hedge funds is 44% in 2023, while the average return rate for passive cryptocurrency funds is 265%.

According to BlockBeats news on December 28th, as reported by Bloomberg, Pantera Capital's liquid token fund has risen nearly 80% this year after falling 80% in 2022. Meanwhile, Chainview Capital's fund size has doubled after falling 18% last year. Naveen Choudary, founder of Stoka Global LP, which mainly invests in altcoin assets, stated that as of November 30th, the token value of its holdings had risen by 268% this year. According to the Bloomberg index, as of December 20th, the average return rate for cryptocurrency hedge funds this year was 44%, rebounding from the 52% loss in 2022. The index underperformed passive cryptocurrency funds, with passive crypto funds having an average return rate of approximately 265% according to CoinShares data as of mid-December. According to data from Galaxy Digital VisionTrack, approximately 250 of the 712 cryptocurrency hedge fund companies it tracks have closed in the past year and a half. For hedge funds that performed poorly in 2022, there were a large number of redemption requests in the first half of 2023, which began to change in the second half of the year (when Bitcoin spot ETF applications appeared).