Managed Crypto Funds: Performance and Market Impact
- Crypto funds have an average asset under management (AUM) of over $150 million.
- Management fees are around 2%, with performance fees just over 22%.
- Bianchi and Babiak (2022) found crypto funds outperform passive benchmarks.
- Dombrowski et al (2023) noted few funds show superior skills due to skewed returns.
- Urquhart and Wang (2023) highlighted hedge fund experience as key for higher returns.
Studies indicate that crypto funds can outperform the market, notably those managed by individuals with hedge fund experience, although performance metrics vary due to non-normal return distributions.
Source (2.6)https://decrypt.co/306015/professor-coin-do-managed-crypto-funds-outperform-the-market?rand=52368
