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Cryptocurrency hedge funds will shine in 2024, but they failed to outperform Bitcoin.
In 2024, when Cryptos shine brightly, the hedge funds focused on digital Assets also performed exceptionally well, as expected. However, these hedge funds still could not match the performance of the most famous token in the Cryptos Industry—Bitcoin.
J.P. Morgan: Once approved, the alternative Currency ETF will attract 14 billion dollars, with Solana and XRP becoming the focus.
JPMorgan analysts estimate that if approved by the USA Securities and Exchange Commission, a batch of ETFs holding alternative Cryptos could attract up to 14 billion dollars in Inflow.
Grayscale: Has the cryptocurrency market peaked? How long will this bull market last?
Like many physical commodities, the price of Bitcoin does not follow a strict "random walk."
Bitcoin Could Lose Its Diversification Status as Correlation With Stocks Increases
Bitcoin Holders Cut Their BTC Holdings by 11% – Should You Be Worried?
Bitcoin Watch: Dollar Hits 26-month High, Big Moves Ahead?