New Hedge Fund Circuit Capital Doubles Down on Cryptocurrency Investing4.64

Cryptocurrency, Hedge Funds, Investing–Despite the ongoing bear market which has come to characterize 2018 for cryptocurrency, one newly developed hedge fund is remaining bullish on the industry. While reports tend to center around the falling price (or sideways trading) of Bitcoin and the larger altcoin market, adoption and development for cryptocurrency is reaching a historic level as the bear market continues. For the founders of Circuit Capital, this represents promising news for the outlook of the industry while also creating the conditions for a market that could be severely undervalued at present–particularly in light of price levels experienced at the beginning of this year and end of last.

Circuit Capital, based out of San Francisco and Singapore, is planning to launch by January with the focus of building a fund around cryptocurrency. The founders of the fund, including a former Deutsche Bank trader and two Silicon Valley veteran venture capitalists, have come up with the idea of an index fund to track the digital assets.

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