Investing In BTC Is More Profitable Than A Crypto Hedge Fund!

<p>&nbsp;"Is it because of this that the price of BTC will go higher in the future?"</p><p><br /></p><p>21e6 Capital, a Swiss-based digital asset investment advisor revealed that investors will benefit more from buying and holding Bitcoin (BTC) than investing in cryptocurrency hedge funds* in the first half of 2023.</p><p><br /></p><p>*Crypto hedge funds raise money from investors to invest in various crypto projects including blockchain ventures, derivative projects and so on</p><p><br /></p><p>Through observation, crypto hedge funds return a profit of 15% while BTC is 83%.</p><p><br /></p><p>So here it can be seen that the hedge fund is struggling to deal with various challenges such as the collapse of FTX in November 2022 followed by the closure of three crypto-friendly banks earlier this year and the ongoing turmoil over the regulation of digital assets.</p><p><br /></p><p><br /></p><p>Please note that investing in BTC can outperform all crypto hedge funds that have been affected lately.</p><p><br /></p><p>This is because BTC managed to add around 80% in value in the first half of the year, commented 21e6 Capital due diligence manager Jan Sörer and head of sales and marketing Maximilian Bruckner.</p><p><br /></p><p>There is no denying that digital asset hedge funds have often significantly outperformed BTC during the crypto market's previous bullish moves, but the situation has now changed.</p><p><br /></p><p>It is well known that crypto hedge funds entered the year with larger cash positions than usual to help reduce risk shortly after FTX suffered a drastic fall that resulted in various parties being affected.</p><p><br /></p><p>As of this writing, BTC price has jumped by 0.21% to $29,165 in the last 24 hours with a market cap of $567 billion but still posted a 0.44% decline over the past week.</p>